Tag: Germany

Here you will find all the articles with the tag: Germany.

‘SAP plans to slash 3000 jobs as it looks to sell Qualtrics’

‘SAP plans to slash 3000 jobs as it looks to sell Qualtrics’

The software giant is the latest big tech player to announce major job cuts in 2023. German software vendor SAP announced it plans to cut 3,000 jobs, or 2.5 percent of its global workforce, according to reporting by Reuters. The company also told reporters that it plans to explore the sale of it... Read more

date14 days ago
German competition office initiates proceeding against PayPal

German competition office initiates proceeding against PayPal

The German Federal Cartel Office (FCO) announced that it has initiated a proceeding against PayPal Europe on account of practices possibly suppressing competitors and restricting price competition. Specifically, the proceeding deals with PayPal’s 'rules about surcharging' and the “presentati... Read more

date16 days ago
‘TSMC considers Germany for its first European chip plant’

‘TSMC considers Germany for its first European chip plant’

TSMC is considering the construction of its first European chip manufacturing factory, which bodes well for the prospective host country, Germany. TSMC CEO Wei stated that the business is engaging with European customers and partners to examine the prospect of developing a fabrication site durin... Read more

date24 days ago
Visma enters German software market

Visma enters German software market

Visma took its first steps into the German market with the acquisitions of software companies H&H and BuchhaltungsButler. Visma is the parent company of more than 170 organizations in Europe and South America. The group specializes in business software, including ERP solutions for accounting... Read more

date27 days ago
Infineon CEO says they are ready to spend billions on acquisitions

Infineon CEO says they are ready to spend billions on acquisitions

The company's chief executive says they have targeted several areas for expansion. German chipmaker Infineon is ready to spend several billion euros on the right takeover target, according to a report in Reuters. In speaking with the Frankfurter Allgemeiner Zeitung (FAZ), Infineon's chief execut... Read more

date1 month ago
Germany declines to issue broad ban on Huawei

Germany declines to issue broad ban on Huawei

Olaf Scholz's government resists US pressure to completely ban all products from the Chinese company. This week, Reuters reported that Germany does not want to follow the United States in generally banning products made by Chinese telecom equipment makers such as Huawei. Instead, a German Econom... Read more

date2 months ago
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