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CFO of $320 billion software firm: AI will help us ‘afford to have less people’ but if we do it wrong, it will be a ‘catastrophe’
SAP’s C-suite admits that AI could significantly slash its 110,000-strong workforce—and its CFO says he 'will be brutal' in the process.
The company announced in July that it was investing in training programs and new hires in critical growth areas while as the same time planning targeted measures that are expected to affect approximately 1–2% of SAP’s global workforce in 2025. “As our industry undergoes a profound transformation driven by AI and cloud technologies, we are focusing on continuously optimizing our processes and structures, as well as making strategic investments in future capabilities,” a company spokesperson told Fortune. “It’s hard to know exactly where this nets out over time, but in the next few years, we expect that this will reduce our total corporate workforce as we get efficiency gains from using AI extensively across the company,” Jassy wrote in a June memo.
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