So, SAP will release results for the fourth quarter of 2020 and 2020 year-end results on January 29 and I think we should all prepare for the worst (meaning layoffs.) Whatever the results show, I'm positive they'll find some reason why it is... — read more
Topics regarding layoffs at SAP
SAP is like watching a Borat movie. Sacha Noam Baron Cohen should dress up like Hasso in his next film.
Winter is coming - for sure. The overpaid 20x revenue Qualtrics acquisition and then 18 month later spin-off caused a huge loss. Revenue and margin targets were severely adjusted negatively and the market didn't buy it after the Q3 earning call... — read more
They should have laid off the Union Protected Germans instead of the Americans who actually generated revenue. Stock down 33%. 50 BILLION lost in value. ServiceNow taking market share... — read more
How likely is that there will be SAP Layoffs 2021? Any news or rumors?
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
Abdul Razack to leave SAP. Part of the overhaul inside of SAP?
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
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
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