SAP Chief Executive Officer Christian Klein said in a call with reporters that the job cuts were a strategic move and "not related to our business momentum
Prioritising employee wellbeing, creating a culture of belonging, and ensuring employees feel like their career goals can be met are also important drivers of intent to stay in India: Report
Qualtrics had filed for an initial public offering in the US and was planning to raise about $500 million. SAP CEO Bill McDermott preempted the IPO with an all-cash offer