Therefore there is no need for layoffs.
We are safe.
No need to worry.
9 replies (most recent on top)
@OP the day before the call it felt 6%, the day after up 6%. Total change: 0.
Where (if anywhere) are CK and the aerospace tooth flosser accounting for - now that projections extend into the early 2030’s - potential lost maintenance revenue and customers still running on ECC6?
If my understanding is correct, those customers pay a premium for non-general maintenance from 2028-2030, then have to “adopt” or duct-tape in this SAP ERP private edition lifeline to ANY support. What am I missing?
https://www.cio.com/article/3816887/sap-throws-a-lifeline-to-large-organizations-with-new-ecc-offering.html
@a8 2 billion is Chucks salary, but no one dares to lay him off.
Read my hips: there will be no layoffs.
@ak will go down again by 2-4% in the coming week. Basically many have upgraded the evaluation to "buy" but downgraded the valuation. For 150 EUR, the share price is still overvalued and will probably settle between 85 and 115.
@a9 down 6% in advance of the call, up 6% after the call.
SAP “has launched an AI transformation program targeting around €2 billion in cost efficiencies by the end of 2028, equal to 15% to 20% of addressable costs.”
This figure is framed as cost efficiencies driven by AI across the business, i.e., effectively savings versus what SAP would otherwise spend.
You are all like turkeys voting for Christmas. Where will these savings come from, I wonder? Costs to SAP are leases, payroll, litigation - it's not as if we have factories or raw materials.
you didn't listen the investor call - 2 billion in savings from AI - that means you being laid off.
It seems that sudden large layoffs are not necessary if the stock is above €150. However, the tooth brushing 1-2% layoffs will continue.