What to expect ? Any surprises or the scripted one ?
32 replies (most recent on top)
@d3 Preach!!
Based on the comments I am reading, seems like SAP is operating on autopilot mode with zero leadership clarity and competence. The board mumbling ahhs and umms on layoffs in the call and people not keeping straight faces when announcing more restructurings ahead.
Dom As*am is probably the worst with his comments around SAP's or-l hygiene and gargling out colleagues as a part of his daily routine job. Where he opens up his laptop after his latte and morning jog, filters payroll salary from highest to lowest in his spreadsheet, and hits terminate in the top 20% of most expensive names.
@OP This is what a complete leadership vacuum looks like.
Gilg is a horrible leader. No surprises there though since he’s never led a revenue generating business unit in his life. Until we get a complete leadership refresh, this company will remain stagnant.
Either the board chooses to ignore how lame RISE internal processes or they can’t do anything about it. Nothing else seems to be a reasonable explanation.
Joule is the most d-mb tool ever. Worse than one developed by a kid. No integration, misses the most common info available.
And btw, Malm- he is a joke. No clue what the speed of innovation is - just moving hands randomly. Can’t keep up with the pace . J Gg - he has no clue what he is doing as “CRO”
T. Ssg- another clown , he says he got to the top cuz he fixed outlook issue once so learn something from me. He looks Bad breath too lol.
The most senseless meeting ever. No clarity. Nothing.
@OP SAP to acquire Smart recruiters.
Could it be the reason why some members of the board were present in CA ?
@hs best to read the thread. The meeting was incredibly vague.
Did anyone end up answering the question on what the NA all-hands call with the board is all about? Did they announce significant layoffs? Should I start looking externally for better pay and opportunities?
@fk I agree about Development. CS roles are very likely to be shifted to India too.
Boy oh' boy, RISE is getting such a bad rep in the sector. Cant believe how slow and expensive it is, nickel and dimeing out customers to death is not a great business model, especially when it's proven without a doubt that monolithic workloads like a SAP systems are factors more expensive to run in a cloud than on premise.
Oh, and who is better than SAP to run your SAP systems? The low wage consultants they hire last minute apparently!!
I think the whole of USA is now under watch for severe cuts. flying the supervisory board member for 15 min talk only means that they want us to know that these are big cuts and it is better for us to leave . All the talk that USA is important is only relative to sales and service. Development will be cut big time or not needed here. India and China can do it.
So get into customer facing roles if you need to be with SAP.
I would see Development in the US being shifted out to China and India. Cost of Development resources in US is far, far too expensive when compared to other regions.
I would also see parts of Global Marketing in NY ( where it is also one of the most expensive locations in US) and see more of Asam's Board Area to be downsized or moved out to low cost areas.
@er I think CK was referring to WebI and Crystal.
When SAP created SAC, they thought that it will replace WebI and CR but instead they have SAC, WebI and CR as reporting products with no solution to migrate WebI and CR to SAC...
With WebI and CR in maintenance only I'm curious how SAP can get rid of them...
The EPM space is a train wreck. One stream acquisition?
The SAP AI core and SAP Joule have had more than 5 DAYS of downtime in July. WTF 😳.
Is SAP going to acquire SNOW, META or Oracle to get our act together.
@ek CK has recently mentioned that SAP has products that are 5+ years old that would have been ki-led in under 3 yrs if they were created by a startup. Make of that what you will. An acquisition is possible, but I’m thinking more along the lines of products being culled (With the related job losses), and possibly a divestiture or two.
@ec I won't be surprised if there's an acquisition in preparation.
Maybe a decision/deal to be made in the US that requires their presence.
Which area do you think SAP is doing bad against the competition that requires an acquisition ?
I would put SAC on top of the list.
The Board was here because this will be ground zero for the layoffs - no need for all of them to visit a region which will not be targeted for downsize in the next 4 months.
Was just to get people thinking about what is to come and hopefully some will take heed and leave on their own in the next few months.
I’m not going to mention any of the content here. Just my thoughts on the meeting itself. It didn’t get off to a great start for me. As soon as I saw ponytail guy, I thought that it could only get better from here. How wrong was I, when Pekka wasted a whole lot of words, but actually said very little.
CK waffled and had the demeanor of 13 year old boy whose mom was asking him about the “special”sock that she found under his bed. He finally mumbled our something about restructure / reorganization, and it was onto Gilg’s bit, that was a case of WTF repetitive word salad
The CFO did his usual schtick, He is thoroughly reprehesible and cold, but we do some information from him.
I’ll finish with Gina…..Architect of our new culture and performance management process and all - round hardass! As another poster noted, she could barely look at the camera -must be so inspiring for the HR drones doing her dirty work to see her level of comfort with things!
Obtuse, confusing and leaves more questions than answers, I question the purpose of the meeting, Ponytail also ended the meeting 7 minutes early and ignored a bunch of questions!
I remember an entire MU that had not missed a quarter in 2 years.
Meanwhile the NA large enterprise teams were going full-woke, propping up chromosome resumes and evicting hard working Dads from their rightly earned roles.
They deployed Loretta and crushed it anyway..pathetic.
Why was the whole board there in the first place?
@a8 I don't think layoffs will be based on performance but rather product importance and sales.
The products that have the worse numbers will go first then the next ..etc.
In this game it's OnPrem products who have the worse numbers... intentionally because they're on maintenance only...and this is how progressively SAP will get rid of them...
If AI and Joule are so great - why can we run it!!! 🤬 30-hours of unplanned downtime in Frankfurt data center this month alone. WTF CK.
Get your d**k out of Asum **s.
@OP I know that some LOB’s are reviewing operations and looking for efficiencies in NA. Thesreviews will conclude in Q4. I think that we can bet on North America taking the brunt of the layoffs again.
I’m just wondering if it will be NA disproportionately contributing to the global 1 -2% figure, or will it be a larger percentage globally, and the NA bearing that brunt of that number?
The execs were very fuzzy and there weren’t many specifics at all. There’s definitely an element of rank and yank to this, performance reviews are also completed in December too.
@a1 Dominik was especially awkward and halfheartedly apologized for his "humans = tooth plaque to be scrubbed away" before not committing to a percentage (presumably to be the 2% value from before) and then launching into something about layoffs over time.
The next lady, who couldn't look the camera in the "eye" and kept turning her head away like she was lying and really bad at it, said probably Q4.
@a1 in the Q2 earnings meeting, CK and Assam mentioned 1-2% layoff globally.
But we don't know the sites and the targeted categories of employees...
@a1 It sounds like there will be, but CK was somehow even more incoherent and confused than usual - he seemed scared of Pekka. Guess the plan is to keep people im suspense and scare them off first so they don't have to pay for severance.
Halfway through and they're still mostly just going off about how great AI is without providing any details
It's fuzzy so far. Klein was talking about restructuring but not clear if he was talking about the past or the future.
@a1 Klein just said yes, there will be layoffs.
@OP I work with SAP… were there layoffs? Updates please