SAP slashed 1000 VP-level employees?
The late Art Buchwald, when giving talks at conventions, used to start by expressing his pleasure at the opportunity to see “thousands and thousands of vice presidents.” Well, according to a Seeking Alpha blog post,
SAP cut 1,000 VP-level employees in North America in 2008, and has plenty of room for additional cuts.
As Dave Kellogg points out, that would be 2% of SAP’s entire work force, all in laid-off VPs or VP-equivalents. That doesn’t seem right to me. At least in the parts of SAP’s organization I used to deal with, SAP didn’t seem particularly VP-heavy. Even with the grade inflation commonly represented on salespeople’s business cards, I’d be surprised to learn SAP had 1,000 VPs total, let alone 1,000 spare ones to lay off.
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