SAP Plans 8,000-Job Restructuring in AI Bet, Raises 2025 Outlook

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(Bloomberg) -- SAP SE shares jumped the most in more than three years after the German software company said it’s planning a restructuring that will affect about 8,000 jobs and increase its focus on artificial intelligence. The company projected that operating profit would rise to roughly €10 billion ($10.9 billion) next year as result. Most Read from BloombergTesla Slumps After Warning About ‘Notably Lower’ Growth RateBoeing Blocked From Building More 737s in Hit to Growth PlanUS GDP Grew 3.3%
(Bloomberg) -- SAP SE shares jumped the most in more than three years after the German software company said it’s planning a restructuring that will affect about 8,000 jobs and increase its focus on artificial intelligence. The company projected that operating profit would rise to roughly €10 billion ($10.9 billion) next year as result. Most Read from BloombergTesla Slumps After Warning About ‘Notably Lower’ Growth RateBoeing Blocked From Building More 737s in Hit to Growth PlanUS GDP Grew 3.3%
(Bloomberg) -- SAP SE shares jumped the most in more than three years after the German software company said it’s planning a restructuring that will affect