Thread regarding SAP layoffs

@a4 last US VERP was end of 1Q2024.

@OP I can confirm the legal tricks the company uses to get rid of you, and to not pay you anything. The biggest tool used is performance evaluations, even when you dispute them following internal procedures for example if the negative outcome was part of retaliation. The new performance management in place, will make this process easier. To be able to get some money in compensation for your time working with the company, you need to get legal support. The lawyer told me how dirty they were playing even after agreeing to something and then day after day trying to sabotage the agreement in order to not give a single penny. Lastly, I will say CK didn't mention no layoffs explicitly, he just mentioned his focus is in investment right now. He framed layoffs (without using the word) as a potential outcome of the “optimization” and “improvements” due to AI.

I am happy to leave if they give 1 month for every year of service .

Severance is a tool to avoid being dragged into legal battles. You sign away your right to sue for a severance.

We are “at will” employees in the US. They aren’t legally required to give us anything. Severance packages generally require you to sign away your right to sue for discrimination.

VERP was offered in the USA as recently as 2023 if I recall. Before then, VERP would come around regularly - every 3 or 4 years. It is not as generous as the European VERP. It’s more of a slightly enhanced regular severance. I’ve seen some German colleagues stay on payroll for what seems like over a year after VERP.

It is really up to the CFO to recommend VERP - with the board’s blessing.