SAP Staff Morale Plunges in Internal Survey Amid Restructuring

SAP SE is facing swelling discontent among employees in its home market, according to an internal survey, as Chief Executive Officer Christian Klein pushes through a restructuring plan announced in January.

The percentage of German employees with “full trust” in the software company’s executive board fell to 38%, the lowest in at least three years, according to an annual survey reviewed by Bloomberg News. The poll was taken in June and presented on Thursday at a general meeting of the works council at SAP, Germany’s most valuable company.

The poll highlights a growing divergence between SAP’s share price, which has ...