T.R | Title | User | Personal Name | Date | Lines |
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1451.1 | Yes, there are safe positions | SWAM2::MCCARTHY_LA | Use an accordian, go to jail! | Wed May 01 1991 23:04 | 4 |
| Apparently, the only safe position is VP (of anything) (or even, of
nothing).
Only half a :-)...
|
1451.2 | Only One | KYOA::MIANO | John - NY Retail Banking Resource Cntr | Wed May 01 1991 23:22 | 6 |
| RE: <<< Note 1451.0 by ELMST::OPERATOR >>>
> Are there job positions that are safe from a lay off? For example have
> there been any Senior VMS Operators laid off?
President of the Corporation
|
1451.3 | | CVG::THOMPSON | Semper Gumby | Thu May 02 1991 00:12 | 5 |
| RE: .2 I think Ed deCastro once thought the same thing at DG. :-)
I doubt there are any safe job codes. Some fairly safe ones. And
some fairly safe groups. But nothing is 100% any more.
Alfred
|
1451.5 | The CEO is an employee just like you and me | SMAUG::GARROD | An Englishman's mind works best when it is almost too late | Thu May 02 1991 00:15 | 8 |
| Re .-2
The CEO of a corporation serves at the discretion of the Board of
Directors who represent the shareholders. If a BOD doesn't like how a
company is run the CEO can be fired. Witness DCU, just recently the DCU
board of directors fired the DCU President/CEO.
Dave
|
1451.4 | I hope no job is safe | SMAUG::GARROD | An Englishman's mind works best when it is almost too late | Thu May 02 1991 00:18 | 12 |
| I sincerely hope that there are NO safe jobs in the corporation
including my own and including the CEO. Digital should not have anyone
on the payroll that does not provide business benefit to the
corporation.
If everybody from the CEO down genuinely thought that their job was on
the line if they couldn't genuinely say "I make a difference" then this
company wouldn't have such an overblown G&A line on each and every
quarterly report.
Dave
|
1451.6 | Jobs and Jobs | LEMAN::BURKHALTER | | Thu May 02 1991 03:31 | 5 |
| RE: last few
I suspect Steve Jobs knows only too well...........
-Dom
|
1451.7 | Revenue production jobs ? | AHIKER::EARLY | Bob Early, Digital Services | Thu May 02 1991 09:28 | 17 |
| re: 1451.2 Safe Jobs 2 of 2
>--------------------------------------------------------------------------------
The "safest" jobs, as I understand it, is that of percieved revenue
or cost savings.
If the job that you do, which cannot be done by someone with a lesser skill,
(lower pay), and contibutes more to the bottom line than what it coststo
keep you .. then that is probably one of the safer jobs.
However, you might want to keep in mind, that in many groups which
overall cost more to keep, any one individual may be more expendable
than the person to whom they report (and must cut $x from the budget).
so much for 'safe' jobs ...
BobE
|
1451.8 | | BUNYIP::QUODLING | LMF-E-SOL, Your Brain is unlicensed... | Thu May 02 1991 10:39 | 9 |
| In answer to the orignal Question.
I think Operations would be one of the riskiest long-term career paths, as it
is most prone to Automation. A simple Storagetek 4400 tape handling robot
(Yup, and we OEM them through CSS) would cut the Operations requirements
dramatically (And improve the level of service, but that's another flame...)
q
|
1451.9 | The further up the feeding chain you go,the safer you are... | SKIVT::ROGERS | Jobs - DEC's Biggest Export! | Thu May 02 1991 10:39 | 13 |
| Somewhere between 35 and 40 people were terminated from here in Burlington
last week. Some were "voluntary", some were tapped on the shoulder, and some
had been declared TMP earlier and had been unable to find a new job. Of all
the people that left, I believe only two were first line manufacturing
supervisors, both of whom were TMP's. All the rest were grunts.
No line mangers, no cost center managers, no plant staff members. Meanwhile
another layer of management is being added. Our plant manager, who reports to
the US Manufacturing Manager, has been appointed to some sort of "super
manager" position with the plant managers of Burlington and Augusta reporting
to him. We really need another layer at this time...
Larry
|
1451.10 | surprise, surprise... | PIWKIT::PASQUALE | | Thu May 02 1991 13:23 | 9 |
| re .-1
hmmm... why am i not suprised? out of 15 or so people that I have known
personally to have gotten the infamous "tap" only 3 of them were
management types .... i also interviewed one person that was part of
a group that was reorganized along with 2 others resulting in a group
containing 13 people.. 10 of those folks were managment types and the
other 3 individual contributor's.. they "rightsized" the group and
"tapped" the 3 individual contributor's....sigh..
|
1451.11 | jobs and pensions | BAGELS::CARROLL | | Thu May 02 1991 15:49 | 22 |
| We all have good reason to worry about our jobs here. In addition, we
should also be worried about our retirement benefits from dec. By law,
the type of pension we have is not guarenteed. The company can cancel
it at any time.
If this company continues on its present course, and I see more
evidence of it every day, it's profits will continue to decline while
management ranks continue to grow. When this company gets into a
serious cash crunch, it is stupid enough to cancel pensions.
I know you touchie-feelie folks will try and discount this but the fact
remains this company, when up against the wall, will do anything to
stay in business and history has proved over and over again that
this company is capable of not knowing the right thing to do.
Unless you sock away a lot of money on your own (who can these days)
your pension, which you will live on through retirement, depends on
the continued success of the company.
Personally, on its present course, I believe this company will be
out of business within 15 years, l;ong before most of us retire.
Oh, I almost forgot, your stock will be very good for wall paper.
|
1451.12 | | RIPPLE::BRENNAN_CA | | Thu May 02 1991 16:02 | 5 |
| I don't think people in revenue-generating positions would be laid off.
(But that could be just wishful thinking!)
Cathy
|
1451.13 | RE: .12 - But you better be generating revenue NOW, ... | YUPPIE::COLE | Somedays the bug, somedays the windshield! | Thu May 02 1991 16:17 | 3 |
| ... or be forecast to start soon! 125 EIS people were let go
last week due to either revenue-producing forecast or performance, ac-
cording to the company line.
|
1451.14 | pension is safe (I think) | CSC32::K_BOUCHARD | Ken Bouchard CXO3-2 | Thu May 02 1991 19:28 | 7 |
| re: pensions
I believe that pension money paid by the employer for an employee's
retirement is put into some sort of gov'mint guaranteed fund,is it not?
Since I believe the money is out of DEC's reach,it *is* safe.
Ken
|
1451.15 | ERISA | SDSVAX::SWEENEY | Enterprise Integrator from Hell | Thu May 02 1991 20:15 | 10 |
| Digital pension funds (as are all US companies) are segregated from the
general funds of the company. Digital pension funds are managed by
fund managers external to the company. The fund managers are selected
by Digital's treasurer and CFO with the approval of the Board of
Directors.
Federal laws and regulations called ERISA enforce this segregation and
a conservative investing policy.
The above is correct to my knowledge, but not official.
|
1451.16 | | SUBURB::THOMASH | The Devon Dumpling | Fri May 03 1991 07:13 | 6 |
|
In The UK the pension fund is also independant - it is not funds that
company can decide to dip into. It is protected by law.
Heather
|
1451.17 | | SYSTMX::BEAN | Attila the Hun was a LIBERAL! | Fri May 03 1991 08:57 | 14 |
| safe job? guess again.
I work for customer training... a pretty big revenue generator... with
a nice high margin...
a LOT of trainers here think they are 'safe'... but, were mightily
surprized when one of their own was ISP's out from Santa Clara and
another from San Diego about two weeks ago.
no one is 'safe' in my opinion... and no group is safe either. all it
takes is for Z or someone else to point the finger and, just like
Houdini, POOOOOOF! you've disappeared!
tony
|
1451.18 | We were told that skill set was the key | NEWVAX::PAVLICEK | Zot, the Ethical Hacker | Fri May 03 1991 11:00 | 21 |
| re: .13
> But you better be generating revenue NOW, ...
>... or be forecast to start soon! 125 EIS people were let go
>last week due to either revenue-producing forecast or performance, ac-
>cording to the company line.
Well, around here (DC) we were told that being billable was NO
guarantee. The criteria used was (supposedly) skill set with respect
to targetted business. In our geography, this meant that people with
only system management skills were on the bottom of the heap, while
people with project experience, database, imaging, and networks were in
the best positions.
A person's billable status was discounted if it were possible to
replace him/her with someone with a more desirable skill set.
One person who was let go last week reportedly had primarily a VMS system
management skill set.
-- Russ
|
1451.19 | I'm dusting off THIS memory 8| | ODIXIE::GEORGE | | Fri May 03 1991 14:08 | 22 |
| RE: pension benefits
I'm trying to dig this up from years ago, and the laws may have
changed, but this is what I remember...
The company incurs a "liability" to pay you pension benefits. They
meet this future liability by investing company money with fund
managers. Since no company sets aside the full dollar amount of that
future obligation today, they expect the fund to earn enough by the
time you retire to meet the company's pension liability to you.
The amount of money in the fund at any given time is the FUNDED portion
of the pension plan. The company's total pension payment obligation
minus the funded portion equals the UNFUNDED portion.
I believe the funded portion is 'protected'. But the unfunded portion
is not guaranteed and is not safe.
Hope this is still CLOSE to being right...
Steve
|
1451.20 | Customer Support | CSC32::J_OPPELT | Totally organic | Fri May 03 1991 17:54 | 16 |
| Customer Support is relatively safe. Not only are we not
downsizing, but CSC has recently added a bunch of new
people. Some were even externally hired.
Of course, the safest ones are those who are direct labor.
CSC did downsize some indirect labor.
But even if DEC never made or sold another piece of hardware,
the existing customer base would still want/expect service
from somewhere. If DEC folded, another company would form
to handle that service.
As an example, Customer Service is about the only revenue WANG
is generating today...
Joe Oppelt
|
1451.21 | | SYSTEM::COCKBURN | Airson Alba Ur | Sat May 04 1991 05:11 | 6 |
| I would imagine that jobs are fairly safe in groups which are hiring
externally. eg. VMS in Scotland was advertising job vacancies for
Engineers in the Scottish papers yesterday (see the marvin::scotland
conference for details)
Craig
|
1451.22 | | GLDOA::RACZKA | Pachinko | Sun May 05 1991 17:01 | 6 |
| << .0 Are there job positions that are safe from a lay off? >>
Only the management positions, which is incredible, considering the
the number of unecessary management positions this company has created
|
1451.23 | In EIS, only individual contributors were cut | GUIDUK::B_WOOD | I manage my cat? | Mon May 27 1991 01:41 | 32 |
|
When the turk came through or EIS organization and said folks,
The Coach wants to see you, and bring your playbook!
He only nailed individual contributors.
The people in my organization who were cut were non-revenue and/or
individuals who had a history of serious problems at customer sites.
Overall, it was probably time for the turk to visit.
However, when we were all called to visit the turk as a group
to inform us of what happened, we were told EIS trimmed only
125 individual contributors. No management folks were touched
in EIS.
Many of us know that DEC/EIS management is infallable and it was
very important that we recognized the contributions they were
making to the bottom line. Especially when all the DM's in the
company were told they were "4" performers.
I have one very close friend who was in the CSSE organization
get the package. He was selected simply because he was giving
a "4" on his last PA. Having been his friend for 11 years and
also know several of his co-workers and seen their work. He
was one of the brightest "techies" in DEC. His only fault was
being naive.
If a "4" performance rating was the basic criteria, why are
many of these outstanding management types still here?
|
1451.24 | at least 1 EIS manager got it! | FMTACT::THOMAS | Lynn Thomas DTN 383-4529 | Mon Jun 03 1991 12:03 | 4 |
| This is not true, in a district in which I used to work an EIS manager
WAS tapped on the shoulder!
Lynn
|