To those who were laid off today, what does your severance package look like? And when is your official last date? (for payroll and returning equipment etc.).
Looks Like Lakemary Fl
Looks like if your in BI in the Lake Mary office ...gone.
This is wide-spread
This layoff is a bit different if compared to the others we had before - this one sees to be more wide-spead, it's not targeting specific pockets or groups. I may be wrong but this one feels different. It'll be interesting to see what kind of impact... — read more
How many got meeting invites with their manager for tomorrow?
A coworker got one earlier today but I didn't. I also saw in another thread that another person got something similar. Is this layoff-related or could it be something else? We are all stressed and can't wait for this to be over. Our productivity is... — read more
Manager's influence on layoff decisions?
Some here say that the manager has no influence on the decision whom to lay off but for me it's hard to believe.
will slackers & revenue eaters go
there many teams who do nothing or no one know what they do many slackers hiding in coe there some managers of rev gen people who useless who just do politics bad at people care too. will HR look at managers who have less than 30 people reports and... — read more
Tech industry is getting hammered across the board. Take a look at what Bill is doing - he knows something that the rest of us should know
https://www.nasdaq.com/articles/servicenow-ceo-sells-shares-is-it-time-to-worry Those of us who have been at SAP for many years, know that Bill always knew when to hold them and when to fold them, especially when it came to his own money. He was... — read more
Thank you Sapphire Ventures
https://www.wiwo.de/my/finanzen/boerse/venture-capital-kapitales-wagnis-bei-sap/28965604.html?ticket=ST-124571-RAArNIDK9bUYe47ApURc-cas01.example.org If you get RIF-Ed, be sure to send a thank you note to them.
Known affected areas in North America?
Anyone out there have any insight into areas that they know will be affected?
Liars, Losers, Winners' (Circle)
Corruption -- "abuse of entrusted power for private gain" Misappropriation -- "to appropriate wrongly. especially : to take dishonestly for one's own use" Many departments have been subject to punitive cost cutting measures for the last year+... — read more
Do managers know who is getting laid off yet??
My manager claims he doesn't know if our team will be impacted by layoffs yet and we should know more next week. I would imagine managers know if their teams are being impacted in advance, right? and who on their team? Doesn't really make sense to... — read more
Failing to post a profit
What frustrates me the most is that some hard working employees will be punished with a layoff for something that someone else should bear the blame for. Why is SAP failing to post a profit? Will the leadership finally realize its mistakes?
This is a complete mess
I have never worked in such a poorly run company such as SAP. Have you? I think that in the coming months the mess will become even bigger.
3000 Layoffs / Qualtrics to be Sold
https://www.cnbc.com/2023/01/26/sap-to-cut-3000-roles-explore-sale-of-qualtrics-stake.html
What does the redundancy package look like
Any idea what the redundancy package looks like, the silence here is very concerning. Will they give people enough to make it back into a job in a tough market? What was it last year
Many of us would like to be laid off
This has become such a poorly run company. Maybe it's high time that our leadership pays some attention to the fact that there are so many employees who would like to be laid off. Isn't it worrisome that most people assume that the best employees... — read more
Does anyone know how layoffs work at SAP?
With the recent announcement, I'm curious to know how layoffs work at SAP? Do managers provide a list? Have managers already been asked to provide a list? Is it somewhat random?
28 positions in spain and 200 in germany
some numbers are being leaked with 28 positions to be gone in Spain. 200 in Germany but the agreement with WC to find alternative positions. it seems that CX is highly affected - anyone else knows anything
Why can't we volunteer?
I'll never understand why they don't let us volunteer before layoffs. Every single time we lose people who want to and need to be here and people who are praying to be laid off and get severance are the ones who stay behind. Wouldn't it be better for... — read more
Never Again is Now Global - Connect the dots to Digital Health
A Five-Part Series by Vera Sharav https://live.childrenshealthdefense.org/chd-tv/events/never-again-is-now-global/
Lay offs at SAP shared service centers in cheaper locations
Any of you heard rumours the impact will affect those too, ie India, Eastern Europa, Southeast Asia ? Those locations were mainly spared from the layoffs in 2019 but we just got today a email hinting about it.
Boy was I fooled, for a minute I was beleiving all the SAP hype about how we act as one team, But it's really just about winners and losers
How inspiring it is to walk the hallways of my SAP building and read the placards placed all around. . Here's a sample of some of them , "All for one and one for all", and " We are the SAP Team" and this was one of the best, "The way to... — read more
Were you laid off? WARN Act
The WARN Act requires an employer to notify employees, in writing, 60 days before a layoff, and pay the employee for those 60 days, in addition to any severance the employee may be entitled to. Unfortunately, some employers attempt to circumvent the... — read more
CK and the Moonshine Band … What is the companies core products?
SAP, according to Gartner, has been a cloud ERP laggard for several years. Without addressing client independent config and development (don’t get me going on BTP and integration frameworks) it is hard to see how we close the gap. The product... — read more
SuccessFactors
This is an extract from the SuccessFactors annual report for 2011. The company was acquired by SAP in Dec 2011 We have a history of losses and we may not achieve or sustain profitability in the future. We have incurred losses in each fiscal period... — read more
Qualtrics
A lot of money was spent on this bad acquisition. I wonder what's next to sell?
Christian Klein skis in jeans
How did this once great company become lead by the Tommy Boy of tech? Circle the German wagons while we run the ship aground! Hey did you see CK’s ski video? Before you pay an Olympian to ski with you best to get your grades up! What a clown. — read more
Who's counting...?
I checked in our corporate portal to see if I could find out who was the global bean counter who would ring the bell once we go to 3000 layoffs, but alas I couldn't find out who it was. Fact us that none of us has any clue how many will really be... — read more
Were you laid off? WARN Act
The WARN Act requires an employer to notify employees, in writing, 60 days before a layoff, and pay the employee for those 60 days, in addition to any severance the employee may be entitled to. Unfortunately, some employers attempt to circumvent the... — read more
Germany call
What happened in the germany call after all hands... odd this was not shared with us all ? Thanks
I wonder when we'll know more
It would be a kind gesture to let us know as soon as possible who will be impacted. There is no need for all of us to agonize over being cut for weeks or maybe even months. But that would require our leaders to care about us at least a little bit... — read more
I am afraid that the number of impacted will be much higher
I hope that the final number of people who will be impacted by these layoffs will not exceed 3,000, although I doubt it. I think the percentage of the workforce that will be laid off will be more than 2.5% but that's just my opinion. I wish someone... — read more
2.5% layoff
In 2023, SAP will conduct a targeted restructuring program in selected areas of the company. The purpose is to further focus on strategic growth areas by aligning our operating models and go-to-market approach with our accelerated cloud... — read more
Healthy cycle of Tech Layoffs - Bullish
Tech companies take advantage of recessions to optimize headcount and remove low performing human capital and low performing product lines. It is a very healthy process and companies rise from the recession much stronger. Its very bullish for SAP... — read more
Always good to get the second opinion...Q4 results
Second Opinions always good... see what Zacks says about fourth quarter results,https://finance.yahoo.com/news/sap-set-report-q4-earnings-135101357.html Summary is follows: (i) Revenue about 8.23 Billion = equals a DECLINE of almost 10% YOY ... — read more
Dear Prophets of Doom, take note: "SAP Expected to Post Solid 4Q Results -- Earnings Preview"
https://www.marketwatch.com/story/sap-expected-to-post-solid-4q-results-earnings-preview-271674550963
More Layoffs at Microsoft
Microsoft to Cut Engineering Jobs This Week as Layoffs Go Deeper Microsoft Corp. (MSFT) plans to cut jobs in a number of engineering divisions on Wednesday, according to a person familiar with the matter, joining the ranks of technology giants that... — read more
Losing competitive advantage
There will be no VERP for ppl who joined in 2022-2023. Lay off on horizon, Oracle replaced SAP in both revenue and new customers in ERP to be Nr.1. They have wide range of solution from Strong ERP solution portfolio, Public Hyperscaler services to... — read more