Is SAP also going to layoff people, like other firms are doing?

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Practically yes. Because the company is based in Europe. And Europe is suffering from economic uncertainty. Also, the transition to cloud approach has hampered the stocks, which shows there will be cost restructuring. Not Hoping for layoffs. But keep reading current scenario to be prepared for anything!

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No, its very established enterprise, good culture and ethics

Read 2009 financial crisis news !

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No. Because SAP has in its plan to hire 10 k more people in India. If they are impacted, they will slow down/ freeze hiring. I don't think you will be fired from SAP. Unless you are not even worth to be an engineer.

10k as per plan. They were clueless of future economic downturn

SAP hiring is freezed now. Yes they fired few HRs

Any idea about technical role ?

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Is Deloitte tax doing another round of layoffs?

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