Topics regarding layoffs at SAP

Topics regarding layoffs at SAP

Were you laid off? WARN Act

The WARN Act requires an employer to notify employees, in writing, 60 days before a layoff, and pay the employee for those 60 days, in addition to any severance the employee may be entitled to. Unfortunately, some employers attempt to circumvent the... — read more 

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| 1470 views | | no replies yet
Post ID: @OP+1kS8vhkI

Germany call

What happened in the germany call after all hands... odd this was not shared with us all ? Thanks

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| 2480 views | | 4 replies (last December 15, 2023)
Post ID: @OP+1kSid9vv

I wonder when we'll know more

It would be a kind gesture to let us know as soon as possible who will be impacted. There is no need for all of us to agonize over being cut for weeks or maybe even months. But that would require our leaders to care about us at least a little bit... — read more 

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| 2640 views | | 5 replies (last January 27, 2023)
Post ID: @OP+1kSAwUnD

2.5% layoff

In 2023, SAP will conduct a targeted restructuring program in selected areas of the company. The purpose is to further focus on strategic growth areas by aligning our operating models and go-to-market approach with our accelerated cloud... — read more 

Healthy cycle of Tech Layoffs - Bullish

Tech companies take advantage of recessions to optimize headcount and remove low performing human capital and low performing product lines. It is a very healthy process and companies rise from the recession much stronger. Its very bullish for SAP... — read more 

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| 1820 views | | 3 replies (last January 26, 2023)
Post ID: @OP+1kSbH1RV

Always good to get the second opinion...Q4 results

Second Opinions always good... see what Zacks says about fourth quarter results,https://finance.yahoo.com/news/sap-set-report-q4-earnings-135101357.html     Summary is follows:  (i) Revenue about 8.23 Billion = equals a DECLINE of almost 10% YOY   ... — read more 

More Layoffs at Microsoft

Microsoft to Cut Engineering Jobs This Week as Layoffs Go Deeper Microsoft Corp. (MSFT) plans to cut jobs in a number of engineering divisions on Wednesday, according to a person familiar with the matter, joining the ranks of technology giants that... — read more 

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| 2130 views | | 6 replies (last January 25, 2023)
Post ID: @OP+1kKCRUKV

Losing competitive advantage

There will be no VERP for ppl who joined in 2022-2023. Lay off on horizon, Oracle replaced SAP in both revenue and new customers in ERP to be Nr.1. They have wide range of solution from Strong ERP solution portfolio, Public Hyperscaler services to... — read more 

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| 3500 views | | 7 replies (last January 17, 2023)
Post ID: @OP+1kxL2OGU

SAP Layoffs 2023

If the market makes a turn soon, do you think there will be SAP layoffs? Any chatter, news or rumors?

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| 20120 views | | 29 replies (last February 15, 2024)
Post ID: @OP+1jUYPPlu

So many slackers

It is unbelievable how many lazy people this company employs who hardly do anything. I wouldn't care about that at all if those same slackers weren't valued more than hard working people. My impression is that the least productive ones here are... — read more 

Layoff in SAP

Hi, I have joined SAP 5 months ago in Singapore office, I am really worried about layoff and it's impact.. Any one has any ideas

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| 4780 views | | 4 replies (last November 9, 2022)
Post ID: @OP+1iZHTpg9

RIF happening now in NA

Seems a RIF has started in August 2022. So far North America CS COO teams. More to come? What teams are being impacted and how many?

Market Cap

3 years since I was laid off in the 2019 restructuring. Since then SAP's Market Cap and Stock Price has lost about 30% of its value. My salary has increased 50%. I have outperformed SAP by 80%.

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| 2960 views | | 9 replies (last October 25, 2022)
Post ID: @OP+1ihYBR8s

SAP acquisitions and market cap / stock price

SAP has made more than 70 acquisitions. How much have these contributed to shareholder value and share price? Litmus was sold today - how much was recovered from the $2.5B Callidus purchase? Can the company return to growth without aggressively... — read more 

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| 2500 views | | 5 replies (last August 28, 2022)
Post ID: @OP+1ihdWWW5

Taking a stand

https://finance.yahoo.com/news/salesforce-shuts-hong-kong-office-175759369.html A serious move by one of our main competitors, Salesforce. SAP should also consider shutting down offices in countries who do not share values ( whether they be... — read more 

I think everyone expects some layoffs this year

One school of thought is that SAP will have minor layoffs in Q3, especially if the performance results do not look good. The hope would be that there is some improvement in Q3 - good enough to buy some time to turn profitable by Q4. If it turns... — read more 

What really happened to Paoni?

Does anyone know why DJ Paoni really left SAP? The note about his leaving said he was "retiring" from SAP. I guess anything is possible, but he is 49 or 50 years old and he is retiring? Maybe so? I guess we will find out soon enough. If he... — read more 

Feeling a bit uneasy

https://finance.yahoo.com/video/oracle-reportedly-plans-lay-off-193212079.html FYI. All over the web, I see the news today that Oracle has begun what is reported to be a layoff in the thousands, the majority of which will be in the US. The... — read more 

Can we talk facts ?

As has been said on other posts, especially after the Q2 results which were clearly designed to emphasize the revenue numbers and ignore the continuing decline on Profitability. I can understand this as the company is attempting to balance the... — read more 

Profit is our main issue

Revenue is not what the investment community is looking for - They want to see Profit, which SAP did not fare well and fell below YOY performance on Profit Operating Profit has been a perpetual problem for the company to properly address and... — read more 

Divestments

Whos on the chopping block? Read something about acquired product Litmos, anyone else?

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| 1120 views | | no replies yet
Post ID: @OP+1hQlYZUH

SAP Announces Q2 and Half-Year 2022 Results

SAP Announces Q2 and Half-Year 2022 Results Cloud revenue up 34% and up 24% at constant currencies to become the largest revenue stream Current cloud backlog exceeds €10 billion, up 34% and up 25% at constant currencies SAP S/4HANA... — read more 

Q2/2022 results - RIF could be coming

Early release of SAP's Q2 results show that Operating Profit Forecast is expected to report a drop from 1.92B last year to 1.74 B this year. While total revenue is expected to post higher, this ongoing problem of Operating Profit falling behind... — read more 

SAP Chairman replacement

Has anyone else heard rumor that Jim Snabe will replace Hasso as Chairman? Hasso just renewed, for the last time, his term for another two years and Jim signed on last year for another 4 year term at Siemens which means then both terms will more or... — read more 

Team of hundreds in support put on PIPs

SAP are starting to use Coveo for support and ramped up large number of new 3rd party contractors. After years of month on month improvement in metrics across the board in our support org the team of hundreds were told during all hands meeting they... — read more 

Uncertainty makes me anxious

I don’t think I’ve ever, in my many years of work here, been more anxious. Don't we deserve at least a little more transparency from our management, which, if nothing else, would help reduce some of this anxiety?

Utilization Based Layoffs

I’m hearing that business cases are being prepared around an 85% utilization cutoff. Last Friday my MU GM published everyone’s utilization actual sat the bottom of a very benign email published weekly…”Look hey what’s that sound?… everybody knows... — read more 

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Post ID: @OP+1hoo9zuY

Layoffs at SAP earlier this week

There's a rumor going on that there were layoffs in the last day or two. I haven't heard anything but it's a big company and with our management never too willing to share crucial information, I know I could have missed it. Can somebody please... — read more 

How deep is the turmoil in SAP?

I saw some other threads on this platform about the instability of our Board Members and I wanted to broaden this thread under the spirit of one of our corporate values to  "Tell it Like It Is".   Turmoil  can be a critical  derailer in establishing... — read more 

Christian Klein exit?

Is there anything in the rumor that CEO is to be removed/leaving, due to move to cloud issues, handling of the Russia situation..? Anybody any insights into this or the disruption that would ensue.

Departure or not, SAP is still the land of the CFO's

Do not worry, even though Luka will be departing, we have many, many, more CFO's throughout the organization to keep the title ever present. Seems that any team who wants to find a place for a jolly friend, creates a new spot called "the CFO of... — read more 

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