SAP is facing swelling discontent among employees in its home market, according to an internal survey.
Browsing: Christian Klein
SAP technology chief Juergen Mueller will leave the company by the end of September because of inappropriate conduct.
SAP said on Thursday that it plans to cut 3 000 jobs, or 2.5% of its global workforce, and explore the sale of Qualtrics.
SAP is struggling to elevate and retain women in some of its senior-most positions. Insiders point to a big culture problem.
Business software giant Oracle has suspended all operations in Russia, while rival SAP has announced it will pause all sales in the country following Moscow’s invasion of Ukraine.
Business software group SAP is adopting flexible working for its 100 000 employees around the world, after the experience of remote working during Covid-19 drew overwhelmingly positive feedback.
SAP says it is ready to lead customers into a cloud-based future, but it may need all its powers of persuasion to convince its 400 000-strong client base to launch a major overhaul of systems in a pandemic.
In Christian Klein’s first year as sole CEO at SAP, the company’s shares had their worst performance in 12 years. The pandemic damaged sales. And he lost his co-CEO in a high-profile ouster.
Hasso Plattner, chairman of SAP, bought shares worth nearly €250-million in the German software company on Monday after a once-in-a-generation price slide triggered when management dumped its profit targets.
SAP said on Monday it was going all in on its shift to cloud computing as it abandoned medium-term profitability targets and cautioned that its business would take longer than expected to recover from the coronavirus pandemic.