A lot of baseless rumours have been posted here. You must be said after today's all hands
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@g9 why promote the deal for only USA, it would be a good deal for all locations, including France and Germany.
The issue with layoffs especially for "old" folks is that it will be very hard to find a job outside especially at this moment of uncertainty because they're seen as expensive so the deal must be good otherwise it can turn into a nightmare for them.
@f1 Concur had about 90 or so laid of in engineering in the usa, mostly hybrid location teams where some of the team where in a cheap location (brazil, india, canada or czech republic) so they could move the whole team to the same cheap location. Was much more a location strategy of budget maximization than headcount reduction.
If sap gives 1 month for every year worked that will be a good deal to walk away . Pls spread this deal so sap gives it to US employees . They should sell the company to google or msft . Give the employees a package and everyone leaves happy.
@cg Did AI tell you to trust your board?
@cv+1kq7x15aw which LoB are you talking about? If you cannot share then don't write cos it can be perceived as untruthful.
@by When will your hip say layoff begins ?
Vigorous tooth brushing does not count.
Multiple product teams of my LOB have been laid off in the past 4 weeks. Layoffs are happening, just no longer communicated.
Keep your head firmly in the sand. SAP can continue to wallow in the 140 share price range, and lose almost 40% of its value in the last year, without about 30,000 employees. Tell me - what is the strategy to attract new customers, and have existing customers buy more from SAP? Yeah - I thought so. This is no longer a growth company, it's cost cutting/reduce overhead company no matter what you think, and the markets know it. Why did SAP retain the chief people officer when she made a terrible, and very public mess, of the bonus payout plan? Obviously, she doesn't mind gutting the company; the plans are underway and she is pivotal for execution.
Today AI was useful for the first time for me.
I needed a short summary of the CK mail.
Told you so.
Those who read my hips correctly had a relaxed time.
The new strategy is yet another buzzword spin.. Autonomous Enterprise. LOL. Same painful experience for customers, just a new wrapper.
Whenever SAP will announce the layoffs, capital markets will know it first instead of the employees as SAP is a publicly listed company and legally they need to inform the markets first like in the previous 3 occasions.
@ae Dude.... really ?!
I guess you believe the earth is flat and men never landed on the moon
@a3 Technically he said he wasn't focused on layoffs in half year 2 which doesn't start until July.
@a3 honestly it could go either way: layoffs or no layoffs and it wouldn't have surprised anybody.
I understand that his main focus is on SAPPhire: the biggest event.
Even if there was layoffs he couldn't announce them now because it would've been bad timing and would've distracted the audience from the communication on the new SAP strategy
@a2 Of course, he cannot rule out layoffs in the future (who can foresee the future...) But the recent posts here were all about the 'big announcement' in upcoming meeting. It just shows, there are a bunch of sad people on here, who really have no clue and just spread a lot of nonsense.
That's not at all what I heard. What I heard is that CK is not focused on layoffs right now. Did not say they won't happen though. There was no definitive language in his response.
Sad*