SAP culls 3,000 jobs from CRM business and its results weren't even that bad
'Targeted restructuring' could have been worse, analyst points out
Software
26 Jan 2023 | 4
SAP today reported preliminary results for 2020, showing the German enterprise software vendor serving up flat revenue and slightly improving profits, along with a worryingly notable drop in licence sales. For the full year ending December 31, total revenue was down 1 per cent year-on-year year to €27.34bn. Within that, cloud …