Software maker SAP has announced it will cut 3,000 jobs of its 51,530 total headcount. The job cuts are expected to save the company $460 million annually. SAP has over 76,000 customers. SAP has also just released strong Q4 earnings. Q4 Highlights: Non-GAAP Operating Income Increased 24% at Constant Currencies - Non-GAAP Operating Margin Grew by 1.1 Percentage Points at Constant Currencies - Non-GAAP Earnings Per Share Increased 16% - Company Expects a Continued Challenging Environment in 2009





