https://www.cnbc.com/2023/01/26/sap-to-cut-3000-roles-explore-sale-of-qualtrics-stake.html
What does the redundancy package look like
Any idea what the redundancy package looks like, the silence here is very concerning. Will they give people enough to make it back into a job in a tough market? What was it last year
Many of us would like to be laid off
This has become such a poorly run company. Maybe it's high time that our leadership pays some attention to the fact that there are so many employees who would like to be laid off. Isn't it worrisome that most people assume that the best employees... — read more
Does anyone know how layoffs work at SAP?
With the recent announcement, I'm curious to know how layoffs work at SAP? Do managers provide a list? Have managers already been asked to provide a list? Is it somewhat random?
28 positions in spain and 200 in germany
some numbers are being leaked with 28 positions to be gone in Spain. 200 in Germany but the agreement with WC to find alternative positions. it seems that CX is highly affected - anyone else knows anything
Why can't we volunteer?
I'll never understand why they don't let us volunteer before layoffs. Every single time we lose people who want to and need to be here and people who are praying to be laid off and get severance are the ones who stay behind. Wouldn't it be better for... — read more
Never Again is Now Global - Connect the dots to Digital Health
A Five-Part Series by Vera Sharav https://live.childrenshealthdefense.org/chd-tv/events/never-again-is-now-global/
Lay offs at SAP shared service centers in cheaper locations
Any of you heard rumours the impact will affect those too, ie India, Eastern Europa, Southeast Asia ? Those locations were mainly spared from the layoffs in 2019 but we just got today a email hinting about it.
Boy was I fooled, for a minute I was beleiving all the SAP hype about how we act as one team, But it's really just about winners and losers
How inspiring it is to walk the hallways of my SAP building and read the placards placed all around. . Here's a sample of some of them , "All for one and one for all", and " We are the SAP Team" and this was one of the best, "The way to... — read more
Were you laid off? WARN Act
The WARN Act requires an employer to notify employees, in writing, 60 days before a layoff, and pay the employee for those 60 days, in addition to any severance the employee may be entitled to. Unfortunately, some employers attempt to circumvent the... — read more
CK and the Moonshine Band … What is the companies core products?
SAP, according to Gartner, has been a cloud ERP laggard for several years. Without addressing client independent config and development (don’t get me going on BTP and integration frameworks) it is hard to see how we close the gap. The product... — read more
SuccessFactors
This is an extract from the SuccessFactors annual report for 2011. The company was acquired by SAP in Dec 2011 We have a history of losses and we may not achieve or sustain profitability in the future. We have incurred losses in each fiscal period... — read more
Qualtrics
A lot of money was spent on this bad acquisition. I wonder what's next to sell?
Christian Klein skis in jeans
How did this once great company become lead by the Tommy Boy of tech? Circle the German wagons while we run the ship aground! Hey did you see CK’s ski video? Before you pay an Olympian to ski with you best to get your grades up! What a clown. — read more
Who's counting...?
I checked in our corporate portal to see if I could find out who was the global bean counter who would ring the bell once we go to 3000 layoffs, but alas I couldn't find out who it was. Fact us that none of us has any clue how many will really be... — read more
Were you laid off? WARN Act
The WARN Act requires an employer to notify employees, in writing, 60 days before a layoff, and pay the employee for those 60 days, in addition to any severance the employee may be entitled to. Unfortunately, some employers attempt to circumvent the... — read more
Germany call
What happened in the germany call after all hands... odd this was not shared with us all ? Thanks
I wonder when we'll know more
It would be a kind gesture to let us know as soon as possible who will be impacted. There is no need for all of us to agonize over being cut for weeks or maybe even months. But that would require our leaders to care about us at least a little bit... — read more
I am afraid that the number of impacted will be much higher
I hope that the final number of people who will be impacted by these layoffs will not exceed 3,000, although I doubt it. I think the percentage of the workforce that will be laid off will be more than 2.5% but that's just my opinion. I wish someone... — read more
2.5% layoff
In 2023, SAP will conduct a targeted restructuring program in selected areas of the company. The purpose is to further focus on strategic growth areas by aligning our operating models and go-to-market approach with our accelerated cloud... — read more
Healthy cycle of Tech Layoffs - Bullish
Tech companies take advantage of recessions to optimize headcount and remove low performing human capital and low performing product lines. It is a very healthy process and companies rise from the recession much stronger. Its very bullish for SAP... — read more
Always good to get the second opinion...Q4 results
Second Opinions always good... see what Zacks says about fourth quarter results,https://finance.yahoo.com/news/sap-set-report-q4-earnings-135101357.html Summary is follows: (i) Revenue about 8.23 Billion = equals a DECLINE of almost 10% YOY ... — read more
Dear Prophets of Doom, take note: "SAP Expected to Post Solid 4Q Results -- Earnings Preview"
https://www.marketwatch.com/story/sap-expected-to-post-solid-4q-results-earnings-preview-271674550963
More Layoffs at Microsoft
Microsoft to Cut Engineering Jobs This Week as Layoffs Go Deeper Microsoft Corp. (MSFT) plans to cut jobs in a number of engineering divisions on Wednesday, according to a person familiar with the matter, joining the ranks of technology giants that... — read more
Losing competitive advantage
There will be no VERP for ppl who joined in 2022-2023. Lay off on horizon, Oracle replaced SAP in both revenue and new customers in ERP to be Nr.1. They have wide range of solution from Strong ERP solution portfolio, Public Hyperscaler services to... — read more
SAP Layoffs 2023
If the market makes a turn soon, do you think there will be SAP layoffs? Any chatter, news or rumors?
So many slackers
It is unbelievable how many lazy people this company employs who hardly do anything. I wouldn't care about that at all if those same slackers weren't valued more than hard working people. My impression is that the least productive ones here are... — read more
Layoff in SAP
Hi, I have joined SAP 5 months ago in Singapore office, I am really worried about layoff and it's impact.. Any one has any ideas
Do you expect layoffs soon and who will be affected?
What do you predict?
I'm surprised things are so quiet here
Especially considering everything that has happened lately.
What's going on?
Are layoffs coming or not?
A layoff decoy ? SAP Stock Buyback, what's it really all about and what does it signal ?
As most of us are already aware, SAP is currently buying back EUR 500M in Stock thru to Dec 31, 2022. This comes behind a buyback of about EUR 1 Billion in the first half of 2022 and the repurchase of about EUR1.5 billion in 2020. That's a... — read more
RIF happening now in NA
Seems a RIF has started in August 2022. So far North America CS COO teams. More to come? What teams are being impacted and how many?
Market Cap
3 years since I was laid off in the 2019 restructuring. Since then SAP's Market Cap and Stock Price has lost about 30% of its value. My salary has increased 50%. I have outperformed SAP by 80%.
SAP acquisitions and market cap / stock price
SAP has made more than 70 acquisitions. How much have these contributed to shareholder value and share price? Litmus was sold today - how much was recovered from the $2.5B Callidus purchase? Can the company return to growth without aggressively... — read more
Taking a stand
https://finance.yahoo.com/news/salesforce-shuts-hong-kong-office-175759369.html A serious move by one of our main competitors, Salesforce. SAP should also consider shutting down offices in countries who do not share values ( whether they be... — read more
I think everyone expects some layoffs this year
One school of thought is that SAP will have minor layoffs in Q3, especially if the performance results do not look good. The hope would be that there is some improvement in Q3 - good enough to buy some time to turn profitable by Q4. If it turns... — read more
What really happened to Paoni?
Does anyone know why DJ Paoni really left SAP? The note about his leaving said he was "retiring" from SAP. I guess anything is possible, but he is 49 or 50 years old and he is retiring? Maybe so? I guess we will find out soon enough. If he... — read more
Do you think we'll have layoffs similar to Oracle?
What to expect?