Layoffs at SAP are extremely seldom. I have worked for the company for a long time and love my job there. The company announced this 'restructuring' at the beginning of the year and I think it is long overdue. We have acquired many smaller companies in the past few years and we never lay anyone off. We acquire a company... any of these new employees who are really talented and don't like the idea of the merger go somewhere else. SAP is left with a lot of employees that may not be the most productive or best fit employees that they absorb into existing roles and positions.
In my position, (non-manager) I have seen many such individuals just bounce from position to position never being productive and in all honesty they would have never been hired for the roles that they are in.
Getting let go from SAP for sub par performance is rare. You can get by forever just doing the bare minimum and in a lot of cases even less than that.
I for one think that laying off the under performing is an important function to maintain motivation, energy, and health within the company.
Where SAP is at fault is doing these layoffs from top down without consulting direct managers. Also, only doing this in specific regions is too limited. Do it more regularly, challenge the ridiculous workers councils, and do it fairly based on performance and contribution. Not age, not location, not cost.
SAP is still hiring people every day. If it were truly about money then there would be a hiring freeze.