There is no further talk of layoffs in the coffee corners.
Are we safe now? I hope so!
There is no further talk of layoffs in the coffee corners.
Are we safe now? I hope so!
Just starting ....
Jack Dorsey just fired half his company. More than 4,000 people, gone. And the stock didn't crash, it EXPLODED 22%.
Sap is way too complex for even ai to understand . So we are all safe .
@OP coffee corners should end. Egregious waste of time and money.
The stock is now under $200 so don't get too comfortable.
Those pointing the finger are to blame. This company is incapable of learning from mistakes and improving. I hope the entire company goes under.
If employees weren't so lazy nor customers too stupid to understand our genius, we wouldn't have to keep firing people. - ck
It ain‘t over until Chuck says it‘s over.
There is an audit task happening in the background...
SAP is assessing how much AI is used and implemented in all teams.
I think there will be consequences once the audit is done.
Since SAP is paying loads of money to deploy the models and train employees it can expect some commitment.
SAP will "punish" those who still resist to implement AI in their workflows.
One advice, start using (heavily) your GitHub pilot licence and tokens so you're not at the bottom of the list and won't get trimmed if the decision is made !
Please do not spread rumors. There is absolutely no indication of layoffs whatsoever.
April is going to be a bloodbath. SAP is committed to taking money away from salary appraisals and employee benefits and using that money for executive bonuses and stock buybacks. Reducing the number of employees accelerates that process. Do with the information what you can.
No, they're just getting started.
They are probably just really busy loving their bonuses, feeling the warm glow of their mutual congratulations and engaging in other ononistic practices.
I am going to come back at the end of March and ask the same question. It feels like we do the bulk of the layoffs in April. Let me caveat that, we did a bunch of earlier retirements late in 2024 IIRC. April 2025 comes around and we cut one more person from our team. I would never assume riffs are done though, but I would assume that they will either coincide or come right after an earnings announcement.
Imagine a scenario where a man's wife suddenly gets in shape, get some lip filler, get some chesticular enhancements, and suddenly starts working late and going out on the weekends. One day the man comes across a burner phone.
"She hasn't TALKED about cheating," He thinks to himself. "So we must be okay."
What are told what they want us to know. Not what's actually happening. Don't live in fear, but don't think for a second that you should relax on a plan B.
There is no such thing as safe. The company will still focus on a 1-2% reduction every year so the possibility is always there. The only country excluded is Germany through Works Council negotiations. They may not have layoffs this year but likely won’t get backfills.
Wait for Q1 results and All in on AI workshops for new reorgs and possibly layoffs.
You are now safe to retire in place.