Financial Times FT.com

SAP to cut 3,000 staff amid gloomy outlook

By Gerrit Wiesmann in Frankfurt

Published: January 28 2009 09:37 | Last updated: January 28 2009 09:37

SAP, the world’s largest maker of software used by businesses, on Wednesday said it would cut 3,000 staff, nearly 6 per cent of its workforce, as it expects revenues to fall this year from software sales, web services and maintenance software.

Léo Apotheker, co-chief executive, said the first job cuts in the German company’s history were a result of the “very exceptional” economic crisis.

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