London, Jan 26 : Enterprise application software provider SAP on Thursday revealed it will lay off around 2.5 per cent of its global workforce, or 3,000 employees, amid the rough global macroeconomic conditions.

The layoff announcement came as the company said its cloud revenue was up 30 per cent to 3.39 billion euros in the fourth quarter (Q4) of 2022.  SAP S/4HANA cloud revenue further accelerated and was up 101 per cent to 0.66 billion euros.