Thread regarding SAP layoffs

On the same week in May 2017 when 3000 SAP employees were retrenched, SAP chairman defends executive pay system

https://www.reuters.com/article/us-sap-agm/sap-chairman-defends-executive-pay-system-idUSKBN18615N

WE SHALL NEVER FORGIVE NOR FORGET. SCREW C—EYED BILL. SCREW HARS-HOLE. SCREW SAP.

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“Our executive payment must be seen in comparison with other software companies and must be competitive,” SAP’s co-founder and supervisory board Chairman Hasso Plattner told the company’s annual shareholders’ meeting. “We think we have a reasonable system,” he added.
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To add insult to injury, the 2017 exercise was whitewashed by SAP when it announced retrenchments in early 2019:

https://www.sap.com/docs/download/investors/2018/sap-2018-q4-statement.pdf

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In 2019, SAP will further increase focus on its key strategic growth areas. For the first time since 2015, SAP will execute a company-wide restructuring program to further simplify company structures and processes and to ensure its organizational setup, skills set and resource
allocation continue to meet evolving customer demand.
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SCREW SAP! STOP LYING TO YOUR CUSTOMERS ABOUT THE PIECE OF Sh– THAT IS S4HANA!

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Post ID: @OP+11tONtR3

10 replies (most recent on top)

McDermott was essentially laid off. All the fuss in the press is simply lipstick on the pig: McDermotts monolithic acquisition-focussed strategy had failed left, right and center. User Groups were finally going ballistic. Hasso pulled the plug.
What is nearly unbelievable is that a CEO can leave mid-contract (get big severance pay) and hire with one of the fiercest competitors next day. SAPs Cx efforts will suffer big way.

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Post ID: @irix+11tONtR3

This is amazing. They gave Bill such a beautiful farewell, he is a salesman that talks and buys new companies with the money he is given. How about giving credit to all the field who were not “eating pretzels in front of TV”, they were the ones who build SAP from scratch, organically, from R/2 to R/3 to ECC to S/4. If they were ever “eating pretzels”, it is because they were not given budget to innovate and build. The budget was given to Bill.

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Post ID: @irvo+11tONtR3

it is many big MNC style before they lay you off, to dig some dirt or find fault with your performance

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Post ID: @hppc+11tONtR3

I wish that SAP leaders do not de-humanise our employees with remarks like “rather eat pretzels in front of TV than innovate”.

If they can make a beautiful PR about why Bill left, surely they are able to thank the employees they want to lay-off, the employees who are of the “wrong” cost category, “wrong” geography or “wrong” age.

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Post ID: @hovo+11tONtR3

I agree with @11tONtR3-5sia

If the company does not want to invest in retraining older workers (who contributed to the golden ERP age and huge share price increase) and it is a business need to shift to lower cost workers, than at least respect the workers, thank them for their years of effort and toil, salute them for their contribution giving their best years in their life, instead of finding faults with them. They deserve as much respect or even more respect than the Millennials who walk in and expect an exciting role and promotions.

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Post ID: @hyjg+11tONtR3

@11tONtR3-5sia FYI, it happened to me 2 times as I was in these companies that are listed. I have seen entire buldings with several floors being totally vacated by thousands of people and left empty

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Post ID: @5ugr+11tONtR3

@11tONtR3-5ggb, @11tONtR3-5big Unfortunately, I think you're missing the point. When its your job that is impacted, you don't really find comfort in numbers. To post those numbers really don't help keep things in perspective, but essentially blur the whole picture. One job is a problem, because its one livelihood, one family, etc. There is this perception that people getting impacted are "dead wood." That is, likely, something not necessarily countered in the rumor mill by SAP HR and leadership... call them "dead wood" and deflect from the reality that some people getting impacted are still high performers who contribute day in day out, impacted simply because of their pay grade, age, or location. Its much easier to dispose of a 50 something in the US than it is in Germany. So, understood — companies lay people off, its a fact of life. But if it were to happen to you, you'd find no solace in the numbers you've shared. Sorry.

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Post ID: @5sia+11tONtR3

here is another set of numbers: https://www.washingtonpost.com/news/on-leadership/wp/2015/01/28/the-biggest-mass-layoffs-of-the-past-two-decades/

Jul-93 IBM Computer 60,000
Nov-08 Citigroup Financial 50,000
Jan-93 Sears Roebuck & Co. Retail 50,000
Sep-11 United States Army Government 50,000
Feb-09 General Motors Automotive 47,000
Jan-96 AT&T Telecommunications 40,000
Dec-05 United States Air Force Government 40,000
Jan-02 Ford Motor Co. Automotive 35,000
Jan-03 Kmart Corp. Retail 35,000
Jan-09 Circuit City Stores Retail 34,000
Sep-01 Boeing Co. Aerospace/Defense 31,000
Sep-11 Bank of America Financial 30,000
Mar-10 United States Postal Service Government 30,000
Aug-09 United States Postal Service Government 30,000
Jan-02 United States Postal Service Government 30,000
Dec-98 Boeing Co. Aerospace/Defense 28,000
May-12 Hewlett Packard Co. Computer 27,000
Jan-01 Daimler Chrysler Automotive 26,000
Apr-03 Alameda School District Government 25,000
Jun-05 General Motors Corp. Automotive 25,000
Dec-08 Merrill Lynch (Bank of America Merger) Financial 25,000
Sep-08 Hewlett-Packard (EDS) Computer 24,600
Aug-01 Lucent Technologies Telecommunications 24,428
Jan-06 Ford Motor Company Automotive 23,200
Aug-02 Ames Department Stores Retail 22,000
Mar-02 Kmart Corporation Retail 22,000
Jun-05 Winn-Dixie Retail 22,000
Jan-09 Caterpillar Industrial Goods 20,000
Jan-09 Pfizer (Wyeth) Pharmaceutical 19,425

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Post ID: @5ggb+11tONtR3

To keep things in perspective: The 12 biggest corporate layoffs since 2000 in the US

source: https://moneywise.com/a/the-biggest-layoffs-of-the-century

  1. Citi 50,000
  2. GM 47,000
  3. Verizon Wireless 44,000
  4. Kmart 35,000
  5. Ford 35,000
  6. Circuit City 34,000
  7. Boeing 31,000
  8. Hewlett Packard (2015) 30,000
  9. Bank of America 30,000
  10. Toys R Us 30,000
  11. Hewlett Packard (2012) 27,000

note: Between 2002 and 2015, HP shed more than 120,000 jobs.

  1. Wells Fargo 26,500
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Post ID: @5big+11tONtR3

I come here to see if there are any new rumours about possible layoffs. Not to read the rants of semi-literates with axes to grind.

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Post ID: @4ivy+11tONtR3

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