Money IBM and SAP become latest tech companies to lay off thousands of workers January 26, 2023Camille Fine and Natalie Neysa Alund, USA TODAYComments Off on IBM and SAP become latest tech companies to lay off thousands of workers IBM and SAP have joined other tech giants cutting thousands of jobs. IBM is cutting 1.5% of its global workforce, while SAP is downsizing by 2.5%.