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 absolutely essential to reduce costs further (again, meaning layoffs.) I wish they'll prove me wrong, but it's doubtful.
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What numbers were low? 2020 looked pretty good.
2020 Numbers are very low and the headcount reduction is starting at the top with Adaire and Alicia. Layoffs for the general workers will occur after you get your bonus in March. That’s usually the normal process based on previous layoffs. Just get your resume ready early on because the market is weak for new tech jobs.
So many leaders are leaving that attrition will take care of this.
No layoffs planned.