SAP freezes hiring and travel to shovel cash into AI

The Next Web
By Alina Maria StanJul 3, 2026, 10:14 am85 ptsTrending
Europe’s biggest software company is tightening its belt to chase artificial intelligence. SAP is freezing most hiring and pausing non-essential travel, all to free up cash for its AI push. The plan landed in an internal email to staff on Wednesday evening. Bloomberg saw the memo, and SAP confirmed the move…

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