SAP has ruled out making further job cuts in the short-term,
revealing that the measures it has already taken to reduce
headcount and trim costs have produced the desired results.
Speaking to analysts on a conference call, the CEO and CFO at
the enterprise software firm were quizzed about plans for the
second half of SAP's fiscal year following its announcement of
half-year figures this morning.
"The current plan we have remains. The actions we have taken
have got results and there should be no expectations of additional
programmes, except if the economy has a major downturn again, which
we do not expect," said Leo Apotheker, CEO at SAP.
"For the year our run rate and costs can be reduced by €600
compared to 2008."
SAP CFO Werner Brandt said that although the company had been
tight with costs, it would not relax its attitude. "There has been
a change in spending behaviour and we will continually look to
become more efficient and we will continue to look for efficiency
going forward," he said.
He added that SAP was still not recruiting for new positions but
if a member of staff left then it would replace them - but it would
"not be a proactive addition to the headcount".
A version of this story originally appeared onMicroScope.co.uk
.