SAP to Cut Up to 3,000 Jobs Worldwide, Mulls Qualtrics Sale

SAP to Cut Up to 3,000 Jobs Worldwide, Mulls Qualtrics Sale
The headquarters of German software maker SAP in Walldorf near Heidelberg, Germany, on Nov. 5, 2003. Michael Probst/AP Photo
The Associated Press
Updated:

BERLIN—SAP said Thursday that it is cutting up to 3,000 jobs worldwide, or about 2.5 percent 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, Amazon, Microsoft, and other tech giants in recent weeks.