Thread regarding SAP layoffs

@11j This is good. SAP needs to replace Americans and Europeans with Indians.

@100 EU

They are happening quietly, that's what I saw. Not sure people are out because polite or cut cost. It feels even worse than layoff, at least you know why.

@zz Which regions?

they are taking place as we speak, you don't hear anything as they seem to target small teams of 2-3 people.

@h1 No one is waiting for the AfD to win. They are the sc-m of the earth.

@eb They kept GV because they had to keep at least one woman in the executive board and she is the most docile amongst the women at that level. Group executives are waiting for AfD to win so they can remove all women from executive boards claiming that having women there is DEI and woke and against family values.

@e0 yes to all of it!! SAP do not care about employees, just pure sh-t show, that's why they kept GV, the execute layoffs “quietly” and less expensive. Plan your next move in advance people!

Come one, everybody! Don't be so gullible.

• CK didn't say there wouldn't be layoffs in our all-hands call, he just said they aren't focusing on that right now. It's an incredibly careful response prepared ahead of time for the topic.
• What does 'focus on that right now' even mean? Focus on it later (this month? next month?) He might focus on them next week if the market reacts badly to his strategy?
• P23 and P24 were VERY expensive once you calculate out the VERP and severance packages of thousands of senior skilled colleagues with decades of time at the company. They'll want to find a cheaper approach to 'brushing their teeth' going forward. (Clue: "Our new Performance Management" where we overload you with work, give you impossible targets to hit, then later on use missing them as the reason to fire you for performance reasons with no payout).
• After the morale cratering debale that was how they handled P23 and P24, they'll want a quieter approach to future layoffs. They don't even have to tell you. Just cut a team of 15 here, 25, there, 55 here, 30 there... no need to announce it, and if anyone finds out use the bogus 'location strategy' explanation (you know, the BS one where a team of 30 can get cut because that office is not in their strategy, yet for other colleagues in that same location all is fine).

The next layoffs will be cheaper and done as sneakily as possible - manufactured performance problems for expensive workers followed by unattainable PIPs, and voila.
Let's not be gullible. "not focusing on that right now" absolutely DOESN'T mean there will be no layoffs in executive speak, just like "there aren't any plans currently" or "we want to keep our best people". They're empty non-answer phrases that give nothing away.

SAP couldn't give 2 ships about you as a person. Do what's best for you. If that means stay and try to put up with the political drama and backstabbing, good for you - best of luck to you. But if not, don't be blindsided. Tidy up that CV and start paying attention to what's out there. I certainly will be.

Chuck?

Read my hips: there will be no layoffs.

Maybe they follow Microsoft’s lead with an early retirement offer. It would be well received and far less negative press..

After Sapphire, it all depends on the share price. If the share price starts to go up, we may be okay. If it does not, then CK and his fanbase have already set the stage for layoffs. I think we got lucky with the Q1 results.

I think nothing is gonna happen before SAPPHIRE (Orlando and Madrid) after that nothing is guaranteed..