Thread regarding SAP layoffs

Departure or not, SAP is still the land of the CFO's

Do not worry, even though Luka will be departing, we have many, many, more CFO's throughout the organization to keep the title ever present. Seems that any team who wants to find a place for a jolly friend, creates a new spot called "the CFO of ....." and abracadabra we have another CFO.

Never have seen a company with so many people walking around with a CFO title. Overpaid, under skilled and unaccountable. A ridiculous overlap but this reflects the immaturity of the organization and lack of oversight and corporate governance from the Top and don't forget many of these CFO folks have assistants and supporting casts to make matters even worse.

Just a small example of this type of out of control excess that will lead to employee layoff's to address the operating margins and ironically it will be the CFO's who attempt to fix this !!!

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Post ID: @OP+1gdpFvDa

12 replies (most recent on top)

'I even know someone who was a sales executive, didn’t meet the target but got promoted quickly to sales manager before the second quarter is up. And now she is a country manager. A joke and a reflection of how corrupt SAP is.'

She must be pretty or achieved something else...

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Post ID: @Cvfv+1gdpFvDa

I know of one guy who is an individual contributor, he calls himself a 'CTO', if you dig a little deeper he is in a presales team, he earns less than some Senior Presales consultants...
Some call themselves VPs and Global VPs, they have NO team nor do they have any influence, just alot of EGO

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Post ID: @Czim+1gdpFvDa

@OP+1gdpFvDa

as you rightly said, it’s a lot of “friendly connections”, even the admin assistants and supporting casts tend to be the wives or relations or someone in the company. Keeping it tight

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Post ID: @fyug+1gdpFvDa

I even know someone who was a sales executive, didn’t meet target but got promoted quickly to sales manager before the second quarter is up. And now she is a country manager. A joke and a reflection of how corrupt SAP is.

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Post ID: @fphv+1gdpFvDa

Do not worry about the CFO's, or CFO's.

The better ones are those who hang "Global" on their title. Such as "Global" Vice President of this or that. We have such one on my team, one day they just started to call themselves "Global" VP. No announcement from management about such a new title or role.... great that we have a company who allows people to indulge themselves in self platitudes and always looking to impress the others.

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Post ID: @9ozt+1gdpFvDa

Long live the CFO's and COO 's of SAP!! The bus is full and what a grand ride it has been!! Hats off to every one of you!!

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Post ID: @8oud+1gdpFvDa

In my region we actually have CFO reporting to CFO, no joke, it's absolutely true !!!.    SAP turned these titles into a corporate embarrassment.   It's like,  here's a new job and you can pick any title you want.

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Post ID: @6kae+1gdpFvDa

It is most amazing. Every other person is a “Head of “ or “CXO” or “VP” of a product area / product / region / country. Whatever happened to the conservative German culture? Come to think about it, there is not much German culture anymore, since the employees are all over Example, from Hungary, India, Russia, India, China, India, Poland, India, Brazil, India

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Post ID: @5qxd+1gdpFvDa

couldn't agree more. the use of C level titles in this company is a complete joke. I have to keep myself from laughing when I get in a meeting or call and go through introductions and hear people trying to impress the others with some ridiculous C title of some insignificant team. would be most interested to have a report from HR on how many people have such a title. who know maybe next is we have multiple CEO of every kind throughout the organization!!

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Post ID: @3oyb+1gdpFvDa

@2zal+1gdpFvDa. How do you know if someone is overpaid? Do you know their salaries? If so, how? Or is that just an assumption on your part.

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Post ID: @2yyj+1gdpFvDa

Agreed, I see many teams, organizations, functions that have somebody with the title of CFO.

The same applies and even more so with the "COO" title. Even very small teams have somebody using the COO Title.

It isn't just a matter of lack of organizational structure that leads to this random use of titles meant only to impress others. But equally important it is a lack of clear and consistent roles and responsibilities across the organization for such positions that then leads to overpaid individuals having responsibilities well below what customarily would be associated with such titles.

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Post ID: @2zal+1gdpFvDa

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