Over-reading the SAP Headcount numbers

Tom Steinert-Threlkeld is reaching a bit with his analysis of how SAP is reacting to the economic crisis (here).   As he notes, SAP has implemented a hiring freeze.  But the Americas evidence he proffers doesn’t show that SAP is “trimming headcount” — or at least that the trimming is driven by the financial crisis.  Three questions come to mind:

  1. Given the SAP turnover numbers Tom cites (9%), isn’t the 165 net HC loss is negligible (about 1.5% of the >10000 pre-BOBJ headcount)?  
  2. Wouldn’t realizing synergies from the Business Objects acquisition allow the Americas — where the majority of BOBJ resources reside — to take its time in backfilling such turnover?
  3. FInally, don’t these Q3-2008 YTD numbers cover only about 15 days of the financial crisis?

IMO, Tom is over-reading Between the Lines :-)


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

%d bloggers like this: