Thread regarding SAP layoffs

200% increase in board bonuses

In 2024, Christian Klein, the CEO of SAP, received a total compensation package of approximately €19 million ($19.9 million), which included significant bonuses tied to the company's performance and share price increase. This amount marked a 165% increase from the previous year, reflecting the company's strong performance in the AI sector and overall growth.

One of the reasons given for regular layoffs is that there’s not enough money at SAP. The main reason for cutting benefits and MOVE SAP is that there isn’t enough money. And in March, there will be a lower salary appraisal for everyone because there isn’t enough money and because performance management makes it easy to pay less.

Despite this, the board is negotiating with the supervisory board about increasing their bonuses for 2025. To give you an example, CK is supposed to get €23 million for his “exceptional work” in 2025 which is a massive 200% increase compared to 2023.

This is despite the fact that the stock price is plummeting to less than €200 by the end of the year.

This is redistribution of wealth from the poor to the rich. Call your supervisory board members and ask them to stop this. The board should get a pay cut and lower bonuses. And the money saved should be used to give salary appraisals to employees.


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| 2846 views | | 13 replies (last November 19) | Reply
Post ID: @OP+1ka82cq6n

13 replies (most recent on top)

@k3 search sap discord. Your name and image is doxxed. Absolute id--t

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Post ID: @kk+1ka82cq6n

@gh, check with your contacts on the supervisory board. Just ask them, and you'll find out. They'll probably spill the beans just like they did with CK's 19 million bonus. Honestly, I think board bonuses should be linked to actual performance over time and should be based on RSUs. If CK and the board had a steady stock price increase for, let’s say, 3 years, they would have made more money, and these RSUs should only mature a year after hitting that target. This would motivate them to really push for the company's success.

But instead, they get cash right away and then bounce to another company for a bigger paycheck after getting their cut. Plus, this cash grab cuts into the budget for employee salary appraisals, meaning employees will end up with no increase or only RSUs instead of real pay raises. It’s such a messed-up situation, and we’re stuck here because the supervisory board is letting the board sc--w over the employees.

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Post ID: @h8+1ka82cq6n

@OP What's going on with SAP share price this week ? It's free fall !

Any idea about the cause ?

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Post ID: @gr+1ka82cq6n

People do not care anymore... demoralised continuously by a board that cares 0 about employees. I am really hoping to be let go with a fair package with the next round of theet brushing

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Post ID: @gq+1ka82cq6n

Where is this info on 200% increase coming from exactly?

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Post ID: @gh+1ka82cq6n

@d3 careful now. If you write about CK, you’ll see his fans in full force steering away the conversation with chuck posts and Indie forever posts and all that.

CK knows he won’t last long. That’s why he took 19 million in bonuses last year. He would have been replaced in 2025 but he prevented that by getting rid of his successor Juergen. He’ll take his 23 million bonus before leaving the company. That will ensure that there isn’t enough cash for employee salary appraisals. And the toothbrush will likely replace him.

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Post ID: @eq+1ka82cq6n

@d3 I agree when Rene Obermann joins the supervisory board next year things will change. If he becomes Chairman as planned in 2027 and hockey stick growth is not there then I think we are looking at a complete new executive board.

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Post ID: @d7+1ka82cq6n

@OP

Won’t be long, CK will be out when stocks decline.

When you are CEO it’s either up or out!

Nobody takes this clown seriously. Especially Germany.

Cutting jobs 10% is easy, innovation is hard.

10% staff cut -you meet your 8% increase for stocks, this is why companies do this.

Ask Apple.

That’s Innovation. No job loses.

Ask Buffet, no job losses.

Act like a dummy, you get dummy results.

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Post ID: @d3+1ka82cq6n

The share price on XETRA will be below €200 before the Q4 quarterly earnings call. I wonder who CK will blame for this.

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Post ID: @c8+1ka82cq6n

@a1 Don’t forget those omnipotent share buybacks to inflate their EPS metrics
• shrink the denominator (# of shares outstanding) to inflate the fraction overall whether the numerator (earnings) is barely increasing or even decreasing.

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Post ID: @by+1ka82cq6n

@as Yes. We should shut up and give the best unfiltered ratings to our corporate overlords.

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Post ID: @bn+1ka82cq6n

But if we don't give those at the top all the rewards then the punishment beatings will continue. They can keep the gravy train rolling for long enough for them to cash out and never have to care again whilst we will be left with the ruins of a once great company destroyed by constantly chasing the next hype train rather than leading with innovative products. This is the story of most giant tech companies, some have done it better (apple, microsoft) and some just as bad (IBM were looking at you)

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Post ID: @as+1ka82cq6n

Wtf are you smoking?

As long as CK initiates massive layoffs to bring the share price up and gives high dividends to shareholders, they won’t care. And this will allow him and the remaining board members to get the 200% bonus. The supervisory board doesn’t have the rights to stop this. And even if they did, they won’t. They’re too scared of CK and the board.

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Post ID: @a1+1ka82cq6n

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