Most likely Luka's departure has to do with Stock performance ( this is usually where the ax falls when it comes to financial performance). Even though Cloud revenues have risen from 1B to 9B during Luka's tenure as CFO, the stock has not reflected ... — read more
What's behind Luka
I am in the Finance Board area and have been here for quite a few years, but not as long as Luka. He has been here a long time and was here when Werner was CFO and so we have enjoyed some stability. But without a good reason for his departure (... — read more
What happened with Mucic?
Mucic accepted to run until 2026 but now he is jumping off He was the one leading the investor calls since McDermott, he was committed to the cause. Anyone knows what happened?
Am I the only one who's hoping to be laid off?
I don't want to quit, I want to pick up severance and then take a few months to relax before I start looking for something new. There is too much pressure and stress here and just jumping to another company without taking some time to recharge my... — read more
Dinobabies at IBM-
In recent years, former IBM employees have accused the company of age discrimination in a variety of legal filings and press accounts, arguing that IBM sought to replace thousands of older workers with younger ones to keep pace with corporate... — read more
SAP has lost its core values long ago
It's all about the almighty dollar now, sc--w the employees!
Underpaid replacement
Right from the start I felt that I was underpaid, given the amount of work I do. However, I was quite surprised to find out how much more the person I replaced here was paid. I wish I hadn't found that out, maybe I would feel better. It's not fair... — read more
Should I move on?
I've spent +10 years at SAP, I know, its not glamorous, but I can't understand why I can't seem to land a new gig. I've led marketing teams, major strategic initiatives, and even spent several years working in the leadership team of our new products... — read more
SAP Concur Q1 2022
How is SAP concur looking for the new year? Some colleagues are losing work to other teams (some of those teams in other states and countries). Are there any rumors of layoffs? We’ve certainly seen a lot of great technical people leave (ICs and... — read more
Mass layoffs after mass hirings
SAP went on a hiring spree this year, especially when it comes to consultants, and I think we might be seeing the ramifications of that as soon as the first quarter of 2022. Whenever there was a mass hiring event it was followed by mass layoffs to... — read more
SAP Layoffs 2022
If the economy turns around, do you anticipate any SAP layoffs? Any chatter, news or rumors?
SAP ex employee sues SAP for lack of diversity
Seriously… just when we thought… this came out in the news https://www.bloomberg.com/news/articles/2021-10-01/sap-accused-of-lack-of-diversity-in-singapore-high-court (Bloomberg) -- A former manager at SAP SE’s Singapore office has sued the... — read more
Just when you thought things in N. America couldn’t get worse
https://www.hitc.com/en-gb/2021/09/08/janene-hoskovec/?amp
SAP Concur layoffs
A lot of long-term employees have left. It seems R&D dollars are being taken from SAP Concur, too. Any rumors of layoffs in the coming months?
Anil Bhat is CTO? 🙏🙏🙏🙏 metricstream
If you give CTO to him this is what happens.When he gets a donkey chair, he gets himself in trouble and puts others in trouble. He screwed platform and appstudio already, again more power to him? https://images.app.example.com/UBKjcnZMG1euZcTF8 — read more
SME Organization Lay offs
Today was announced a new restructure on the Partner Organization, including the SME (indirect sales) area. 8 people already let go.. More to come
A new layoff wave is preparing now......
which region might be the first sacrifice? Emerging market countries might be the fisrt victims.
Layoffs in March?
There are more and more questions about possible layoffs in March. Are there any detailed insights to share? My resume is ready whether they happen or not, but still all this uncertainty bothers me more than ever. We experience continuous stress and... — read more
What do you expect after 01/29
So, SAP will release results for the fourth quarter of 2020 and 2020 year-end results on January 29 and I think we should all prepare for the worst (meaning layoffs.) Whatever the results show, I'm positive they'll find some reason why it is... — read more
This is the BEST thread on this site
SAP is like watching a Borat movie. Sacha Noam Baron Cohen should dress up like Hasso in his next film.
Expect a lot of layoffs with this company
Winter is coming - for sure. The overpaid 20x revenue Qualtrics acquisition and then 18 month later spin-off caused a huge loss. Revenue and margin targets were severely adjusted negatively and the market didn't buy it after the Q3 earning call... — read more
Looks like SAP laid off the wrong people
They should have laid off the Union Protected Germans instead of the Americans who actually generated revenue. Stock down 33%. 50 BILLION lost in value. ServiceNow taking market share... — read more
SAP Layoffs 2021
How likely is that there will be SAP Layoffs 2021? Any news or rumors?
SAP Cuts 2020 Sales Outlook Citing Covid-19 Impact on Demand
SAP Cuts 2020 Sales Outlook Citing Covid-19 Impact on Demand
Another restructuring?
I heard we are looking at another restructuring sometime soon, any truth to this?
Acquisitions
Looks like SAP is continuing its same strategy under Christian as Bill. https://www.google.com/amp/s/techcrunch.com/2020/10/01/sap-continues-to-build-out-customer-experience-business-with-emarsys-acquisition/amp/ Didn’t they just sell Qualtrex... — read more
SAP CLOUD CFO OUT
https://www.google.com/amp/s/www.bloomberg.com/amp/news/articles/2020-05-27/sap-cloud-cfo-mcelhatton-leaves-for-zuora-amid-executive-exits
Abdul Razack to leave SAP
Abdul Razack to leave SAP. Part of the overhaul inside of SAP?
SAP Found a buyer for their Digital Interconnect mobile business?
https://www.bloomberg.com/news/articles/2020-04-28/sap-said-in-talks-to-sell-digital-interconnect-unit-to-sinch
Payback for "no significant" layoff's comment?
We were not all that surprised at the move to reduce CEO's to just one and have it be a German and even Hasso's comment that this action was taken "earlier than planned" confirms that the co ceo role was just another short term SAP experiment. ... — read more
So much for that idea
https://www.theregister.co.uk/2020/04/21/sap_co_ceo_jennifer_morgan_departs/
From Co-CEO to Uno CEO
Did Jennifer Morgan just got laid off?
SAP to sell off it's mobile business?
How true is this news from Bloomberg? https://www.bloomberg.com/news/articles/2020-04-14/sap-is-said-to-explore-sale-of-mobile-network-software-unit
Looking very, very good...
SAP Shocker: New Cloud Revenue 4.5X Larger than License Revenue Posted on April 13, 2020 by Bob Evans As the COVID-19 slowdown gutted traditional on-premises revenue for SAP in March, the world’s largest applications vendor reported that Q1... — read more
did SAP buy from Elliott Management?
News from; https://news.sap.com/2020/04/sap-se-annual-general-meeting-of-shareholders-on-may-20-2020-to-be-held-as-a-virtual-event/ "In addition, SAP also announced that it has completed its share buyback program of approximately €1.5 billion in... — read more
Things are not grim...
Our pre-announcements are coming, SAP is the first in this Spring's earning season. Numbers are not grim but it ain't good either. IFRS Cloud Revenue Up 29% €2.01 billion €2.01 billion; Non-IFRS Cloud Revenue Up 27% €2.01 billion ... — read more
When do the 2020 layoffs start?
Usually they announce them in early April. Any word yet?
Not looking good SAP
Things are looking quite bleak. Too bad you laid off the best and brilliant for short term gains. They may have saved you. It’s all over now.