Things have been sour for a while now. Failed acquisitions, misguided moves in cloud, mobile, etc. If you think this round of cuts is a big deal, open your eyes and reflect - lay off Kool-Aid for a moment and think about what happened in 2015 (big cut), 2017 (big cut) and 2018 (small cut). When you tally things up you are probably looking at 10K people axed, but they do not advertise this and this was the first time they were very open about cuts (4.4K) - the reason being, the Street wanted to hear they are cutting as they had concerns with the direction and the overall spend. If you do not believe me, look at some older posts on this site, look at negative Glassdoor reviews from 2015 and 2017 and/or talk to your peers without Kool-aid addiction. SAP is an amazing company in many respect, yet we need to realize that we are being challenged on a strategic level for almost a decade right now and we've struggled in so many ways - things will get worse. Good luck.
4 replies (most recent on top)
There's never just one c---roach in the kitchen.
If you have worked for companies like I and M and O, they do it stealthily and not announce it so openly. When companies are acquired by I for example, they lay off admin and back office people immediately without announcement. They used to keep the developers, sales and presales until they leave on their own after they have collected their retention bonus or the division gets sold off in pieces. Consulting folks get laid off the minute they are on the bench. People who clock too much time are asked to rescue their on the bench colleagues by letting them clock those extra hours.
I do not support the way they are doing this exercise - looks like too many ex-I* executives have landed in SAP and “shared” their culture.
You must be new. In every round of layoffs, they’ve clearly indicated what percentage, or total number of people that would be let go.
The company is exceedingly transparent. You’re just a chicken little yelling that “the sky is falling”.
It's sinking ship.
When Titanic sank, everyone on board died. Workers in the engine room were out first, came with the third deck, and on and on...
Some "first class passengers" were able to get on life boats, aka, senior executives receive golden parachute payment, and that's it.