Thread regarding SAP layoffs

UPDATE : SAP now faces Expanded Department of Justice Probe on Price Fixing

ZACKS, is reporting that SAP along with its Partner is now facing an expanded investigation into the Price Fixing allegations. The investigation reveals that almost 100 Government agencies were sold products from SAP National Security Services (NS2) involving 2 Billion dollars in sales.

Also now included in the widening probe is Accenture ( Accenture Federal Services) who was a subcontractor to SAP NS2. Zacks reports that the expansion into the investigation underscores the "serious risks" both SAP and its partner are facing.

Earlier this year SAP, under a different investigation by Dept of Justice, had to pay $220 Million dollars for schemes involving Bribery charges to Govt officials to obtain valuable Govt Business in South Africa and Indonesia.

What is this company turning into?? This is becoming an embarrassment to say we even work for SAP. Has it really become that difficult to make a profitable sale that Sales Org has to rely on Bribery and Price Fixing??

https://finance.yahoo.com/news/sap-reportedly-faces-expanded-doj-143300973.html

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| 2102 views | | 11 replies (last October 22, 2024) | Reply
Post ID: @OP+1uW9JFzk

11 replies (most recent on top)

More layoffs and more jobs to India ,china, Latin America. At the end, American consumers must stop this type of behavior from CEO. For every out sourcing job, company has to pay 3 years of salary similar to Switzerland, Germany . Otherwise penalize the outsource service tax for any corporate company who ships the jobs to other countries and bring them as slaves on Immigration

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Post ID: @blhd+1uW9JFzk

SAP is so frugal to their employees specifically in US. When they announce, first cut is US. My management told all co-k and bull stories that I am the only one supporting the solutions from Solution experience which is true. At the end , I got laid off and unable to find any position relevant to My SAP experience. I went to AWS certification and still it is so bad that there is nothing working for me. SAP management is f***ed me so badly and the leadership is bullsh-t. They don't give quality products and always try to outsource and don't know what customers want. Now a days in cloud market there are better solutions than SAP that customers may prefer except S/4 HANA

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Post ID: @afmr+1uW9JFzk

@1rcl+1uLVXvuH

Bumping this post forward, it really spoke to all what is wrong with SAP and until there is a change in Leadership, we will see no changes

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Post ID: @4hxa+1uW9JFzk

I used to work for SAP. I was always worried about losing my job. I was reassured by management that I would be fine many times. Then I got laid off. I'm fine now. In fact I'm much better off.

I hope SAP management sees this and knows that many of us former employees keep in touch. Our group texts consists of former and current employees who are all celebrating you finally facing justice.

Wait until everyone sees whats next!

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Post ID: @3emb+1uW9JFzk

SAP PAC must be putting in overtime this year

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Post ID: @3bgq+1uW9JFzk

Apparently, this method of operating the company where we violate laws and ethics is OK with Hasso, as he makes no changes as a result of these actions.

Time for some big changes at the top as to who all is running this company.

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Post ID: @3jqg+1uW9JFzk

@1ipx+1uW9JFzk

Great question! It may come down to the federal government’s rules around the level of operational autonomy for technicall , US corporations, like NS2.

I imagine that there has to be zero inteference in day to day matters, Including contract negotitions and pricing. It could be super-strict, but this wouldn’t absolve SAP of blame or responsibility. They could / should have ensured that policies and procedures were put into place to prevent this…..I know, I know, this would have required planning and telling sales leadership to butt out and shut up). it needed to be more than a bunch of lackluster anti-corruption video-trainings. It would’ve also required review and adjustment of the existing framework to prevent these occurrences……..A big ask because there seems to be no appetite to enact meaningful change here.

What I don’t get with all of the reports and cases I’ve read is…..Where the he-l was the internal comnpliance / legal review of each deal? There’s obviously a paper trail and it wasn’t uncovered (DOJ excepted).2025

One glimmer of sunshine is that SAP has an absolutely enormous number of examples of real-life, problematic scenarios to feed into an AI model for future in-depth deal and compliance review (One that wouldn’t require additional data from external resources).

I’m aware that a lot of this didn’t happen under his watch, I am just wondering at what point does CK (Unlikely to) or the Supervisory Board decides that the buck stops with CEO?

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Post ID: @1esb+1uW9JFzk

How can such a small entity of SAP wind up costing the company so much?

Exactly who was responsible outside of this group ( NS2) but within SAP Leadership for overseeing what they were doing? Does anyone know?

Especially since this overcharging scheme was going on for 10 years. Doesn't speak well of the company.

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Post ID: @1ipx+1uW9JFzk

Since we're playing all of the hits, who can forget this golden oldie...

https://www.justice.gov/opa/pr/sap-admits-thousands-illegal-exports-its-software-products-iran-and-enters-non-prosecution

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Post ID: @1rgr+1uW9JFzk

With all of these investigations by DOJ, next year of course our HQ will be operating out of Alcatraz.

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Post ID: @cgf+1uW9JFzk

Think of how much Gross Revenue we had to take in in order to get enough Net Profit to pay $220 Million Penalty/Fines.

Not knowing what products all these govt agencies were buying and realizing that CK is pushing the company hard into the Cloud space where the margins are a fraction of the ERP biz which he wants to shed. I might use a Profit Margin of 25% ( which is speculation) but at this number, we have to have gross revenue of almost 1 Billion to get $220 to pay the fine and also take a stock dividend reduction. What a waste.

Whatever the case is , we are "giving hard earned" money away with this type of behavior. This is pretty bad stuff. Can't wait to see what we do next year. so as to beat the penalties we face this year!!

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Post ID: @nkk+1uW9JFzk

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