Any thoughts on this? Members of both the Executive board and the Advisory board attending. Seems odd that advisory board members are attending.
26 replies (most recent on top)
@42n Will do! I’ll create a new thread for it!
@OP Today is the day, please let us know how the meeting went..
Now that DA let the cat out of the bag, I fear the subject of the all-hands is clear.
I hope for the best for all American colleagues.
@2jd Two board members? Wow.
Everything will be good. The board is fantastic!
Well! They announced the “speakers”
Chair of the Supervisory Board
Cristian Klein
Muhammad Alam
Jan Gilg
Yaad Oren
With the rrst of the executive board attending towards the end for a Q&A.
@1mt seriously?
@1nn you're right and wrong...
You absolutely can fire people in FR but you have to pay them a minimum amount of money specified by law.
Big companies, usually, pay more than the minimum so employees can't sue them...
@11d you absolutely cannot fire employees in France. There’s a very strong works council and codified worker protections. You can pay them to resign but it’s a big sum.
Whatever happens will be good for SAP, because the board knows what they are doing.
They are the best. The best!
@1js Lets not forget about the supervisory board chair - in - waiting. That motherjumper just drops napalm instead!
These new boards members believe in nothing other than slash and burn.
@173 It is an Americas only call. Mid morning in EST.
@OP Does the time of day for the meeting align with just North America?
Don‘t worry. Trust the board. All will be well.
@100 I guess it all depends on the numbers for Q3.
The top 3 High cost dev centers are: US, Israel and France.
So these three centers live with the risk of getting closed if the numbers go bad because they're competing against low cost centers: Bangalore, Poland, Hungary, Brazil..
I don't think SAP can afford taking the risk of closing US dev center and keeping Canada dev centers open...Trump may not like it and create a Tariff specific to SAP (European company) especially because US didn't sign a deal yet with EU for the new Tariffs.
@100 I’m the OP and I think it is bad news too. The attendance of members from both boards doesn’t bode well. I saw the invitation and thought….Hmmm, the new campus in Bengalaru has just gone live - coincidence or not?
@ac if it was an acquisition it would not just be an americas all hands. it is bad news and the americas leadership wants the board to be there to take the blame
I doubt they even know what they’ll say. RISE with SAP is dead. Long live RISE.
Without superior product and most significantly AI capabilities, we’re as valuable as running shoes post Oktoberfest or Mardi Gras.
The beat down in Services continues.
The board is great. SAP is invincible due to the board. As long as CK is in power, SAP will grow and grow and grow.
In a few years SAP will buy Microsoft.
@eh SAP is so important to Germany that it will never let that happen (acquired).
SAP was also named the biggest company in Europe so EU won't let that happen either...
@c9 Be sure to applaud the board in the same way St-lin was applauded back in the day.
Oracle’s $30 Billion ARR big reveal.
SAP acquired and may have such revenue post ECC EOL.
Don‘t worry. You have a fantastic board. I would trust the board.
Probably bought out by Microsoft.
Qualtrics acquisition? Bwawhaha
@OP It might be good news and big investment announcement, partnership or acquisition.
If it was bad news they would've sent only HR to make the announcement.