Thread regarding SAP layoffs

@k6 of course we'll know his name if elected. Why is he significant.

@m9 yes please let’s start hateful racist posts that make no sense at all. This will allow management and executives to make employees fight one another instead of coming together, unionizing and holding them accountable. More of this please.

@k6 great! Gregoire the uninspired snd uninspiring cost cutter and Obermann the Dobermann on the board together….. And Obermann’s going to be chair in 2027! Bumpy, bumpy!

@j6 everyone needs to pay attention to this: Michael Gregoire to the Supervisory Board. This is significant. In a year or two you will all know his name if he is elected.

@j3 they aren’t to go after Gina because “she is seen as a DEI hire”. They’re going to bin her because she plumbs depths of uselessness and incompetence in ways that CK and co. will never begin to approximate.

@j3 just got my proxy ballot with no bios or cv summary for any of these candidates. Do they want me to believe LinkedIn prevarication?

• Elect Pekka Ala-Pietila to the Supervisory Board
• Elect Rouven Westphal to the Supervisory Board
• Elect Rene Obermann to the Supervisory Board
• Elect Michael Gregoire to the Supervisory Board

@h8 He is not leaving. He is being kicked out. CK needed him to step in when he fired his bestie Juergen Mueller. Now that the share price is dropping no matter what they do, CK doesn't need to keep migrant brown Muslims in the executive board anymore. He'll bring in another white a--kisser instead. And they are going after Gina next as she is also seen as a DEI candidate.

@bz why is muhammed leaving? He had such great showmanship at Teched. Hes a good actor!!! But SAP needs to do less showmanship and acting and more innovation and delivering. No one cares about being entertained at TechEd and Sapphire by flashy showmanship and marketing wizardry!

Sorry but when did SAP ever indulge in innovation? All innovations at SAP are either from 10 years ago or copied from competitors (many are suing us) or through acquisitions. SAP innovations are 100% marketing.

You are correct about share buybacks. The market understands that share buybacks and the failing Joule AI won’t save SAP. Analysts are setting a lower SAP share price. And institutional investors are dumping the stock because the financials are so bad. Yet we treat the id--tic CFO and CEO as God and allow them to abuse us verbally. They are right in blaming the employees because the employees are giving in to this abuse and not standing up to themselves.

@bz We don't need any more migrants. Only Europeans should be in European company executive boards.

@aw Muhamad leaving is bad news.

SAP needs at least two Indian and one Chinese board members. At least!

Those paid mostly in enough stock to comfortable retire at 45 are fine with pumping the stock. Those of us that still need to be gainfully employed for another 20 years think your right.

@aw I don't think they would ever do something so immoral as insider trading.

I still have confidence in the board.

I thought they wanted to drive the share price low and own as much stock as possible. So when it grows after they have left, they make a ton of profit. We give way too many millions as bonuses to executives than we should and they use this cash to purchase more stock. Maybe executive bonuses should be purely in RSUs and not real cash. Right now they are encouraged to act against the shareholders and help the share price fall. There should also be limits on how much stock executives can buy as this is as close to insider trading as it gets. They make decisions fully knowing what the impact would be on the market and make trades outside of the blackout period and have their decisions take effect within the blackout period so they profit no matter what.

When Muhamad Alam started to dump his shares, I knew that he will be ousted soon and they got rid of him even. Having a Muslim brown man on the board hurt their image in front of their US administration friends at Palantir.

@OP The move generally works—to a point. Share prices climbed a median 2% a month after the insider purchases, but their recoveries tended to taper off after that. Just 15% fully rebounded from where they had fallen in the 30 days before the share purchase.

https://www.wsj.com/finance/stocks/is-it-really-a-good-sign-when-executives-buy-their-own-stock-we-ran-the-numbers-2655b232?st=QviqDh&reflink=article_copyURL_share

If executive bonuses are indexed to or based on earnings per share (A FRACTION), the can shrink the denominator (number of shares outstanding) even if the numerator (earnings) are flat or slightly declining). Any clowns can manipulate a fraction of ratio in this way.