Walldorf, Baden-Württemberg, Germany –based SAP ("Systems, Applications & Products in Data Processing"), provider of enterprise-level management and production software, is undertaking a company-wide restructuring. The effort will result in a 446 employee reduction-in-force in California. 179 employees at SAP Labs headquarters in Palo Alto, California; 173 employees in San Ramon, California; and 94 employees in San Mateo. California. Most are senior-level developers. Ultimately 4,400 employees will lose their jobs globally.
According to the corporate-speak from a company spokesperson…
“As part of this ongoing transformation, SAP has decided to undertake a company-wide restructuring program in 2019 across all board areas. This will allow us to not only invest in but also ensure greater efficiencies for key growth areas while implementing required changes in other areas to ensure they are prepared for the future. SAP currently estimates that globally approximately 4,400 employees across all board areas will leave the company under the restructuring program. In cases where new jobs are created, we will do everything possible to give SAP employees first priority. SAP is committed to treating employees with utmost respect and conversations with impacted employees are currently taking place in countries outside of the European Economic Area (Non-EEA) and will start in the EEA countries in [the second quarter]. Early retirement has already been offered to employees in the United States and Canada, and will also be offered to employees in Germany and France, as well as voluntary redundancy programs in Germany and other countries.”
Change is coming. There will always be a tomorrow, no matter how much you may try to ignore it. There are no guarantees in life, or promises for a bright future. Just because something bad hasn't happened yet, doesn't mean it won't. It can happen to anyone, anytime, anywhere ... are you now wondering, Am I Next?