SAP is reducing hiring and discretionary spending as "precautionary measures" amid the pandemic, a spokesperson told Business Insider.
The $141 billion German software giant "will continue to hire carefully selected people into roles that will rapidly contribute to our competitive edge," the spokesperson said, which it said include in "essential areas" such as innovation, and research and development. SAP is the latest large enterprise technology company to change its approaches to hiring amid the pandemic. Microsoft, for example, early last month confirmed it has
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