Por: MarketWatch Business January 26, 2023
Along with reporting earnings, SAP said Tuesday it has retained Morgan Stanley as a financial advisor on the potential sale of the position. SAP acquired Qualtrics for $8 billion in cash in 2019; the current market cap is $6.6 billion. Qualtrics shares surged 29% on Thursday to $14.62. In an interview with Barron’s, SAP CFO Luka Mucic noted that SAP owns about 70% of Qualtrics, or 61% on a fully diluted basis. Mucic said SAP’s control... + full article
Forbes USA Life February 03, 2023
Solange Azagury-PartridgeSolange Ltd. British designer is known for her wonderfully imaginative jewelry. Thoughtful and fun, her pieces perfectly encapsulate British eccentricity and style. Cue her enamel lips, scribbled-inspired collection, and fanciful kinetic pieces such as... + más
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Fox Business USA Business January 27, 2023
Check out what's clicking on FoxBusiness.com Tech giants IBM and SAP joined the ranks of large companies laying off significant numbers of workers, as both announced that they will be laying off thousands of employees. SAP announced the cuts on Thursday. The German-based... + más
SAP reducing headcount by up to 3,000 | Fox Business
IBM tops revenue estimates, says it will cut 3,900 jobs | CNBC
Former Council of Economic Advisers Chairman Kevin Hassett reacts to some Big Tech giants slashing jobs, telling 'Cavuto: Coast to Coast' that data indicates the economy is heading toward a recession. SAP will slash its headcount by roughly 2.5%, the Germany-based... + más
SAP to cut 3,000 roles, explore sale of Qualtrics stake | CNBC
Qualtrics Stock Soars as SAP Seeks to Exit Majority Stake | MarketWatch
ABC News USA Business January 26, 2023
BERLIN -- SAP said Thursday that it is cutting up to 3,000 jobs worldwide, or about 2.5% of its workforce, after a sharp drop in profits at Europe’s biggest software company.It comes amid a broader wave of job cuts in the technology industry, including mass layoffs at Google,... + más
MarketWatch USA Business January 26, 2023
“While we know these changes are necessary, it is never easy to make decisions that affect our colleagues in this way,” Chief Executive Christian Klein said on the company’s earnings call, according to a transcript provided by Sentieo. On the company’s investor site,... + más
CNBC USA Tech January 26, 2023
In this articlewatch nowVIDEO3:1003:10The business environment is not getting easier in the short-term, says SAP CFOGerman enterprise software firm said Thursday that it will be cutting up to 3,000 jobs, or about 2.5% of its workforce, becoming the latest tech giant to announce... + más
Forbes USA Tech November 16, 2022
Construction worker wearing harness on scaffolding at construction site, City of London, UK. (Photo ... [+] by Damian Gillie/Construction Photography/Avalon/Getty Images)Getty Images Software is scarce. To be clearer, there is a relative global scarcity of software application... + más
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