What happens to your restricted stock when you are laid off? Do you get the entire amount, forfeit any unvested amount, or somewhere in between?
Things changed so quickly
I went from actively recruiting people to join SAP to making sure to tell anybody who'll listen to stay away from this place within a year. How did we get where we did in such short time? Was this change really so quick or have I not been paying... — read more
Who thought this was a good idea?
SAP acquired 27 companies between 2011 and 2018. That's 3 companies/year. Getting that many apps, teams, and companies working together is just impossible. Even point to point integration is a nightmare because these apps were never designed to work... — read more
The first wave was just an appetizer
In 2009, SAP had 47,584 employees globally (31 Dec.) for a Total Revenue (IFRS) of 10,672 M EUR. In 2018, SAP had 96,498 employees globally (31 Dec.) for a Total Revenue (IFRS) of 24,708 M EUR. So in 9 years, the Revenue increased by +130% and the... — read more
The SAP acquisition playbook
This really sums up everything in just a few words! https://www.brightworkresearch.com/ahmedazmi/2019/05/04/the-sap-acquisition-playbook/
SAP/Cloud services in the mist
Astute Article by FT on SAP/Cloud services in the Mist **all copyrights belong to FT In mythology, people who walk into fog often fail to reappear. As German tech company SAP pushes further into the cloud, top employees are disappearing. The latest... — read more
'SAP’s Dystopia' (from https://e3zine.com/2019/05/03/saps-dystopia/)
(Sounds like SAP is a sinking aircraft carrier) Under Bill McDermott's reign, SAP is not doing so well, and is turning into a dystopia for customers as a result. What CEO Bill McDermott is currently creating at SAP is the direct opposite of positive... — read more
Any new parts affected by layoffs?
Keeping in mind that we’re a big company, with offices located worldwide,whenever I hear of layoffs I always get the feeling that there are more of them happening in some other “corner” of the company, and that that is in fact an organized wave. So... — read more
HANA
The HANA layoffs are what surprised me, I mean it never really lived up to any of the the hype and the claims of a "zero response DB" is complete BS. With the downright silly hardware costs and insane licensing costs, I think SAP is ready to fall on... — read more
The real story behind SAP layoffs!
The plan was set forth by Bjoern Goerke, chief technology officer and head of SAP’s cloud platform, that SCP will provide the integration platform between acquired SAP cloud apps ( SuccessFactors, Ariba, and Concur). Also, that SCP will provide an... — read more
Elliott, the most feared activist hedge fund around the globe.
Elliott has turned its tactics on corporate chieftains, becoming the most feared activist hedge fund around the globe. Last year, the $35 billion fund subjected 24 companies to its demands — far more than any other fund. And while it might be the... — read more
Goodbye to Analytics team
In my region, entire Analytics Specialist team is eliminated except for one foreigner, after the merge of the Analytics team with the DDM Database team. Then the only one foreigner resigned to join a partner. So we no longer have any Analytics... — read more
SAP HACKS MADE PUBLIC
50000 customers at risk. This is what happens when people are not treated fairly or with basic human decency. https://www.google.com/amp/s/uk.mobile.reuters.com/article/amp/idUKKCN1S80QD
There is a lot of fat in SAP
There is a lot of fat in SAP: people who spend their time just networking or creating confusing powerpoint, management travelling around the globe in business class for no outcome, etc. If Elliott can streamline SAP's organization, it will have a... — read more
The spirit is gone
I just want to unload a tiny bit here as I am noticing multiple changes in culture, worker engagement and the overall approach towards the work and SAP. The latest round of cuts, the way how cuts got conducted, the selection criteria, etc. crushed... — read more
Elliot target SAP. The background and big picture
https://www.google.com/amp/s/diginomica.com/elliott-management-targets-sap-the-background-and-big-picture/amp/
401K question
Question that's been on my mind - even if I haven't been laid off yet. What happens to 401K after layoff for people who have been with SAP for less than three years? Do they get the money that has not vested yet or not? Any info on this would be... — read more
SAP Concur president and chief product officer depart.
SAP says the restructuring is to re-balance employee skills. To remove useless employees with new ones with hot skills If that's the case, why axe so many top executives? Why would any company axe their CTO and top product people across the board?... — read more
Age discrimination lawsuit
Anyone filling a class action lawsuit? SAP has a clear policy to fire older workers based on age alone in order to hire younger people so they can appear being hip, trendy, cool and young. It is part of their corporate strategy and clearly... — read more
So Elliot buys less than 1% of SAP stock and they now call the shots?
As a lowly tech worker, please help me understand this, how does a vulture capital firm now essentially runs the company by buying less than 1% of the stock? Is SAP's board and CEO really so weak and clueless that they need Gordon Gecko to tell them... — read more
How long before being able to start a new job?
I'm not sure how new employment works in regards to severance - is there a time frame that has to pass before a person who has been laid off can start working at another company? I mean, without risking their severance package? Is there any... — read more
Thank you Developers and Product Managers
I am moving on from SAP. But I want to first thank all the R/2, R/3, ECC developers and product managers of the entire suite. You made the SAP product that was excellent German engineering, integrated, functioning, and gave SAP a loyal following of... — read more
Elliot Associates and the new SAP
Perhaps there is some pressure to show a clear path forward just before the SAP Q2 results. Some interesting articles popped up with ‘perfect’ timing! https://finance.yahoo.com/news/sap-initiates-comprehensive-review-accelerate-050100988.html... — read more
This will not work
I wonder when will SAP leadership realize that laying people off in droves is not a good business strategy? That it is something that provides a short-term bump in profits but ends up destroying the company in the end, which results in no profit at... — read more
Stealth layoffs will always exist at SAP
When the management teams noticed that the numbers are not meeting their expectations, they will consult with the incompetent and unethical HR teams to come up with a "right sizing" strategy. They will cut the long term, fully competent employees... — read more
Round 2 confirmed for July
Since numbers were not hit in Germany due to works council rejecting layoffs, SAP has approved another round of 1500+ in Q2. Target areas are high cost ( US, Canada, UK).
SAP does not believe in employee development and re-training
SAP does not believe in employee development and re-training that would help them grow and expand within the company. The only type of fluffy training they are offered are skills such as lean and design thinking. Just take a look at the performance... — read more
Great news about HANA!
"SAP has realised that it needs to shift its strategy and their priorities," analyst Josh Greenbaum of Enterprise Applications Consulting told CMSWire, adding that HANA is no longer a differentiator in the enterprise marketplace. One part of the... — read more
Stealth layoffs?
Is it possible that stealth layoffs are still happening in different parts of the company? Given there are multiple worldwide locations SAP is almost idle to perform that kind of strategy by the leadership. I would like if people reported were there... — read more
Rumors that SAP is restricting HANA to BW and certifying S4 on AnyDB.
I keep hearing rumors that SAP is about to announce they will certify S4 on Oracle and IBM databases. The feedback from SAP services and partners is that migrations are way too complex and expensive because of HANA architecture and that finally SAP... — read more
Layoffs are flagged in the system
Sure anyone can apply for anything but you won’t get hired....unless you are well connected. SAP has imposed a 2 year wait for all impacted before then can be hired (even as a c-user). In 2015, it was a 1 year wait. If it truly was the roles/jobs... — read more
Callidus folks are quitting left and right
Is this normal? As soon as the RSU’s were paid out, it was a mad rush out the door and now it is a ghost town here. Do they know something we don’t? Not just leadership team, it seems like almost every director and manager and even rank and file are... — read more
Reapplying for a job
I heard one of the laid off guys was told he can reapply at SAP - pretty much immediately. If this is true, I can't understand why this would be a thing. Why would you lay off somebody just to invite them right back in? What exactly is SAP achieving... — read more
Stepping away from HANA
The level of people they cut at from HANA at SAP, from Lukert to rock stars like Thomas Jung, signal a real step away from HANA to anyone who is watching. They also made S4 much to difficult for established SAP users to migrate to, it's way too much... — read more
Rob Enslin joins Google
https://www.zdnet.com/article/sap-veteran-robert-enslin-joins-google-cloud/
Why there are attacks and fishing for information on a layoff board...
Folks, if you're wondering why the heck the posts on this SAP layoff board (and Oracle's) have veered way off layoffs and turned into a dump of mean-spirited accusations, distortions, and attempts to fish for information, keep this in mind. There are... — read more
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Be careful what you post.
Severance Packages question
Packages were sent out around April 1st. For workers over 40, they contained the age and job title of those affected and those not, in accordance with the OWBPA. Stupid question, how are they able to provide this list on April 1 if employees have... — read more
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... — read more