German software maker SAP AGs restructuring plan, announced in January this year, will end up eliminating around 80 jobs in Canada.
SAP will lay off 64 employees in Ontario and 15 in Quebec, reported IT World Canada, citing unnamed sources.
Most of the jobs facing the axe are at the companys research and development (R&D) units servicing the clients using the companys ERP software.
Few more jobs may be lost in British Columbia, stated the news portal.
The German multinational is restructuring its business after many of its clients started choosing cloud software rather than on-premise applications.
The restructuring, according to SAP, will help the company save up to US$1.28 billion annually from 2020 onward.
But it will also lead to…
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