Shares of German software company SAP jumped Wedne
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Posted On: 01/24/2024 5:39:55 AM
Shares of German software company SAP jumped Wednesday after it released its quarterly and full-year results and announced plans to restructure 8,000 jobs in its push toward artificial intelligence.
Chief Financial Officer Dominik Asam told CNBC that the move is part of the company’s aims to “fully capitalize on the opportunity” on the next wave of fast-moving technology.
SAP shares were trading up by 8:15 a.m. London time.
Chief Financial Officer Dominik Asam told CNBC that the move is part of the company’s aims to “fully capitalize on the opportunity” on the next wave of fast-moving technology.
SAP shares were trading up by 8:15 a.m. London time.
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