SAP halts recruitment and travel to prioritize AI investment
SAP, the biggest tech company in Europe, put a freeze on new hiring and staff travel last month as a cost-cutting measure to fund artificial intelligence initiatives, as stated in an internal document. The firm is preparing to launch an AI tool across its entire organization, a move that is anticipated to drive up expenses significantly. These restrictions do not apply to roles or travel specifically tied to AI development.
by shortkt.com✓