Thread regarding SAP layoffs

You will never have job security in any US Corporation!

You will never have job security in any US Corporation! SAP is not much different than other large companies. The only protection for SAP employees is in Germany where the Works Council protects most of their employees. However, this restructuring goes a lot deeper than bringing in new talent and flushing out the older workers. Bill is only focused on stock price so he will continue buying cloud companies since SAP got into the game far too late to compete. The only people who have true job security are those who are self employed. When you have your own business it is very hard work but it is 100% up to You to succeed without depending on others.

A simple post, but it couldn’t be more true. Original poster is @YxyqzJz-uvj

by
| 1813 views | | 5 replies (last April 18, 2019) | Reply
Post ID: @OP+YxqCAJa

5 replies (most recent on top)

Does job security exist in US at all? You can be laid off within an eyeblink

by
| | Reply
Post ID: @2rli+YxqCAJa

The interesting question is why McDermott feels the urgent need to right now comment in any media channel that dedicates time???

That says something about Enslins and Leukerts reasons to depart from SAP.

by
| | Reply
Post ID: @1uut+YxqCAJa

BERLIN (Reuters) - Europe's largest technology company SAP aims to more than double its market value to between 250 billion euros and 300 billion euros ($282-$338 billion) by 2023, Chief Executive Bill McDermott told a German newspaper.

McDermott said SAP's market capitalisation had increased to 140 billion euros (£120.7 billion) from 45 billion euros since his tenure as CEO began in 2010.

"Measured on the market valuation of pure cloud service providers, we have potential in our portfolio for a further 90 billion euros in market value," he told Thursday's edition of Frankfurter Allgemeine Zeitung newspaper.

"By 2023 we plan to increase the market capitalisation to 250 to 300 billion euros," he said.

by
| | Reply
Post ID: @1jlf+YxqCAJa

The days of McDermott are counted too.

MENE MENE TEKEL UPHARSIN

by
| | Reply
Post ID: @ygd+YxqCAJa

Post a reply

: