SAP to cut 3,000 roles, explore sale of Qualtrics stake
SAP became the latest tech giant to announce significant layoffs, with plans to cut up to 3,000 jobs, or about 2.5% of its workforce.
| Date: | Jan. 26, 2023 5:28 AM ET |
| Link: | Read more at CNBC |
| Source: | US Top News and Analysis - cnbc.com |
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Dow Jones Newswires: SAP to cut nearly 3,000 Jobs, weighs Qualtrics stake sale
German software company said it would book most of 250 million euros to 300m euros ($272.9 million - $327.4 million) in restructuring costs in current quarter.
Jan. 26, 2023 - MarketWatch.com - Top Stories - Business -
SAP to cut up to 3,000 jobs worldwide, mulls Qualtrics sale
Germany-based software company SAP says it's cutting up to 3,000 jobs worldwide, or about 2.5% of its workforce
Jan. 26, 2023 - ABC News: Top Stories - Top stories -
Earnings Results: Qualtrics stock soars 30% after SAP says it will explore sale of stake
The software company announced fourth-quarter results and revenue guidance that exceeded analysts' forecasts.
Jan. 26, 2023 - MarketWatch.com - Top Stories - Business -
SAP to Cut 3,000 Jobs After Profit Plunges
The German software company joined the ranks of tech companies announcing job cuts this year, following a 47% fall in net profit in the final quarter of 2022.
Jan. 26, 2023 - WSJ.com: US Business - Business -
SAP to Cut 3,000 Jobs After Profit Plunges
The German software company joined the ranks of tech companies announcing job cuts this year, following a 47% fall in net profit in the final quarter of 2022.
Jan. 26, 2023 - WSJ.com: WSJD - Tech -
The Ratings Game: SAP plans to lay off 3,000 workers amid tech layoff wave
European software giant SAP SE plans to lay off up to 3,000 workers as part of a restructuring program, the company announced Thursday
Jan. 26, 2023 - MarketWatch.com - Top Stories - Business -
More Than 3,000 PC Games Are On Sale In New Winter Sale
If you’re looking to stock up on cheap PC games, you’ll want to take a closer look at GOG.
Jan. 24, 2023 - GameSpot - All Content - Tech -
P&G Earnings Slip as Higher Prices Sap Sales Volumes
The maker of Tide and Gillette reported a 10% increase in prices during its quarter ended in December.
Jan. 19, 2023 - WSJ.com: US Business - Business -
IBM, Dow, SAP to cut thousands of jobs
Corporations are slashing headcount as they prepare for a slowing economy this year.
Jan. 26, 2023 - Home - CBSNews.com - Top stories -
IBM, SAP are cutting thousands of jobs
IBM and SAP are the latest tech companies to slash thousands of jobs, as they reorganize businesses and profits come under pressure from a slowing global economy.
Jan. 26, 2023 - CNN.com - RSS Channel - HP Hero - Top stories -
Crypto publication CoinDesk hires Lazard to explore sale as crisis deepens at parent company DCG
Crypto publication CoinDesk has engaged Lazard as it considers a full or partial sale of the business, a subsidiary of Barry Silbert's Digital Currency Group.
Jan. 18, 2023 - US Top News and Analysis - Business -
The Wall Street Journal: DCG’s crypto media platform CoinDesk hires bankers to explore potential sale
CoinDesk Inc., a cryptocurrency-focused media company, has retained investment bankers at Lazard Ltd. to help it explore options including a partial or full sale, according to its chief executive officer.
Jan. 18, 2023 - MarketWatch.com - Top Stories - Business -
Barry Diller exploring sale of Daily Beast: report
Media titan Barry Diller is exploring a potential sale of The Daily Beast, one of his top media properties, according to a new report.
Jan. 13, 2023 - Just In | The Hill - Politics -
Wall Street Journal: Subway is exploring a sale
Subway, one of the world's most recognizable fast food brands, might be up for a sale, according to the Wall Street Journal.
Jan. 12, 2023 - CNN.com - RSS Channel - HP Hero - Top stories -
FTX identifies $5bn in liquid assets as it is cleared to explore some sales
Bankrupt crypto exchange is trying to find funds to pay creditors but is still unclear about amount of the shortfall
Jan. 11, 2023 - UK homepage - Business -
Britishvolt seeks lifeline with sale of majority stake
International pension fund leads consortium of buyers for battery manufacturer with more than £150mn injection
Jan. 9, 2023 - UK homepage - Business - United Kingdom -
Stowaway gecko survives 3,000-mile voyage from Egypt to Manchester in a box of strawberries
A globe-trotting gecko has accidentally made the trip from Egypt to England after hitching a ride in a container of strawberries.
Jan. 28, 2023 - CNN.com - RSS Channel - HP Hero - Top stories -
Google’s U.S. layoffs affect nearly 3,000 employees on both coasts, from data scientists to massage therapists
Jan. 26, 2023 - MarketWatch.com - Top Stories - Business -
Tesla adding 3,000 workers in expansion of Nevada plant
Tesla announced Tuesday that it plans to hire an additional 3,000 workers as part of a plant expansion in Nevada. The company said in a blog post that it will invest $3.6 billion to grow its plant with the new hires and two new
Jan. 25, 2023 - Just In | The Hill - Politics - Tesla -
Australian Man Takes 3,000-Mile Detour Because of a Flood
Few roads crisscross Western Australia, so when a single one is closed, there can be serious complications. Ask Chris English.
Jan. 20, 2023 - NYT > World News - World - Australia -
Dow Jones Newswires: BYD shares fall after Warren Buffett again cuts stake in Chinese EV maker
Shares of BYD Co., the Chinese rival to Tesla, fell Tuesday after Warren Buffett further trimmed his holding in the company.
Jan. 9, 2023 - MarketWatch.com - Top Stories - Business -
Egypt vows to cut military’s outsized role in economy under IMF bailout
Al-Sisi regime agrees to reforms over state ownership in the face of financial crisis
Jan. 10, 2023 - UK homepage - Business -
Egypt vows to cut military’s outsized role in economy under IMF bailout
Al-Sisi regime agrees to reforms over state ownership in the face of financial crisis
Jan. 10, 2023 - World - World -
Tesla cuts prices in the U.S. and Europe to stoke sales after lackluster year-end deliveries
Electric vehicle maker Tesla is cutting prices in the United States and throughout Europe again, according to listings on the company's website.
Jan. 13, 2023 - US Top News and Analysis - Business -
Messina Denaro’s arrest saps strength of the Sicilian Mafia
Capture of the last fugitive Cosa Nostra ‘godfather’ highlights the state’s progress against organised crime, experts say
Jan. 18, 2023 - World - World