Thread regarding SAP layoffs

What's behind Luka

I am in the Finance Board area and have been here for quite a few years, but not as long as Luka. He has been here a long time and was here when Werner was CFO and so we have enjoyed some stability. But without a good reason for his departure ( like another C level position in another company, given he is only 50) I am a bit concerned about what happens next. There already was a lot of stress inside the company, the stock has basically gone nowhere and remains flat for the last 12 months and I suspect investors are not happy with the lackluster performance and wonder if this is the cause of the departure?

I saw what happened for the short time Elliott was involved here and it was a blood bath. So a new CFO has a benchmark on how to cut costs real quick..... is anybody else concerned on what's coming?

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Post ID: @OP+1fVWA3PY

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Oh, there are many out dated programmers too hiding under “Service Innovation” department. They do nothing at all

Post ID: @gcew+1fVWA3PY

Having worked in SAP, I can tell you the company is flooded with deadwood. But it is less from the programmers, for they are still trying to keep the software alive in spite of management schizophrenic constant change of direction. It is from the Sales and Presales people in the field, who are just fake posturers most of the time. They do cr-p work, back stab one another, the worst get promoted to management and then rub each others back to keep their position, give each other awards and compliments. Any fresh blood or contenders not in their clique are ostracized and scrapgoated.

Post ID: @aqgw+1fVWA3PY

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