Queue more layoffs to compensate.
13 replies (most recent on top)
@ah Yu need to do what HRBP asks
@e1 Don't worry. They're propping the share price back up now. It's in the works.
Sometimes I feel that our executive board actually manipulates the share price.
When they get their bonuses, the share price is at all time high so they get a better deal.
When they want stock buybacks, the share price is at an all time low so they get a better deal.
How low do you think the stock will have to go before everyone wakes up to the reality that massive layoffs are coming. You think they are paying CK, DA and McKinsey millions to do nothing? Is there some groundbreaking innovation that will reverse the stock slide? That’s a firm NO! The market demands a response so they will go to the well once more - but even bigger. Doing nothing never results in stock rebound but you can bet announcing a phased layoff of 30k employees over 3 years because of AI efficiencies (haha) will. You really think they’ll do nothing whilst the stock has declined over 30% in the last 6 months? If not layoffs - what then? There is no acquisition that is significant enough to goose the stock price.
@cx Absolutely. We should aim for more than 90% trust in SAP leadership. Because the unfiltered survey is rigged.
Areas and teams giving less than that always find themselves with lower budgets. And employees that give a lower rating will have lower performance ratings and could get laid off.
Look at what they do in India. Your compensation review is directly related to how you rate your manager in unfiltered.
In Germany, the share of people living at risk of poverty has increased to 16%, up a percentage point from the year earlier.
https://www.dw.com/en/germany-news-13-million-living-at-risk-of-poverty/live-75779558
We need less layoffs. And we need to reduce the money going to millionaire executives. Or the economy will get worse. And the stock price will go lower.
Will the stock rise if we express confidence in the board, for example in the survey?
@ad I thought Joule was based on US-vape company. You’d have to be vaping to believe the AI value story.
More needful doers will cause the stock will go up
We don't need a works council. they are useless anyway. You only need to do what your manager tells you and everything will be fine.
@a8 Then the board will just fire half of the works council as they did with P23 layoffs. No one can stop SAP board members.
Lol the stock isn't going over 200 again unless SAP makes Cloud features a higher priority than AI slop Joule.
Do you know that fanboy Christian decided to call it Joule as a respectful recognition to Musk who called his company Tesla?
The works council will not have that.