SAP is in freefall because investors are reacting to weaker-than-expected cloud backlog growth and a softer 2026 cloud outlook, which raised fears that near-term growth is slowing. The selloff was also amplified by analyst downgrades/target cuts after SAP’s recent results. Is this doomsday for SAP?
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https://www.cnbc.com/video/2026/04/24/not-all-software-firms-are-the-same---sap-is-built-to-win-in-ai-ceo.html
Read my hips: there will be no layoffs.
@br not everything was incorrect. The supervisory board and executive board increasing dividends came true. Some other points too from the previous posts.
There were no big mentions of layoffs though. So I wonder if they’re more under the hood than publicized. I’m pretty sure the executive board realized that shaming your employees all the time is not a great way to get good trust in leadership unfiltered scores. And before someone says unfiltered doesn’t matter, it does. There are news articles about trust in board from the unfiltered surveys. And that bothers SAP management a lot. They don’t stop talking about it for ages.
@b6 we can give people the benefit of doubt : the results proved a lot of people were wrong with their prediction even if almost all indicators pointed to bad results and layoffs.
The fact that someone linked an article about SAP cloud growth and people downvoted it is really telling about this site. I cant believe I have to sift through heaps of comments of people who bi--h all day about SAP just to try and find layoff news.
https://www.bloomberg.com/news/articles/2026-04-23/sap-reports-cloud-growth-that-beats-estimates-in-ai-push
@aa https://finance.yahoo.com/markets/stocks/articles/sap-quarterly-statement-q1-2026-201800797.html
@a7 oh really? I didn’t have access to Q1 results before they were announced, just like thousands of non employees who own stock. What makes me different?
@a1 Please use the DEI approved replacement for "black out," block out period.
We don't want to upset any white women.
Trust sap
@a4 working for the company is considered as having access to insider information...so better be careful because if there's penalty it might sting a bit
Meta bloodbath too - 9,000 whacked
https://www.bloomberg.com/news/articles/2026-04-23/meta-tells-staff-it-will-cut-10-of-jobs-in-push-for-efficiency
It's down 9%. That's peanuts compared to the 16% after the last earnings call.
You can unload stock as long as you don’t have insider information.
Employees better not be unloading stock! It is a blackout period. (from mgmt).