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Sap Ceo Outlines Plans for 'over Proportional' Hiring in India

SAP CEO Outlines Plans for ‘Over Proportional’ Hiring in India

BENGALURU – SAP (NYSE: SAP), the business software maker, will hire “over proportionally” in India, which will soon house its biggest workforce, overtaking the headcount in its German headquarters, CEO Christian Klein said on Wednesday.

SAP Labs India currently has 15,000 employees, the most number of engineers for the company worldwide and the second-highest overall headcount. India is among SAP’s top 10 markets by revenue and its fastest-growing one, Klein said.

“We will over proportionally hire here [India] versus all the other labs,” Klein, who was in the southern Indian city of Bengaluru along with the company’s executive and supervisory boards, told reporters.

Klein said a majority of future investments into research and development (R&D) and customer success will go to India, but did not divulge specifics on hiring numbers or timelines.

SAP (NYSE: SAP) is building a second office in Bengaluru, with an additional capacity of 15,000 people.

Klein said SAP’s main team for its artificial intelligence (AI) strategy is located in India, with more leaders heading development teams based out of the country.

Addressing concerns regarding job losses due to generative AI (GenAI), Klein said SAP will continue to hire as long as the business is growing.

“As your business is growing 30% each year, you will also need more developers, not proportionally, under proportionally, but we have a growing business.”

(Source: Reuters)

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Mark Glenn
Mark Glenn is a financial journalist and breaking news reporter for ABBO News. Mark is known for his ability to deliver real-time news updates on market developments, mergers and acquisitions, corporate earnings reports, and regulatory changes, helping investors stay informed and make sound financial decisions.