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.
But the timing is really interesting in that only two weeks ago Jen Morgan was on the financial talking heads shows informing that there would not be any "significant" (whatever that means) layoffs in Q2 and now wonder if this comment was approved by the Elliott team(?), in any case, this statement is now off the table.
For those of use who have been at SAP for many years, we are all too familiar with these continuous, never ending and ineffective reorganizations which have always been just experiments with no accountability and take place one after the other up and down the company and completely stymie the organization and destroy strategic vision and execution. Just at the time when we need stability the most, we get the same old SAP - which isn't going to cut it for the drastic times ahead.