I posted this as a response, but figured it would be more useful to some if it was a standalone thread. *
Come one, everybody! Don't be so gullible.CK didn't say there wouldn't be layoffs in our recent all-hands call, he just said they aren't focusing on that right now. It's an incredibly careful response the comms team has prepared ahead of time for the topic.
What does 'focus on that right now' even mean? Focus on it later (this month? next month?) He might focus on them next week if the market reacts badly to his strategy?
P23 and P24 were VERY expensive once you calculate out the VERP and severance packages of thousands of senior skilled colleagues with decades of time at the company. They'll want to find a cheaper approach to 'brushing their teeth' going forward. (Clue: "Our new Performance Management" where we overload you with work, give you impossible targets to hit, then later on use missing them as the reason to fire you for performance reasons with no payout).After the morale cratering debale that was how they handled P23 and P24, they'll want a quieter approach to future layoffs. They don't even have to tell you. Just cut a team of 15 here, 25, there, 55 here, 30 there... no need to announce it, and if anyone finds out use the bogus 'location strategy' explanation (you know, the BS one where a team of 30 can get cut because that office is not in their strategy, yet for other colleagues in that same location all is fine).
The next layoffs will be cheaper and done as sneakily as possible - manufactured performance problems for expensive workers followed by unattainable PIPs, and voila.
Let's not be gullible. "not focusing on that right now" absolutely DOESN'T mean there will be no layoffs in executive speak, just like "there aren't any plans currently" or "we want to keep our best people". They're empty non-answer phrases that give nothing away.
SAP couldn't give 2 ships about you as a person. Do what's best for you. If that means stay and try to put up with the political drama and backstabbing, good for you - best of luck to you. But if not, don't be blindsided. Tidy up that CV and start paying attention to what's out there. I certainly will be.