SAP announces restructuring, affecting 8K workers in AI push

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German software company SAP SE (SAP) announces a restructuring plan that will ultimately impact up to 8,000 workers' jobs as the developer pivots to artificial intelligence. SAP's stock moves higher by nearly 7% in Wednesday's pre-market. Yahoo Finance Live talks about employment narratives as more companies adopt AI and tech leaders implement a wave of layoffs in 2024. #youtube #stockmarket #yahoofinance About Yahoo Finance: Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life. - Get the latest news and data at finance.yahoo.com - Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO) - Follow Yahoo Finance on social: X: http://twitter.com/YahooFinance Instagram: https://www.instagram.com/yahoofinance/?hl=en TikTok: https://www.tiktok.com/@yahoofinance?lang=en Facebook: https://www.facebook.com/yahoofinance/ LinkedIn: https://www.linkedin.com/company/yahoo-finance

Published 2024-01-24 · Watch on YouTube ↗
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