Today – on the last day of their fiscal year – Sage announced a re-organization which included over 800 global staffing reductions which ” enable us to focus our investment and simplify our business in ways that will be transformative”.
According to the press release, 250 positions will be eliminated in the United States with another 200 eliminated in the UK and 370 eliminated internationally.
Sage has about 13,000 employees globally making the reduction approximately 6%. The company noted that they would be hiring for newly created positions though there is no indication of how many jobs that may add.
Products and marketing now appear to be even more tightly aligned on a global basis.
All Sage product teams are now under Chief Product Officer Walid Abu-Hadba. This means regional product teams become part of a united product organisation reporting to Walid, as part of Lee Perkins’ COO organisation.
Sage marketing teams now report to Chief Marketing Officer Cath Keers. Product marketing (in segment and in region) will also be joining the CMO organisation as part of this change, as will partner marketing and the Hub.
Read the full press release here.
