Not surprisingly a major focus of the company’s recent earnings webcast was AI. The phrase was used about 50 times during the presentation. That includes the company’s plan to change 9,000 to 10000 jobs with a majority affected by voluntary leaves and internal reskilling. Despite any losses, AP expects headcount at the end of 2024 will be “similar” to the level at the of 2023. Costs for the restructuring are expected to be roughly $3.3 billion. The company also reported after-tax profit of approximately $996 million, a 69 percent increase over a year ago. With the continued shift to the cloud, software license revenue dropped 27 percent from last year’s corresponding period. Cloud revenue itself was about $4.5 billion, an increase of 25 percent with Cloud Suite revenue reaching about $3.7 billion, up 33 percent. The Cloud Suite is comprised by SAP Hana, the SAP Business Technology Platform and core applications that. include payroll, HR and spend management.