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Friday, May 16, 2014

SAP is planning to cut jobs as company shifts to cloud computing



SAP AG (SAP), the German technology company is eliminating jobs across divisions as it seeks to move faster and deliver more of its products as online cloud-computing services instead of software that runs in customers’ data centers, said Jim Dever, a spokesman for SAP.

“This is a broad, company-wide effort to make SAP more effective,” Dever said in an e-mailed statement.

The cuts, which are under way, wouldn’t number ........more news @Bloomberg
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