From one tech giant proposing a hiring spree to another sending out a warning to the entire CRM industry, here are extracts from some of this week’s most popular news stories.
SAP Plans to Hire “Several Thousand” Employees Before Year-End
Dominik Asam, CFO at SAP, has revealed the tech giant’s plans to recruit “several thousand” people.
The CFO shared the news in response to an analyst question during SAP’s latest earnings call.
The analyst pressed Asam on SAP’s plans to increase its spending in late 2025 and how fast it plans to hire.
In response, Asam stated:
I don’t want to be precise now on how many headcount exactly, but we are talking about several thousands of headcount we would still embark.
However, while SAP accelerates its hiring, the company warned of a “reskilling component”.
As such, some of those “hires” will likely be attributed to moving existing employees from one job to another.
SAP did something similar last year, with only 3,000 employees reportedly leaving the company, despite the tech giant eliminating 10,000 roles (Read more...).
ServiceNow Dismisses Concerns Over Its Moveworks Acquisition, Fires a Warning to the CRM Industry
ServiceNow has poured cold water over concerns that its Moveworks acquisition might be in danger.
Bloomberg ignited the speculation last week, reporting that the deal faces an “in-depth” antitrust review.
Citing “sources familiar with the matter”, the publication also noted how the US Justice Department had sent a “second request” for additional information from both parties.
ServiceNow and Moveworks must complete this extra step before the acquisition can proceed.
Yet, Gina Mastantuono, President & CFO at ServiceNow, shrugged off concerns that this escalation could endanger the deal.
During the company’s latest earnings call, she said:
We’re not worried about Moveworks closing. It is, from our perspective, a timing issue.
The takeover, first announced in March, will cost ServiceNow $2.85BN, making it the largest roll-up in the company’s history (Read more...).




