Software Giant SAP Stops Most Travel and Hiring Because of AI's Soaring Cost
SAP says it needs to “be disciplined in how we spend.” That includes still freezing hires and travel. Unless it's to do with AI, of course.
Summary
SAP is tightening its budget by freezing most hiring and travel, focusing resources primarily on AI initiatives. This shift highlights the company’s strategy to prioritize investments in artificial intelligence amid rising costs.
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