SAP is restructuring 8,000 jobs to focus on AI 🙏🏼

• Workday is laying off 1,750 employees, or 8.5% of its workforce, to prioritize AI investments and growth. CEO Carl Eschenbach emphasized the potential of AI to drive a new era of growth.
• The company will incur $230-$270 million in re...

• SAP CEO Christian Klein announced that India is set to become the company's largest employee hub, surpassing its headquarters in Germany.
• India is a key market for SAP, with significant investments in research and development and cus...

• Salesforce CEO Marc Benioff announced the hiring of 2,000 AI-focused salespeople, doubling their initial plan from last month.
• The second generation of Salesforce’s AI agent software, Agentforce, will be available February 2025, enh...

https://www.livemint.com/companies/company-results/dell-fires-12-500-employees-in-major-shift-toward-ai-report-11723004175038.html Tech layoffs: Dell fires 12,500 employees in major shift toward AI, says report