Indeed, global stock brokers are recommending buying SAP with high targets:
💶 UBS 307 €
💶 Deutsche Bank 310 €
💶 Bank of America 320 €
💶 Wells Fargo 345 €
And 2 days ago CK was with BNP Paribas investors and according to his LinkedIn post it went pretty well:
https://www.linkedin.com/posts/christian-klein_paris-ai-activity-7335685508271915008-MM8p
So Executive Board does not need more layoffs in 2025.
PS: would you please stop deleting my posts? They are totally relevant here.
If layoffs are necessary, they will be done. The fantastic board knows what is best and will do it.
Trust the board!
Don't be deceived by the number. The board is aware of what's coming by 2030.
Get your household ready.
I am now realizing that the board is not doing a wonderful job. I have all of these blisters on my lips and bruises on my knees. It was all for nothing.
Layoffs happen when solutions don't sell. Solutions don't sell when the strategy to sell them is put in the hands of a person that was never qualified to lead or design a common sense strategy.
The S4 Public (good product) business in North America was driven by a woke sales strategy from a non-sales-leader.
This was all part of the Punit Renjen playbook. He set this all in motion with his veiled threats. He had people in Germany like Klaus Hergesheimer and Crazy Tracey Hughes build a plan. Wheels were in motion. Now being executed by CK
If you are honest with yourselves, you will realise that the board does a wonderful job.
SAP will lay off employees as they have done every year, it’s all about stock price at this point. If they can layoff in 2025 they will. If you cut 10% of your staff every year, it’s an easy cost measure to increase stock. They have not innovated much, easy effort.
Don’t get caught up with the smoke and mirrors. Shareholders want value, and SAP is not in the top S&P500. I would buy AI growth stocks over SAP.
Culture is gone and it’s all about money and stock performance.
@eg+1jx0by7ep Funny hey, economists and politicians have been saying that unemployment is low and inflation is back on track. But you ask a regular person about the economy they would say it is s***, nobody can find jobs and inflation is more like in the double digit percentile range.
some of you act like abused dogs crawling back to your masters for scraps. not everyone can feel good about themselves knowing that kissing a-s is all they are good for.
I hope this post is sarcasm.
The tech sector is undergoing mass layoffs. With many fake jobs and bots applying to those fake jobs.
Entry level jobs are being automated out by AI and senior employees are told they are too expensive and they need to be replaced by a low cost location. These all lead to wages being suppressed and you made less essential/more expendable.
There is nothing stopping CK from wanting to quadruple his operating income tomorrow by laying more people off. Just because stocks are high doesn't mean you're safe.
I agree, the board does a fantastic job.