If the true plan is to get 2/3rds of the affected workers to get other jobs in the company, why aren't they stopping external hiring?...
Smug and Callous
Watching the All Hands it seems Christian Klein cares very little about the employees at SAP. He callously announces 8000 layoffs and smirks when someone dares to challenge him with questions. People who are close to retiring who may be effected ask... — read more
Articles in German newspapers
Just use the Translate option if you don't speak German. Would be good if it went... — read more
Punit Renjen - what we know and don't know about him.....
I am the person who posted the youtube link the other day on Punit Renjen's ET interview and also posted some feedback from my team's private call we had yesterday. On some more reflection. I began to think about what we know and don't know about... — read more
All fog, no integrity
At this point I firmly believe that top mgmt in most companies derive some type of strange pleasure from complete and utter disrespect of employees. They want to restructure, so they sack people? That is ok with me. They want to cut costs, so they... — read more
$220M bribery fine/$150K salary = 1466.7 jobs
$150K is a rough estimate, but the point is made. Who will be held accountable for this, and why will leadership not speak of this obvious consequence?
A new day it is !!
Well now the curtain has opened and we can look behind to see the real story. We can all now say with confidence that this whole plan was carefully orchestrated by Renjen who was providing the gameplan to CK and the other so called Executive team... — read more
Everyone should be using this time to look for another job
or looking to creating your next opportunity outsider Its that simple, SAP doesn’t owe you, and you don’t owe SAP anything… Use SAP resources to work for yourself.
CFO literally just said...
We've increased shares and benefits for employees, but if we look at [[financial stuff about share price and value for shareholders and etc]] that obviously was not a good investment. It wasn't worth the money spent. He said that out loud to an... — read more
I never thought I would ever write this…
… but looking at Christians performance, I wish we could have Bill back. SAP should sell off Signavio (it was never integrated properly anyway) and merge with ServiceNow. Give the boot to Christian and reinstall Bill. Sheesh, at the time I thought... — read more
SAP plans job changes or buyouts for 8,000 employees in restructuring plan
SAP announced a restructuring plan that will affect over 7% of SAP’s workforce of about 108,000, but headcount should be the same by year end, the company said. Management is looking to accelerate growth, partly through artificial intelligence... — read more
I just hope it's done soon
I joined SAP three years ago after being laid off from my old company. What I remember the most is the wait. It took them a month from the announcement to finally get it done, and that month remains the worst and most stressful of my life. When it... — read more
North America Early Retirement
Does it include payouts? Is it similar to severance pay? Appreciate any experiences that you can share.
Layoffs will begin in April
Assuming due to bonus payout. From internal FAQ: (3) Which countries/Board areas/teams are particularly impacted? At this point in time, we are unable to share specific details on the impact at Board area or country level. (4) When will impacted... — read more
Let’s follow the lead of Brittany Pietsch
ICYMI, a Cloudfare AE recorded and posted her firing online. Let’s see how SAP “rises to the occasion” of being the “people-centric” organization it touts itself as and follow her example. If you get a 15 minute meeting request from HR, get your... — read more
layoffs yet
come back to the office, so you can get fired in person, just like the old days. This comes with a 20% increase in cloud revenue...... corporate greed just blows my mind.
And the news is officially out in the open!!
Latest media report updated - January 23, 2024 at 10:26 pm CET Check for yourself and evaluate: .. — read more
Breaking investor news - 8k layoffs
Info went up for investors, around 8k positions affected by the restructuring https://www.sap.com/investors/en/financial-news/ad-hoc-news/2024/01/2690989.html
About Klaus Hergersheimer…
There is no Klaus Hergersheimer in SAP. Klaus Hergersheimer is a villain in the James Bond movie „Diamonds are forever“ and his main occupation was dealing with radiation shields. Apparently some id--t is having great fun dropping this very German... — read more
Hey Punit, isn't it about time??
Isn't it about time we heard from Punit Renjen as to what his vision for SAP.is? It's not as if he will come in completely new to SAP this coming May, but rather he has been Deputy Chairman since last May.! So, it would be a nice introduction... — read more
Tuesday 23 Jan: Sick Day
In case you haven’t heard, Tuesday (today) is an organized sick day.
RTO: Office space and pre-Covid hire agreements
While it seems there is some momentum in the RTO mandate (except living more than 40 miles/64km from an office) there are some things that SAP can’t address without significant financial investment and/or major legal issues. Issue 1: Those who were... — read more
So Wednesday is the day?
I guess after the 2023 earnings call we will start having an idea about how many of us should start looking for a new job? There have been so many different numbers and percentages going around. Given the industry state I am expecting nothing short... — read more
Jan. 24 All-Hands Bingo!
Someone has to do it. To start: Cloud Wevenue (revenue) Gwowth (growth) S/4HANA Pwivate (private) cloud Public cloud Mid-market 2027 Maintenance Partners Ecosystem GTM/go-to-market BTP Organization .. — read more
Letter To The Board - WFH
There is a letter created to the board members of SAP to continue to support WFH. You can find it on SAP Build Zone Work and search for "Letter to the Board" if you would like to sign it. So far were are a little over 3K signed. Hopefully, we can get... — read more
Wink Wink... Nudge Nudge
more of this ugliness to take with you into the weekend... https://www.handelsblatt.com/technik/it-internet/softwarehersteller-unruhe-bei-sap-belegschaft-fuerchtet-stellenabbau/100008112.html In German... so get your translators going...
Layoffs? It's all in the numbers
Is SAP an overstaffed company? Let's see. The comparison of SAP to other similar Tech Best in Class Fortune 100 companies in terms of "Revenue per Employee" comes out very unfavorably. for SAP . It's a metric which measures how productive... — read more
Scott Russell
Am I the only person that finds Scott to be more than little shifty? He’s all faux enthusiasm and jargonese.
Investor Call on the 24th
Can someone please post how to get the dial in link for the external SAP Financial Results call on the 24th? Thanks!
I wouldn't mind being laid off
I'll even volunteer if there is really a round this week, although I doubt there will be. We would have heard something through official channels by now if it were true.
Any early retirement in the USA???
Is it all layoffs or will the USA folks also be offered early retirement???
Layoffs Starting This Coming Week in NA
I’ve heard from multiple VPs that layoffs will start next week. My boss usually doesn’t make 1:1s private but she set a private 1:1 set for Friday - the day SAP usually will lay people off. Has anyone else been invited to “private” calls next week? ... — read more
Return to Office - Much to do about nothing???
Who is this RTO really going to apply to anyway? Are we all getting heartburn over nothing? I have been at SAP for more than 20 years and I have yet to see any policy which was even 25% adhered to. Let's see.......We had travel restrictions... — read more
Let’s Unionize - SAP North America
We have all seen how the German employees are protected via their union (workers council). Why don’t we organize to protect employees in North America?
RTO efficiency gains will offset bribery fines
https://www.wsj.com/articles/sap-to-pay-98-million-to-sec-to-settle-bribery-charges-f1f7cc82
Bloody brilliant!!!
https://www.bbc.com/news/business-67940748.amp On your way back to the office, put some cash in the till
Hmmmm....
Interesting. It would appear that some comments posted on this site are disappearing....