Results of the survey were shared with the Works Council General Meeting last week and as expected the survey results were pathetic.
https://finance.yahoo.com/news/sap-staff-morale-plunges-internal-162359275.html
The percentage of German employees having full trust in the Board fell to 38% - lowest level in past 3 years. Just 15% said reorgs have improved their working conditions. Confidence in the Board fell 50%.
And the survey was done before 3 Board Members were forced out and also before SAP is now being investigated by United States Department of Justice for a 10 year overcharging scheme on Govt and Military agencies on $ 2 Billion sales revenue.
Hard to make this stuff up.
But alas the good news is that over the last year, SAP stock is up 77% !!! So CK and HP know the secret sauce to good returns is cut, cut and cut some more heads and who cares about the employee morale. Money, money, money is all that matters - Friends we are working for a very different company that what existed years ago.