Europe’s largest software maker, German-based SAP, on Monday reported a significant increase in earnings for the third quarter, despite ongoing economic challenges in various regions. In the period from July to September, SAP’s earnings before interest and taxes (EBIT), adjusted for special items, surged by 27% year-on-year to €2.24 billion ($2.42 billion). The growth is partly attributed to the company’s job cuts, which have positively impacted earnings. Meanwhile, progress on planned new hires has been slower than anticipated. The company’s chief executive officer Christian Klein is now sett…