SAP Abandons Diversity Goals in Conformity with Trump's Political Stance
In an unexpected turn of events, tech giant SAP has yielded to external pressures and abandoned its target of a 40% female workforce, as reported by Germany's Handelsblatt and other outlets. The company is also revising criteria for bonuses, minus the consideration of gender diversity.
In a company-wide email, SAP emphasized the significance of diversity and inclusive leadership, yet acknowledged the need to adapt to external changes– without explicitly naming any specific pressure points. Some political pundits believe the Trump administration might be the driving force behind SAP's decision, but without official confirmation, this remains speculation.
The revised compensation structure will also exclude gender diversity as a factor for short-term bonuses, focusing instead on employee health. The US is no longer part of the female executive quota, as per the email.
While the internal email highlights the importance of a diverse workforce and integrative leadership, it also underscores the importance of navigating changing external circumstances and keeping up with legal developments–referring vaguely to the latter without explicitly mentioning any government involvement.
As of now, there is no specific data linking the Trump administration's policies to SAP's decision on diversity goals or bonus structures, leaving much room for speculation and discussion.
- SAP announced it is halting its aim of a 40% female workforce, a decision reported by Germany's Handelsblatt and other outlets.
- The tech giant is revising criteria for bonuses, no longer considering gender diversity as a factor.
- In a company-wide email, SAP emphasized the significance of diversity and inclusive leadership, while acknowledging the need to adapt to external changes.
- Some political pundits believe the Trump administration might be the driving force behind SAP's decision, but without official confirmation, this remains speculation.
- The revised compensation structure will focus on employee health instead of gender diversity for short-term bonuses.