Thread regarding SAP layoffs

Layoffs in India

There’s a news article in India that talks about both SAP and Novo Nordisk cutting jobs.

For Novo, the reason is likely because India approved Ozempic (semaglutide) for adults with type 2 diabetes. For SAP, it’s the 1-2% cut to get rid of the dental plaque.

Can someone please share which teams are affected?

Very recently, CK lied about hiring more people in India to work on AI and now this. Can’t really trust the board’s words - I rather pay attention to their actions.

https://timesofindia.indiatimes.com/city/bengaluru/sap-novo-nordisk-job-cuts-hit-india-employees/amp_articleshow/124296836.cms

#Layoffs #India #Rumor
by Anonymous
| 4411 views | | 11 replies (last October 6) | Reply
Post ID: @OP+1k6qtw5kp
Comment! It's anonymous!

11 replies (most recent on top)

This discussion who is the modt productive - Americans, Indians, Europeans - is pointless.

Chuck Norris is the most productive.

by Chuck Norris
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Post ID: @gw+1k6qtw5kp

@ar if they bend to the current U.S. administration, then they are truly d-mb€r than a wagonload of @$$h01€$.

by Anonymous
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Post ID: @fw+1k6qtw5kp

@ar+1k6qtw5kp
is it more across the globe for SAP or primarily targeted for US to start with

by Anonymous
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Post ID: @fv+1k6qtw5kp

Yes , India is the right place to layoff people. Europeans are way more productive.

by Anonymous
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Post ID: @ea+1k6qtw5kp

@cc+1k6qtw5kp Indian forever - An an indian, I must say you are an |D|0T of the highest order and a d-mb @$$#0|e, without any sense at all. If you are psedo using "Indian forever" name to defame india then you are a horrible person as well!
This place is for serious conversations and not for spammers like you, CK-Fan and Chuck Norris...You only live in fakery and anonomity and have no power in front of others in real life!!

by Anonymous
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Post ID: @e8+1k6qtw5kp

@d3 That is not true. Trust the board. They will do what is best for all of us.

by CK-fan
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Post ID: @d4+1k6qtw5kp

Last year, SAP matched a higher percentage of OWN SAP from October to December. This was only to boost the share price at the time. Otherwise, CK Chuck Norris and his board would not receive extra bonuses. It's unfortunate that the Supervisory Board and Works Council allowed CK and the board to make so much more money last year despite firing people and removing workers' rights. Now we have to deal with this sham Performance Management and changes in MOVE and other programs only designed to encourage employees to leave.

by Anonymous
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Post ID: @d3+1k6qtw5kp

Trust the board.

by CK-fan
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Post ID: @cy+1k6qtw5kp

@at October 22nd is Q3 earnings call.

https://www.sap.com/investors/en/financial-documents-and-events/events.html

by Anonymous
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Post ID: @c6+1k6qtw5kp

@ar where do you have this info from?

by Anonymous
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Post ID: @at+1k6qtw5kp

You'll need to hang tight until October 22 for the big layoff announcement. It seems like that's the only way CK Chuck Norris and the board can boost the stock price and snag better bonuses for themselves. From what I've heard, it's way more than just 1-2% a year. Plus, there's a lot of pressure from the US Administration, so you can expect fewer layoffs in the US but more in Europe, Asia, and other regions. The BRICS countries are going to take a big hit, with India likely losing the highest percentage of employees to keep the US happy.

by Anonymous
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Post ID: @ar+1k6qtw5kp

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