Globes reported today that SAP’s recent announcement that it was cutting 6% of its global workforce (3,000 jobs) would likely include some layoffs to its Israel division.
Despite its reaching €3.5 billion revenue for the fourth quarter in 2008, SAP’s software sales were down 7%. According to Globes,
SAP co-CEO Leo Apotheker said, “The cost containment measures will allow us to adapt to the tough market conditions and ensure the long term competitiveness of the company. We expect 2009 to be a year of limited visibility, making it increasingly difficult to project sales in this environment.”
Currently based in Ra’anana, SAP has had a presence in Israel since 1998 and has over 900 employees. According to the Israel R&D site, Matimop, the Israel division of SAP focuses on the following four areas: SAP Netweaver (BPM), SAP Business One (Small business solutions), supply chain execution, SAP Master Data Management (MDM).
The article also reports that despite looming layoffs, the company is hiring sales people. Here is a video example of Business One in action.
