![Layoffs wave hits IBM, SAP; thousands of employees to be sacked](https://images.assettype.com/fortuneindia%2F2022-02%2F7ef334f2-0990-41ff-9b4d-29357600ee82%2Flayoff_MG_2534_copy_2.jpg?rect=0,145,3000,1500&w=300&q=95)
Layoffs wave hits IBM, SAP; thousands of employees to be sacked
The two companies plan to sack thousands of employees as a cost-cutting measure owing to the dwindling macroeconomic trends.
The two companies plan to sack thousands of employees as a cost-cutting measure owing to the dwindling macroeconomic trends.