SAP Employee Trust in Leadership Falters After Restructuring
The SAP SE headquarter campus building in Walldorf, Germany.
Photographer: Alex Kraus/BloombergThe executive board of SAP SE, Europe’s most valuable software company, is facing declining employee trust following recent job cuts and organizational restructuring, underscoring growing concerns about its senior leadership.
Trust in SAP’s executive board fell to 59%, down 6 percentage points from April, according to an internal email sent by SAP’s Chief Human Resources Officer Gina Vargiu-Breuer on Monday and seen by Bloomberg News. For comparison, more than 80% of employees said they trusted Chief Executive Officer Christian Klein’s management team in April 2021, according to a local media report.