SAP (SAPG.DE) said on Thursday it planned to cut 3,000 jobs, or 2.5% of its global workforce, and explore the sale of its remaining stake in Qualtrics, as the Germany software company looks to cut costs and focus on its cloud business.
Google axing 12,000 jobs
Google is laying off 12,000 workers, becoming the latest tech company to trim staff after rapid expansions during the Covid-19 pandemic have worn off.
US employers add 528,000 jobs, unemployment falls to 3.5%
Defying anxiety about a possible recession and raging inflation, America’s employers added a stunning 528,000 jobs last month, restoring all the jobs lost in the coronavirus recession.