According to The Economic Times, SAP Labs, the research and development business unit of German technology firm SAP, has laid off around 300 employees in India.
These layoffs mainly affected the offices in Bengaluru and Gurugram. According to the report, this occurred due to the closing of a global delivery centre that housed roles of custom development for SAP implementation projects.
Those affected received severance packages that included salaries based on the years they had served for the company.
SAP Labs India has offices in Hyderabad, Pune, and Mumbai, besides Bengaluru and Gurugram.
In January, Kulmeet Bawa, Managing Director and President of India subcontinent for SAP, told The Economic Times that India’s contribution to SAP’s cloud revenues in the Asia Pacific and Japan region had doubled in the last two years and that it remained the top market in the region for the German technology company.
