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Selling SAP shares during blackout period

I read the rules around blackout period but I am asking for advice on how they are enforced. Obviously the SAP share price will keep dropping because there is no SAP strategy besides failing at AI and laying off employees and share buybacks. And we did not even get decent salary appraisals this year. I am low on money and thinking of selling SAP shares just to be able to pay my mortgage and not have to worry about basic necessities. I am not sure how things are in the US but here in Europe, everything is getting more and more expensive. And other companies are not hiring or they are simply laying off. What are the real implications of selling shares during the blackout period? I do not have a high role at SAP and I do not know enough to be considered as someone doing insider trading. I just want to be able to pay my bills. Is there legal action that SAP can take if I sell them before the earnings call? I am also afraid that the share price will go even lower because shareholders are understanding that SAP's executive board has failed. And giving shareholders a higher dividend by laying off employees is not seen by them as longterm success of a company. So I want to get them out before the price goes below €100. Please advice what I should do.


No college degree

I understand that during the pandemic, the company needed the people who work to stay in their jobs… so they hired those who don’t as managers.

But I don’t know how much longer I can stay and have said managers make fun of people who have college degrees. The culture is so toxic now and it’s really embarrassing for me to work at a company that lets unqualified people stay in jobs they are terrible fits for.


The TRP Culture is Dead (Long Live the FNMA Culture)

It is alarming when senior people are leaving TRP and they are leaving because the culture is dying. It started when they brought in Kimberly Johnson (COO) and it has gone progressively worse with leaders like Ramon Richards and Chris LePre. The culture has been replaced with what employees in Tech called the FNMA culture (which is where Kimberly and Ramon have come from). These leaders have no regard for associates and have brought in a culture of divisiness and toxicity. Associates are fearful of losing their jobs and so do not bring up concerns. Bringing up any concerns brands and tarnishes you as a naysayer by these leaders with fragile egos. What is concerning is that the most senior leaders at TRP are aware of this toxic culture but have done nothing about it, most likely because everyone is just too worried about negative outflows. What they need to realize is that if they don't fix the culture (and soon) they will continue to lose talent and the ship will continue to sink and by then it will be too late. There needs to be leadership changes in order to fix this issue.


Building Closures?

I've heard conflicting information on building closures that may be moving forward.
Does anyone have a list of locations, or information on how they're selecting buildings/campuses that are going to be closed? Does anyone know what that means for employees in those locations?
I've heard some locations, and then also heard that some changes in what locations are affected have taken place.
If anyone knows anything they can share, it would be greatly appreciated.
Rumors of an announcement date of 4/20, but I'm not sure if that's accurate, either.


Separation papers

It felt like I was signing divorce papers from a bad marriage. I'm very glad to be out of that company. The max severance package and unemployment are like having a hot girl say she just wants to hang out with you after your divorce but nothing serious, just casual fun. After that, retirement and traveling around with the actual love of my life. I ran the numbers, it's like getting a ~$100K payout into retirement. I'll happily take this over a retirement card and going away gift at a pizza party.

Assuming more layoffs are to come, and if and you're in a similar time in your life, I highly recommend trying to manage the last days of your career aiming for a layoff rather than announcing a retirement date. If I would have told them I was retiring in May, I don't think I would have been laid off, so keep that info to yourself. Don't tell a soul because it WILL get out if you do, and that could be a very costly mistake.


Stories

I worked at Oracle for 15 years in a GBU run by complete clowns. I realized too late that half the people were completely incompetent and they were usually mgmt. so lately a former colleague who also left O years ago told me the stories of some people getting laid off. “He was checked out since 2012…..he was waiting for it for the last 14 years….he didn’t care at all…” “oh, so sad, she got laid off….shes been there so long….i mean…” the first guy, prob hero to most. I def understand it. Now the second person. She was there when I was there. She acted like big stuff. She got roles in cloud and she never even knew anything about cloud or app or even was in the trenches. How did she move up? She was buddy buddy with our horrible mgmt. then she got one of her buddies on the team. Both of them together couldn’t update any Oracle app on their own laptops. I told my former colleague, I have zero empathy for her getting laid off. If she thought the skills and job she did that a 10 yr old could do would last forever, she deserved it. Oracle is different than many companies. Mgmt su-ks and really there literally thousands of people who are hiding. They may have joined via some small company that Oracle took a liking to and purchased and then they’re this “techie”. They’re not. My last 2 managers, Walmart greeters had more technical know how than both of them. Both were a-holes. I have zero sympathy for these people that not only skated but treated people like sh-t as tons and tons of talent left cause of people like her and mgmt. good riddance.


Can we use this forum for more?

Situation: Layoffs have been occurring almost continually globally for the past period, at least 8 years, possibly much longer. Yet we only here anecdotal information regarding details.
Idea: Instead of just posting here, alert any remaining local media sources in your region about what has happened. Maybe that has already been done. If so, post a link to the article here where others can share on social media. If not, tell the story and if the media is still well-funded enough, may be able to do some investigative reporting. The idea is to get a larger audience aware of the ongoing removal of employees.
Benefits:

  • Increased possibilities of potential new employees thinking twice before joining
  • raised awareness of retail investors who are chasing a dividend or turnaround,
  • expanded visibility for current employees to what is actually happening in the environment (particularly remote employees who don't see their co-workers being walked out)
  • Feel good effect by letting a broader audience know what the company is attempting to keep hidden

Two week notice

Historically, it’s always been a professional courtesy to give two weeks notice before leaving. However, as recent layoffs have shown, companies are giving no notice (Oracle). This has and will become the norm. And before someone says, well it’s courtesy to your colleagues, just remember that it comes at a cost to you and your family for being nice.

So with that said, why continue this legacy practice of giving two weeks notice? Again, if it helps the employee pack up and wrap up, sure. But otherwise, I think it’s time to reevaluate the practice. Just because society followed the same rule for so long doesn’t mean it’s correct in today’s AI world.

Love to hear your thoughts, including how you would advise your own kids if they were in the situation.


Think Twice Before Taking the Dell Survey This Year

Heads up, everyone.
Dell has switched to a new survey vendor this year and there are serious concerns you should know about before you participate.

First, the survey is not truly anonymous. This vendor has the ability to access individual responses and trace them back.
Second, they can manipulate the overall results to make company sentiment look better than it actually is. So your honesty could put you at risk, and still not even count.

If you were planning to give critical, candid feedback; the safest thing you can do this year is sit this one out.

A few things to keep in mind:
— Participation is voluntary. No one can force you.
— If your manager pressures you or coaches your answers, document it.
— Ask HR who the vendor is and what their data privacy policy says. Vague answers are a red flag.
— Spread the word to colleagues who may not know.
Real feedback deserves real protection. This year’s survey may not offer that.

Stay informed. Share this around.


What is PIP process like

Would anyone that has been though it like to share what the PIP process is like? Im wondering if it might just be a blessing in disguise, because right now I get dozens of random, vague requests coming from all directions. And it’s always up to me to figure it out. If I do get chosen to be the “lucky one” to go on a PIP, does that mean I will be receiving clear, defined expectations? Will I have one focused agenda and that’s it? Is it confidential or can I openly tell my coworkers to leave me alone so I can focus on my PIP? Will my success, my ability to complete the goal be dependent on others cooperating, or will I be able to work independently on this so-called objective?
Will the supervisor somehow be allowed or prohibited from making the usual vague, random requests, changing the goalposts, and assigning work that depends on a bunch of other people who may or may not cooperate. Just curious how this really works and if anyone can shed some light or give some examples from their experience with PIPs.


Message from your former leader

Group, I should have been more aware of my demise by reading this forum for the past couple of years. I should have put on my clown shoes a few years ago and sat on the plank of the dunk tank as you all would have saved the company at 10 quid a toss. Anyone out there have a good number to call HR so I can get my golden parachute? It's so tough to get an audience with someone who can help. Best regards, Bandy


I've landed at "not care"

From truly enjoying my work here years ago, to all the stress from waves of layoffs throughout the decline, now I've reached the point where I have no hope that Nike will ever again be a great company to work for, and I'm looking forward to being on the next list. I've been here too long to cut the cord easily, so the sooner they make that decision for me, the better.


It’s time to leave

This company is going down, the job market isn’t nearly as bad as what people are saying. You are so smart! There are companies that value your time and won’t fight you to make progress. It’s time to send out applications. It’s not worth staying here and fighting, they sold us all out, but the future for you is bright.


Breaking News: Franklin Templeton moves final phone skill back on...

Final date is 04/27/2026. Not all details have been published yet.

Great job to the FIS executive team, looking straight at you, VP Ian McCoy! Be sure to give notes to the Sales Team to sell this success to future clients! Let them know all of the steps that FIS took to achieve this result.

There are still legacy FT employees not hired back. All of that tenured talent wasted right down the drain.


To be compliant, Feb. Required 4 days a week every week except one

The higher ups are such unethical liars. Look at a calendar, if you worked in office Monday-Wednesday, that would give you 9 working days in February. New requirements are 12. You would need to work 4 days for 3 weeks of the month to be compliant.

Even 11 days didn't fit February, but at least it averaged out in other months. But now it's 12 and But other months are 13/14 days required it's even worse.

Hybrid is all but an illusion now. Unethical liars.


Do you actually have something to do?

Cause I'm pretty much idle most of my workday. Not sure if anyone else feels that way. After layoffs projects stalled and everyone seem to just pretend to do something. With Claude I'm pretty much done after 2, maybe 3 hours of work. Not really interested in trainings also, and I won't be-doverbackwards for this company anymore.


Bill here (I'm rich and you are not)

INTERNAL COMMUNICATION — CONFIDENTIAL
From: Bill, Chief Executive Officer
To: Our Valued Truist Teammates

Team,

Hope those jet engines are humming! The sound of productivity is truly music to my dividend-loving ears. Every hour you grind away keeps Truist soaring and my bank accounts smiling. You hardworking, salt-of-the-earth folks continue to inspire me, especially those of you in America's deep south, the backbone of our “economic patriotism.”

Let’s face it, your dedication is unmatched. Sure, you might not see those benefits trickle down, but your loyalty and, well, endearing gullibility keep the system running. Honestly, it’s impressive how many of our best-performing teammates still think the reason they’re struggling is immigrants, black and brown people, trans athletes or Democrats rather than, you know, me. But who’s counting?

Remember, keep flying that flag high, keep voting for the guy in the red hat. He’s fighting for you (wink) while I’m reaping the rewards. Together, we’ll Make Truist Great Again! One paycheck, one belief, and one miserable white re----k illusion at a time.

In care,
Bill
Chief Beneficiary Officer


Take Care of Yourself!

I had the opportunity to leave last year and I took it. Not part of a downsizing, no severance. Just a realization that SF was not a mentally heathy company to work for and I began looking for other jobs. So many secrets, so much job insecurity, so much toxic leadership. After a year, I can look back and be thankful I had the courage to leave. My new job pays more, I feel more appreciated, and my leadership is honest and caring. One thing I've learned - trust NO ONE at SF. It's not just a cliche, it's survival advice. And, honestly, if you have the opportunity to leave, do it. I promise that your mental health will thank you.


Anxiously awaiting the “Ka-ching”

Today is supposed to be the last day of my waiting period. Did anyone get their final shot separation papers yet? Maybe it’ll be end of day. Oracle will be giving my retirement a good start with 6 months salary and I will also qualify for unemployment, because maybe I still want to work, maybe…LOL. This is a much better retirement gift than any going away lunch or retirement watch. I’m very thankful for this blessing, I just need that final check to sail off into the next chapter.


NCR Atleos Botched RiF

I am ex employee who was affected by last month's RiF. To date, my health insurance was terminated 4 days early and they have "ghosted" me when I am asking for updates on when I will receive my severance payments. Not surprising for this company of course. Anyone else have similar issues?