: SAP Meets Lowered Financial Forecast"> "But with the dismal state, we wrote down some of software companies [in SAPs portfolio] as well," said Plattner. "A big chunk of the cake was obviously Commerce One." Commerce One remains a strategic partner to SAP, according to Plattner."We have to offer software solutions that make these companies really tick," said Plattner. "And that means we need people. We [will enforce] a reduction of projects and a revision of travel; we let our people that work hard travel in a nice style. We will travel coach now. We will ask our employees to renegotiate with us, sit down, so that we can avoid [layoffs]." Related Stories:
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In regard to its own financial standing, SAP said it will not implement a massive headcount reduction, as had been rumored, but rather take a more sophisticated approach to cost cutting. That includes salary and benefit reductions, a hiring freeze, no replacements for staff lost through attrition, project scale backs and a revision in travel procedures, according to Plattner, who stressed that the company will not cut back on research and development.