SAP Cuts 2020 Sales Outlook Citing Covid-19 Impact on Demand

I heard we are looking at another restructuring sometime soon, any truth to this?

Looks like SAP is continuing its same strategy under Christian as Bill. https://www.google.com/amp/s/techcrunch.com/2020/10/01/sap-continues-to-build-out-customer-experience-business-with-emarsys-acquisition/amp/ Didn’t they just sell Qualtrex... —  read more 

Thoughts?

https://www.google.com/amp/s/www.bloomberg.com/amp/news/articles/2020-05-27/sap-cloud-cfo-mcelhatton-leaves-for-zuora-amid-executive-exits

Abdul Razack to leave SAP. Part of the overhaul inside of SAP?

https://www.bloomberg.com/news/articles/2020-04-28/sap-said-in-talks-to-sell-digital-interconnect-unit-to-sinch

We were not all that surprised at the move to reduce CEO's to just one and have it be a German and even Hasso's comment that this action was taken "earlier than planned" confirms that the co ceo role was just another short term SAP experiment. ... —  read more 

https://www.theregister.co.uk/2020/04/21/sap_co_ceo_jennifer_morgan_departs/

Did Jennifer Morgan just got laid off?

How true is this news from Bloomberg? https://www.bloomberg.com/news/articles/2020-04-14/sap-is-said-to-explore-sale-of-mobile-network-software-unit

SAP Shocker: New Cloud Revenue 4.5X Larger than License Revenue Posted on April 13, 2020 by Bob Evans As the COVID-19 slowdown gutted traditional on-premises revenue for SAP in March, the world’s largest applications vendor reported that Q1... —  read more 

News from; https://news.sap.com/2020/04/sap-se-annual-general-meeting-of-shareholders-on-may-20-2020-to-be-held-as-a-virtual-event/ "In addition, SAP also announced that it has completed its share buyback program of approximately €1.5 billion in... —  read more 

Our pre-announcements are coming, SAP is the first in this Spring's earning season. Numbers are not grim but it ain't good either. IFRS Cloud Revenue Up 29% €2.01 billion €2.01 billion; Non-IFRS Cloud Revenue Up 27% €2.01 billion ... —  read more 

Usually they announce them in early April. Any word yet?

Things are looking quite bleak. Too bad you laid off the best and brilliant for short term gains. They may have saved you. It’s all over now.

What's our next step? What needs to be done?

Christian's integration message is a hope for our internal transformation and customers. Unlike Bill's era of rapid acquisition and vanilla tuck in, and then blaming the Germans product teams who have no budget to do developments and yet doing the... —  read more 

To Thwart a Troll, Take the High Road Truly, the only way to destroy a troll is to rise above the fray. Don’t stoop to their level – it’s exactly what they’re out to get you to do. Internet trolls want anger. They want big reactions. They... —  read more 

For the fourth quarter, Sap's profit after tax, on IFRS basis, dropped 9 percent to 1.69 billion euros from last year's 1.86 billion euros. Basic earnings per share dropped 8 percent to 1.41 euros from 1.54 euros last year.

Who cares, as long as the software works...uuuumm, well as long as 50% of the software works.

Create cloud Restrict access to partners Bad mouth partners at customers Extort customers for sap sevices only they can perform A perfect business model

How many work at the company? What is the overall employee count at Germany?

Just go a new job as CIO tasked with selecting an ERP provider. In good faith, I cannot recommend SAP knowing the current systems and future state first hand. Shame.

I got laidoff by SAP and they told me to sign the release document so I will get my severance. I signed it, returned it, and not a single penny for weeks. Should I open up a lawsuit? The office is in Vancouver and the HR rep is in Montreal. What a... —  read more 

Let me be very candid - I am doing very well after I left after SAP, similar to other ex colleagues who were booted out years ago. of course they don’t say they boot you out. They hire cheap managers from third world countries who deliberately rate... —  read more 

https://www.thelayoff.com/t/1255d460

my manager asked me to put together a list of people including Hire Date, Length of Service, Age, T-Level, Region, Country, Line of business, CC, and Total Comp. He told me its confidential and to only to send it to him. i have been in HR for 10... —  read more 

Rumours that the next round of chopping would begin. Any updates from folks around

they make SAP the best place for people like me to get paid hundreds of thousands and be popular. Without them I would have to actually work and my skills are non existent. Bless them, HR and intelligent enterprise analytics.

In both personal interactions and emails with myself and colleagues, Klein and Jennifer Morgan have been at pains to emphasize the 'customer first' message. What's missing is a crisp, time-stamped action plan. I cannot believe that after... —  read more 

Assuming Bill made 14mil and now they have co-ceos and claim equal pay for women. Does anyone know?

What a sign of trust in Hasso‘s own empire https://www.reuters.com/article/us-sap-chairman/sap-founder-and-chairman-sells-100-million-euro-stake-holding-now-6-2-idUSKBN1XU26M Given Hasso’s 6.2% stake in SAP its unjustified to suspect that ‚the r.t... —  read more 

I'm just wondering, will working at SAP forever be this stressful or is there a chance we will go back to good old times at some point when I didn't have to worry every single day if we'll be looking at more layoffs by the end of the week or... —  read more 

Have you heard anything about potential SAP Layoffs 2020? Any news or rumors?

https://www.brightworkresearch.com/sap/2019/10/sap-is-accused-of-witness-tampering-in-teradata-lawsuit/

See https://www.reuters.com/article/us-sap-investors/sap-to-cut-research-centers-in-drive-to-lift-margins-idUSKBN1XM2IA and form your own opinion.

Managers who do not respect diversity and hire their own kind, practice cronyism, should be laid off first. One is the reasons why SAP sank so badly is because managers are given so much powers, and they use it to solidify their own empires... —  read more 

SAP’s blotches in large accounts such as Lidl, Revlon, Deutsche Post DHL, National Grid USA, Israel Chemicals, Hershey, Queensland Health give many reasons to pause. Even the legal suits do not provide transparency to the situation. Does it really... —  read more