Thread regarding SAP layoffs

@11m Well you were close - hitting low 190s now (rather than December 2025) and well on the way to 180s. I wonder when the investment community will wake up and start DUMPING this turkey of a stock. The only way is down.

SAP Stock will continue to fall to around 190 by end of year. Probably reaching high 180s.

In many regions, the numbers aint hitting. There are many ERP that does decently well that there is no need to pay a premium for SAP anymore. Coupled with AI as a tool and extending that to be an interface, it makes their pitch for Fiori just embarassing.

SAP and AI simply isnt doing well. After 3 years in their go to market events, it is still the same few use cases. And if you look at their product roadmap? Majority are beta use cases. The GAs are so simple that its embarassingly not even AI, its a simple RPA with maybe some level of CNN on it.

There is no edge and the subscription cost keeps rising. Internal employees are demotivated because of the layoffs that are happening every other quarter (at least in my region). Yet leaderships and executives in the regions continue to party on their boats , go to fancy places and flying non important execs around for internal meetings.

Yet sales teams are clamped down on customer travels, increased quota yoy by nearly 30-70% (depending on team).

Internally no one is staying, the old folks are sticking around to get retrenched to collect a million dollar package walking out the door. New gens are filled by people who are mediocre.

SAP wont collapse because of its existing base of customers. But the glory days are over and people better be ready to accept it before it tanks further to 130.

I think the stock tumbling is really a correction to a more realistic value. Look what Kingfisher did - took their SAP software to the cloud on their own in order to maintain their customisations and have Rimini Street to support them. Why anyone would buy RISE, which basically means buy your perpetual licenses again as a subscription model, is beyond me. The settlement with the EU and the EU CRA will force SAP to provide security updates to all customers for free - so customers will not be locked into maintenance contracts if they can get security updates/patches for free. Rimini and Spinnaker are much cheaper - and mostly former SAP employees. Methinks SAP's dominance in the ERP space is waning, regulations are trying to even the playing field, and at the rate AI can write code, it can replicate the customisations for customers on new, cheaper ERP software that has embedded AI features/tools. I'd bail if I were and investor and take my gains. The only thing the board knows is layoffs and off shoring, so they will go bigger on that front, in order to save their jobs. I wonder if they have had a glimpse of Q4 revenues and they need to change the conversation now (thus the all hands next week) before the word hits the street. Personally, I can't wait to see whose neck is on the chopping block, metaphorically speaking.

@q4 My gut feeling is that layoffs are the only instrument our management can think of.

The clock is ticking on SAP Board to outline how they will not only break the stock steady decline but even more importantly how they will regain profitability.

The markets are not interested in just seeing the stock might stabilize and stop falling but they want to know what plans are in place to get the stock price back and above the high mark of $310 just a few months ago.

To make a convincing argument to not only keep the current investors to stay with SAP but to also get new ones to invest is a tall order. The company has lost a tremendous amount of Market cap in this decline.

The Q4/25 and the overall year end review with the market analysts is only about 7 weeks away.....as said,,,, the clock is ticking and we shall see what plans the board puts forward in the January review to solve this mess.

I am sure the board have a strategy to raise the stock value.

@hg+1kah6n969 Indian forever, if you are really from india then you are a troll and a madarchod!
If you are using a false identity and defaming Indians then you are a double madarchod.

Raise your argument level and don't defame your country men.

@jq+1kah6n969 You are also a rac|$T and a low life troll, how find reasons to blame the whole world for your own problems.

@ev+1kah6n969 In December, Signavio design dept is bringing in people from around to world (within a few months after the so called hackathon party event) to plan how they can exploit the system once again and throw appraisals and promotions to themselves next year and maybe harass a few more of their colleagues...

@jq Fascist! Let me know your shirt size and whether you prefer black or brown! Tool!

The stock must go up.

I am sorry for the affected colleagues but those in high-wage countries will have to work for Indian wages or be replaced by Indians in Bengaluru.

@f6

I am by no means an Oracle fan, but you can't cherry pick some stat to make it look like O is worse off than SAP.

Fact is that O stock went from low of $118 in April to high of $345 in Sept - that is amazing! And even still on the timeline you mention ( with the drop off from Sept) O stock is still up about 30%,

Meanwhile SAP has been on a straight nose dive down.. sorry but looking at Oracle numbers doesn't make things look any better at all for SAP.

Bottom line is forget about Oracle, Salesforce....etc... SAP needs to get its act together real fast, or many of us will be on Unemployment line by February next year.

If you want a feel good story. Go to Oracle’s layoff page(s).

Their stock has lost more value since September than SAP’s total market cap and its peak.

@ev Well, in 2015, he was awarded the “CEO of the Future”… maybe for a non-profit?

@e3 according to LinkedIn fluff posts, there seems to be no shortage of non-customer facing international travel.
• Stop that
• Fire the entire board and management team for not stopping that non-customer-facing international travel sooner

@OP re: before our Board has to take very aggressive measures to curtail the investment losses ( and protect themselves)?

FIRE THE ENTIRE BOARD

@dh bellend

Seeing the comments here, maybe the OP should have called it “SAP’s Executive Board - How Low Can They Go”?

Look at it like this - How much has SAP Market Cap dropped in last 6 months?

Answer = about $80 Billion. Went from around $352 billion in July/25 to projected to $272 Billion by Year End/25.

Who is the biggest losers on such a massive drop?

Answer = Investment companies like Black Rock, the Vanguard group, Fisher Management....etc.

Now these companies have their own "clients" they have to answer to, who want to know from these investment companies why they are left "holding the bag" inside their own portfolios and taking big losses.

Make no mistake the SAP stock drop is a massive loss inside these investment houses, who will ( if not already) be asking many questions like "why should we stay invested in SAP", "what is the Board's strategy to pull out of this"...etc. And what will our Board reply with?

Most likely the strategy will be to "cut expenses and losses" = which then equals layoffs. This might be a short term solution but will not revive SAP's profitability, this will require changes at the top and will only allow for some of these investments houses to run for the exit while they still can. which will be even more detrimental to SAP future.

We need big changes in all aspects to regain our lost stature as " one of the best in the business."

Hard to believe the stock was pushing $310 just 5 months ago and now on our way to $200 in another 5 weeks and in a complete free fall.

If there were any layoffs being contemplated prior, we can bet for sure they are now being planned by our Board.

You know what they say, big fish eat little fish..... Q1/25 will be blood bath here. Somebody will have to pay the price for this loss... and it won't be the folks at the top (at least not in the beginning)

Perhaps that is the reason for the All Hands the first week of December? I cannot imagine the board will be content to let the management stay in place with significant drop of the stock in the last 6 months (and it is staggering) continues unabated....usually there is a sacrificial lamb, although again it might just be the employees who are made to suffer.

only way is to build even more strong products, rapid support to customers lead by real capable leaders. Plenty of politics when some one see ship sails slowly or not in the direction it should be.

We wonder why the stock price is falling, but when we want to send out a job title change notification it leads to having to menu dive through multiple applications to get to it. Most core SAP software is trash because most core SAP procedures are trash and they are leading to the stock price crash.

@ck In Ireland it can be described as gobshitery!

@aa the theory by Michael Burry regarding NVIDA buybacks also holds true for SAP. The board is diluting shareholder value and restricting funds that could be made available for SAP employees. Shareholders are erealising that and so the only two solutions that the board sees in front of them are paying higher dividends and laying off employees.

The stock price is just the price on the secondary market. It makes zero difference to the company at all whatever the price is. The only time it makes any impact on the company is when the companies holding of shares is used as collateral or when the company issues or sells new stock. This constant worrying about the stock price is because the board and higher t levels are substantially remunerated in stock, but to the companies actual health it means zero. The constant chasing the stock price by reinvesting in human capital is whats causing the spiral down and the constant outage, security issues and lack of any real innovation.

@ck it would be understandable if there was a little bit of trolling once in a while. But this magnitude makes me believe that someone is paid to deliberately sabotage the conversations here.

Why is there so much trolling on this forum? It does not add value to the discussions and it is not funny.

What is the point there? I do not get it.

@az I feel a big cut on OnPrem...it's no longer in the strategy of SAP, they don't even know what to do with it...dragging it for so long even if it's not fair because it still generates money.

OnPrem maintenance is still big in Germany and France and those countries are the Highest cost sites in Europe so it would make sense...but I agree it won't be easy because of political reasons CK was taking photos with France and Germany leader alongside with Mistral AI CEO...which probably explains it's taking time to setup an acceptable plan for both parties...

So CK got equivalent of 19 million dollars in cash for this “long term strategy”? And to save face, his only solution is layoffs. It’s almost as if the board is incompetent and vindictive towards employees.

Why are we giving so much money to board members as bonuses but cutting down on employee salary appraisals and benefits?

The board is driving the stock price into the ground for an acquisition by Mucrosoft. They won’t be interested till it drops below €150.

The cuts in Jan 2026 will be significant , Most T4 and T5 not billable will be considered i guess. They are increasing headcounts in germany and india. They still have a good 5000 they can cut. Some teams is bloated with T4 and T5 and they are not billable. DA needs to deliver else he will also be cut. I think SAP needs a change in board level to ride this storm.

@az They’ll lay off employees in more than just those countries. Possible reasons: Analyst and investor concerns around share price deflation.
Posssible emergence of an activist investor.
Trying to save their necks by laying off employees to impress a new chairperson, who as a CEO seemed to use sizable layoffs to inflate share price and cut costs.

I sold SAP and purchased NVda, up 400%

Open your eyes.

The is already layoff in preparation at least for Germany and France but I don't think it will be enough to increase the stock price.

The partnership/future acquisition of N8N to probably replace Joule Studio will cost money: the money generated by...layoff

SAP is. and has been, making a big bet on AI. Problem is, so are thousands of other companies and the available market will belong to those who are viewed as the "Leaders and Innovators" of AI technology.

In addition SAP is constantly forging "partnerships" with other companies who are also lost and looking how to access this market. Just announced by SAP was that it brought on yet another "strategic Partner" ( which was CapGemni) to strengthen its AI capabilities.

Soon we will have more partners than employees.

But when you get to the bottom line, what is SAP really known for as we go forward? We dropped our mainstay business (ERP and Maintenance) and now we have: SAP S4 Hana, Cloud, Joule, Business Intelligence, SAP Analytics, SAP Spend Management, SAP Supply Chain Management Grow with SAP, Rise with SAP, ................stop, stop OK I get it, we are totally swamped with an endless list of products to sell..... but is this really a strategy or just a haphazard, or ad hoc maize of which our customers are totally lost?

@a9 haha

Aliens invading earth more likely than the SAP stock going up. The board and their lackeys ki-led the company by ki-ling innovation and focusing purely on layoffs as a solution to everything.

Investors are realizing that share buybacks are decreasing the value of the stocks they’re holding. The board may increase the dividend a bit to show all’s well and of course four employees because the market loves that. But the company is dead. And the stock will be below $100 before 2026 ends.

Joule and other AI initiatives aren’t working as expected. Products are going to be bundled differently and prices will increase for customers as discounts end. On premise initiatives and products that need to be phased out are taking more time than expected. Internal IT and customer support is being replaced by AI which will lead to frustration amongst customers and decreased adoption.

If I had to make an educated guess, I reckon it’ll be below $200 by the end of the year. Everything after that is conjecture.

After the Q4 results, we can expect a sharp drop and investors are realizing that there are better companies to invest in long term. When this happens, the board will use their usual tactic of laying off employees and telling how Joule is working great and that we should brush our teeth twice a day. Then it’ll go up for a bit. But investors aren’t d-mb and they’ll pull out to invest in better companies. And by mid-2026, we’ll be back to €150 or something. Then CK and the board will collect millions in bonuses. And of come up with an innovative idea to bring the stock price up again.

You guessed it folks… employee layoffs and lying to customers that AI is working great and we use it a lot internally.

I reckon when that happens, Microsoft or another player will make a move to acquire a large stake in SAP.

And then the Russian-Ukraine war will get worse. And escalate into a global war. And then aliens will invade. And…

Wait. Are you still reading? No one knows how the markets will react. The only things we know are that (1) the board wants layoffs and reduced salary appraisals so they can cash fat bonuses, (2) layoffs increase the stock price a little but not by much and (3) investors see that there’s no tucking plan and there are better companies to invest in so it’ll only go lower not higher!!!

The technical answer is Zero.