Friday, 24 March, 2023

SAP Labs Lays Off 300 Staffers in India Amidst Restructuring

<p>SAP Labs has laid off 300 employees in India as part of a restructuring plan. The affected employees were primarily from the engineering and research and development departments. The move is aimed at streamlining operations and improving efficiency. SAP Labs has stated that it will continue to hire and invest in India, which is a key market for the company.&nbsp;This has come at a time when the Indian IT industry is facing challenges&nbsp;due to the pandemic and changing business model.</p>