Europe's biggest software company SAP pauses travel and hiring over AI costs
SAP, Europe's largest tech firm, has halted most travel and hiring. This move supports significant investments in artificial intelligence products and adoption. Only AI-related hiring and essential customer-facing travel are exempt from these new controls. Other companies are also reassessing their AI spending due to rising costs. SAP aims to prioritize spending on future-proofing its enterprise…
European technology giant SAP has halted employee travel and hiring as part of measures aimed at controlling the costs of its expanding artificial intelligence (AI) investments. In an internal email obtained by 404 Media, SAP stated that it is being disciplined in its spending while continuing to invest heavily in AI. The email detailed that only AI-related hiring, customer-facing travel, and trips directly related to AI development or critical AI training will be exempt from the restrictions.
The company has expanded its AI capabilities through strategic acquisitions, product updates, and AI-powered services. SAP's cost-control measures apply to most internal business trips, with customer-facing trips and AI-related travel allowed to continue.
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