SAP Labs lays off 300 employees in India

SAP Labs lays off 300 employees in India

Software major SAP Labs has laid off over around 300 executives across India, which will reportedly have a major impact on its Bengaluru and Gurugram offices. According to a report published in  Economic Times, the layoffs were due to the closure of a worldwide delivery centre that held specialised development positions for the company’s implementation projects.

Also read: 9 in 10 female blue collar employees in India believe they receive equal pay: Survey

An SAP spokesperson told ET that the company began undergoing a transformation two years ago, and that it has “deepened its focus on delivering value to current and new customers in the cloud and on high-growth opportunities as part of an organisational re-prioritisation.” SAP Labs is the Bengaluru-headquartered research and development business wing of the German company SAP.

On February 16, tech giant Google laid off 453 employees in India. The cuts were made across departments, and the employees were informed of their termination via email. Almost 190 employees were also laid off in Singapore, which was communicated by email. This was after the company’s decision to lay off 12,000 of its workforce globally triggered protests in various cities.

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November 2024

Tech & Human Equation

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