There's a rumor circulating on Reddit that SAP is preparing another round of layoffs in Q4, (Mt Fuji). The posters claim this round will be larger than the previous one, with employees in highcost locations being the primary targets, although lower-cost locations could also be affected. Now this, can be a troll but given what I am seeing here on layoffs.com I am certain they are getting ready to do something.
Previous layoffs were typically announced around February earnings rather than at year-end so this makes me skeptical.