Yes. The calls from HR will be starting in the next few weeks. They usually setup a 3 way call with a Manager and HR rep. HR explains the severance, Cobra and option to find another role by end of April. Most team leads are discouraged by HR to find new roles for those on the chopping block.
Approximately 6000 in NA will be targeted in the first wave. SAP is hoping many accept the VERP so they have less work for HR to deal with.
Can somebody confirm if this is how things will play out?