Thread regarding SAP layoffs

More than 5.000 employees in Germany want to leave SAP

Applying for early retirement and voluntary program closed on 05/31

In German
https://www.handelsblatt.com/technik/it-internet/softwarehersteller-mehr-als-5000-mitarbeiter-in-deutschland-wollen-sap-verlassen/100043258.html

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Post ID: @OP+1sTPiHO0

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The maximum was 40 months of salary for those with 28 years of service. Although I doubt that those will be able to get a new job easily right away. At that age, getting a new job in IT in Germany is a pretty fruitless endeavor. Easier to change to gardening, street cleaning, McDonalds or such…

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Post ID: @crz+1sTPiHO0

the works council in germany is very strong. the package available to people getting VERP is so good that they literally said people would be crazy not to take it. some people could be getting 2 years salary, and able to get another job right away. free money and a chance to exit this tech dinosaur

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Post ID: @vvp+1sTPiHO0

Dusseldorf. The restructuring of SAP could result in significantly more jobs being lost in Germany than previously expected. According to information from Handelsblatt, 5,300 employees have registered for the Dax group's severance pay and early retirement program. The deadline expired at the end of May.

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Post ID: @hjj+1sTPiHO0

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