T.R | Title | User | Personal Name | Date | Lines |
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2465.1 | See tomorrow's Q3 report | WRKSYS::THOMAS | Stop, Look and Listen | Tue Apr 13 1993 17:02 | 1 |
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2465.3 | 102,100 as end of Q2 | ODIXIE::WALLS | Beautiful Atlanta, GA | Tue Apr 13 1993 18:58 | 4 |
| But the 102,100 is as of the end of Q2. Where were we at the end of
Q3. Will be watching tomorrow as our Q3 results are released.
cw
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2465.4 | 98,100 and falling | CVG::THOMPSON | Radical Centralist | Wed Apr 14 1993 12:28 | 4 |
|
Q3 numbers out today show 98,100 employees world wide.
Alfred
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2465.5 | Get out the AXE - a big one. | MSD26::WOJDAK | | Wed Apr 14 1993 13:41 | 9 |
| > Q3 numbers out today show 98,100 employees world wide.
Which means that between 8,100 and 13,100 employees need to be
TFSO'd before July 1st to meet the 85K to 90K projected population.I
believe this will be the most people cut in one quarter than all the
past TFSO packages.
Rich
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2465.6 | | ICS::CROUCH | Subterranean Dharma Bum | Wed Apr 14 1993 13:56 | 16 |
| Perhaps I'm wrong but the people who are to be off the books by
July 1st, don't they have to be notified sometime in May? 7 weeks
before July 1. If so a lot of action to be happening around May day.
;-)
I personally don't believe that we will be anywhere near done by
July 1. I believe this date is to try to calm some of the discord with
our customers and with Wall Street where they want us to get the
layoffs over with and get on with business.
Anyone who believes that if they survive past July 1 is "safe" for
a while is living life with blinders. There will be no safe times
again at DEC. Perhaps there shouldn't be either.
Jim C.
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2465.7 | News isn't great, but it's the same | POBOX::GREENE | | Wed Apr 14 1993 14:36 | 9 |
| RE: .5
This is consistent with what was shared at last week's DVN broadcast.
Irene Wong, USLS Human Resources indicated that there would be
significant downsizing occurring worldwide this quarter. Organizations
affected are already known. Downsizing is scheduled to occur throughout
the quarter.
Kevin
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2465.8 | | 11SRUS::POITRAS | | Wed Apr 14 1993 14:42 | 12 |
| The end of this fiscal year is not an absolute deadline for reaching the
stated goal of 85K-90K population. I have saved several memos that indicate
they want to complete the downsizing by the end of FY93 but that they will
continue until they reach the population goal. I just received a memo from
my VP, Dennis Roberson, the Software Group (formerly TNSG), April 6, which
states, "Though no plans are in place, I would expect that we will undergo
a further round of selective downsizing over the next six months." He is
talking to SWG but I suspect that this would apply to most or all of the
company. This would mean layoffs, excuse me, I meant "downsizing" through
the end of September.
Mac
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2465.9 | Enquiring minds want to know?? | POBOX::RAHEJA | Dalip Raheja @CPO | Wed Apr 14 1993 15:28 | 6 |
| re: .7
"organizations are known"???? Which organizations are going to be hit
and how hard??
Dalip
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2465.10 | Hang in tough !!!!! | ELMAGO::JMORALES | | Wed Apr 14 1993 15:53 | 8 |
| Some comments:
The 98K number does include some folks that were already informed
that they will be TFSOed (ie: Galway Mfg. Plant - around 750 employees)
Also 'heard' (no official word about this one) that sales, service and
G & A will announce TFSO during the next two weeks.
Hang in tough !!!
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2465.11 | The beatings will continue until moral improves | POBOX::GREENE | | Wed Apr 14 1993 15:59 | 14 |
| RE: .9
My interpretation is that the organizations that have to downsize, have
been identified, and they know who they are (at least at a senior
management level).
As far as how hard, the phrase that was used was SIGNIFICANT
down-sizing. Equal to or more than previous down-sizing? Time will
tell.
To paraphrase a comment in another topic: Just because you haven't been
notified is no reason not to be paranoid.
Kevin
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2465.12 | | SUBURB::THOMASH | The Devon Dumpling | Thu Apr 15 1993 05:26 | 10 |
|
The numbers you are quoting are world-wide, the 7-week figure is US.
Different countries have different notice periods, some are standard
for the industry, some are law.
The UK has a 3-month notice period for most people. However this could
be longer, depending on circumstances.
Heather
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2465.13 | May sounds good | STAR::DIPIRRO | | Thu Apr 15 1993 09:07 | 8 |
| I *heard* that Roberson also hinted at a number like 500 software
people (or perhaps 500 people from software engineering might be a
better way to put it) would be part of the next round of cuts. And to
add a little more credibility to this, someone a few replies back said
the cuts would need to occur in May. Well, I have a friend at the
placement agency in Nashua (their job is to find jobs for DEC people)
who just told me that they were told to expect more people in mid-May,
around the 17th.
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2465.14 | | SOLVIT::GRTVAX::THERRIEN | | Thu Apr 15 1993 09:25 | 3 |
| I also heard (as did .13) that the Nashua placement operations has rented an
entire floor, in addition to what they already had, in preparation for the next
wave.
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2465.15 | can we have more clues please? | STAR::ABBASI | checkmate! | Thu Apr 15 1993 09:35 | 15 |
|
.-1
>I also heard (as did .13) that the Nashua placement operations has rented an
>entire floor,
you dont happen to know the square footage area of the floor they
rented by any chance, do you?
(just trying to get an idea of the scope of the operation, that's all).
thank you,
\nasser
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2465.16 | | AIMHI::BOWLES | | Thu Apr 15 1993 10:10 | 9 |
| I *heard* that BP was recently in the Philadelphia sales office.
Apparently he said that they would "know by May 1st whether they had a
job or not." (the quotes are mine).
It was unclear whether he was referring to just the Philadelphia sales
office, sales in general, or some larger population. Nevertheless, the
message seems to be fairly consistent.
Chet
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2465.17 | Clear as water - We MUST turn black in Qtr. 4 ! | ELMAGO::JMORALES | | Thu Apr 15 1993 17:55 | 12 |
| April 15, 1993
The Wall Street Journal
John R. Wilke - Staff Reporter
ninth parragraph:
" The improved results prompted many analysts to revise
fourth-quarter profit estimates. John Levinson of Golman,
Sacks and Co. raised his to $ 1.25 a share, or $ 165 million,
from $ 0.80 cents a share. "
Does it needs further explanation - I don't think so.
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2465.18 | | HAAG::HAAG | Rode hard. Put up wet. | Thu Apr 15 1993 21:47 | 10 |
| may and june will be bloody indeed.
i've a message for BP. this will be my 7th (SEVENTH) round of TFSO in
the last couple of years or so. and recently i've been informed that
TFSO is now part of our "standard business practices". is that the way
it will be bob? if so, count me OUT!!!
what a horrible way to treat our "greatest asset".
gene (who admits to a long day today - all for mother DEC)
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2465.19 | "Touche !" | ELMAGO::JMORALES | | Fri Apr 16 1993 11:37 | 14 |
| The Wall Street Journal
April 16, 1993
John R. Wilke - Staff Reporter
Article: Lucente Named To Key Digital Equipment Post
Last Parragraph
" Separately, Solomon Bros. upgraded Digital Stock to "buy" from
"hold", citing expense cuts. Solomon's Mr. Jones said Digital
will post a profit in the quarter ending June 30, its first in
two years."
Only One Comment: What a Quarter in the works !!!!!
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2465.20 | | SOLVIT::GRTVAX::THERRIEN | | Mon Apr 19 1993 09:32 | 8 |
| RE: .15
I don't know the square footage. Today, there's about 50 offices for TFSO'd
former employees. They'll be increaing to about 100 offices. Each office
supports multiple people - don't know exactly how many. The idea is that each
ex-employee can use office space for a couple hours per day to get messages,
send resumes, check on new openings, etc.
|
2465.21 | More Information, please | ELMAGO::JMORALES | | Mon Apr 19 1993 15:44 | 21 |
| Re: .20
"The idea is that each ex-employee can use office space for a
couple of hours per day to get messages, send resumes, check on
new openings, etc."
Question:
1) Is this only for any available outside DEC job openings ?
2) Do these people, also do consulting (ie: check out your resume
do a sample interview and provide feedback ?)
3) Is DEC paying for these services ?
4) How long after TFSO, you have these services available (one
week, one month, one quarter ???)
Thanks
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2465.22 | | SOLVIT::GRTVAX::THERRIEN | | Mon Apr 19 1993 16:39 | 32 |
| RE: .21
1) Is this only for any available outside DEC job openings ?
>
> I don't know. But, if I get to use these services, that all I'll use it for!!
>
> BTW, I believe there's a corporate policy (which has had exceptions for
> extremely high and critical positions) which does not allow a separated
> employee to return to work for Digital, directly or indirectly, for 6 months.
2) Do these people, also do consulting (ie: check out your resume
do a sample interview and provide feedback ?)
>
> Yes they do. In addition, they provide bond paper for your resume, envelopes,
> stamps, FAX, copying etc. I also heard that the informal network (all the
> TFSO'd people) provide an excellent network and support structure to find
> jobs for one another.
3) Is DEC paying for these services ?
>
> The TFSO's employees are NOT paying. I don't know if DEC, the hiring
> organization or some other source is paying for the services.
>
4) How long after TFSO, you have these services available (one
week, one month, one quarter ???)
>
> Well, the person I spoke to last week has been using them since December 14.
> She didn't say anything about having to stop in the near future.
> But I actually don't know how long you can use the service.
Gerry (Who may try to get the address and go "check it out"!!)
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2465.23 | Thanks Gerry !! | ELMAGO::JMORALES | | Mon Apr 19 1993 18:24 | 1 |
| Gerry, if you get the address, ship_it_this_way !!!
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2465.24 | Yeah, sure... | A1VAX::GRIFFIN | | Tue Apr 20 1993 09:04 | 11 |
| re: .22
> BTW, I believe there's a corporate policy (which has had exceptions
> for extremely high and critical positions) which does not allow a
> separated employee to return to work for Digital, directly or
> indirectly, for 6 months.
Well, my brother-in-law, who was far from being in an extremely high or
critical position (he was in Edu Services), made a deal with his
manager. He took the first TFSO package, and oh by the way, was back on
the Corporate books as a Consultant in less than a month.
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2465.25 | What I know right now. | GRANPA::TTAYLOR | undercover angel | Tue Apr 20 1993 13:08 | 18 |
| I got a message today that the five FMC's are consolidating to three.
That means that the Tempe FMC (which the entire Tempe plant is closing,
by the way - I don't know the population), and the EMFMC at MLO will be
gone by June or thereabouts. Most likely all of these employees will be
TFSO'd.
As for my group, ADEG, the entire organization will be rolling under
at least two of the new CBu's, with the majority rolling under DM&D
CBU, and I envision massive amounts of people being TFSO'd, myself
included. We were given no specific time frame but I am planning on
being outta here by mid-May.
I'm thinking how excellent my school grades are gonna become after May.
Perhaps I'll make Rhodes Scholar ... I'm pretty psyched about being
able to collect and just concentrate on school for once in my life!!!
Tammi
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2465.26 | Correction to FMC consolidation information | MAGEE::GIBSON | | Tue Apr 20 1993 14:25 | 34 |
| re: .25
> I got a message today that the five FMC's are consolidating to three.
> That means that the Tempe FMC (which the entire Tempe plant is closing,
> by the way - I don't know the population), and the EMFMC at MLO will be
> gone by June or thereabouts. Most likely all of these employees will be
> TFSO'd.
You didn't get the same information that we did. The consolidation of
FMC's will be neither as rapid nor as extensive as you indicated.
All FMC employees attended information sessions by upper management (U.S.
Controller or staff) on April 7. Following is the information presented
to us at that time:
The three New England FMC's will merge to create two. The timeframe for
completion of this consolidation is 12-18 months. A tentative project plan
will be presented to all FMC employees toward the end of fiscal May. There
will be some headcount reduction, currently estimated at 50 out of a present
population of 350. More definite figures will be available as the plan
progresses.
SWFMC in Tempe will be merged with the FMC in Colorado Springs. Tentative
plans call for this consolidation to be completed in 2.5 years. SWFMC
will be moved into leased space (after the plant closes) until the
New England consolidation is completed. Then all activities of SWFMC will
be transferred to Colorado. There will be some opportunities for Tempe
personnel to transfer to Colorado Springs if they choose to do so.
Linda
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2465.27 | What is a FMC?????????? | ANGLIN::SULLIVAN | Take this job and LOVE it | Tue Apr 20 1993 15:36 | 6 |
|
> I got a message today that the five FMC's are consolidating to three.
^^^
What's a FMC???????????
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2465.28 | LMC FUTURE | USWRSL::BOUCHER_RO | | Tue Apr 20 1993 15:40 | 8 |
|
ANYBODY GOT ANY WORD ON THE LMC FUTURE?
LOOKING FOR AN ANSWER. BUY
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2465.29 | | IMTDEV::BRUNO | Father Gregory | Tue Apr 20 1993 16:03 | 8 |
| RE: <<< Note 2465.27 by ANGLIN::SULLIVAN "Take this job and LOVE it" >>>
>>What's a FMC???????????
Financial Management Center, or something similar. They are regional
hubs for handling finance information, data processing, etc.
Greg
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2465.30 | | REGENT::LASKO | DEClite: New logo, No Mill. | Tue Apr 20 1993 17:20 | 3 |
| To continue .29:
...not to mention processing expense vouchers and employee remimbursements.
|
2465.31 | RUMOR CONTROL | SOLVIT::GRTVAX::THERRIEN | | Wed Apr 21 1993 08:40 | 15 |
| Reference .14
>I also heard (as did .13) that the Nashua placement operations has rented an
>entire floor, in addition to what they already had, in preparation for the next
>wave.
I checked with my source and discovered that .14 needs to be clarified. It
should state that the placement operations is "investigating" the renting of an
additional floor.
BTW, the placement company's name is Drake, Bean and Morin. Located at 436
Amherst Street in Nashua.
Gerry
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2465.32 | TFSO participant | SOLANA::HARTZELL | reality and truth | Wed Apr 21 1993 14:41 | 9 |
| My group (IM&T, Western Expertise Center) has been told that we expect
to lose one (out of 6) of us on May 17th. And we might participate in
the TFSO in FY94 Q1.
We're told the criteria is performance, job knowledge, and length of
service; I don't know the priorities of these three. Any comments?
I don't feel so loyal anymore. Pretty scarey. I feel that morale and
motivation are dropping.
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2465.33 | | STAR::ABBASI | checkmate! | Wed Apr 21 1993 15:10 | 13 |
|
the TFSO drama sounds like the Chinese torture ones, where they drop one
drop of water on your head every 1 minute and after a while you dont know
when the next drop will fall becuasse they also took your watch away and
you dont know how it will feel on your head and you stand
there thinking all the time when will the drop fall and why is
it taking such a long time to fall and you become just
anxious thinking about when the drop will hit the head and you
get a nervous break down and may be like flip over from just
that anticipation of it falling on your head and not from the drop
hitting the head itself.
\nasser
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2465.34 | How to match TFSO Digits with known jobs? | CSC32::K_HYDE | Yes, we do windows -- CX03-2/J4 592-4181 | Wed Apr 21 1993 15:55 | 16 |
| Re: .31
I occasionally get calls from headhunters asking me if I'd like to
interview for Rdb Database Administrator positions. I'd like to know
how to refer these in the direction of those fellow Digits who are
getting laid off.
PS -- The calls I get are for experienced Database Administrators or
Database Programmers. Please don't call me nor send mail. I
really want to do the right thing by those Digits who are getting
laid off, but not start a clandestine placement service.
Is there someone in Digital or associated with Digital to whom I can
refer these?
Kurt
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2465.35 | | STAR::ABBASI | checkmate! | Wed Apr 21 1993 16:00 | 6 |
| .-1
try posting the info in the jobs note file OASS::JOBS
\bye
\nasser
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2465.36 | | CVG::THOMPSON | Radical Centralist | Thu Apr 22 1993 08:14 | 7 |
| > try posting the info in the jobs note file OASS::JOBS
If you do this you will likely find the note deleted. That conference
is for posting about jobs *in* Digital. External opennings have not
often recieved a warm welcome from the moderators.
Alfred
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2465.37 | Trying to do the right thing | CSC32::K_HYDE | Yes, we do windows -- CX03-2/J4 592-4181 | Thu Apr 22 1993 14:56 | 13 |
| Re: -.1
That's why I didn't post it there. That notes conference is to benefit
Digital. Posting an external job or external contact there wouldn't be
in Digital's best interests.
If Digital is helping to outplace layed off employees, then assisting
that effort would be the right thing. I'm surprized I haven't heard
from someone in of our outplacement offices.
Trying to do the right thing.
Kurt
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2465.38 | | CARTUN::MISTOVICH | depraved soul | Fri Apr 23 1993 11:06 | 4 |
| The right thing for whom?
I would think they would welcome external job notices -- one person
less to downsize, one less package to pay...
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2465.39 | plant closings factor in | SALEM::LEVESQUE_T | Oh, yeah! The boy can PLAY!! | Fri Apr 23 1993 13:54 | 11 |
| Galway was mentioned earlier and referenced a number of 750 that would
be TFSO'd. I'm assuming that that headcount is in the Q3 ending number
of ~98K.
Other headcount I think is still included but soon not to be might
include some of the following: Burlington, VT, Springfield, MA,
Westfield, MA, and some number of HEO or TMP folks whose last day was
April 16. I don't know the numbers involved, but I thought a recent
article on SPO being spawned as SpringBoard INC. mentioned about 300.
Ted
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2465.40 | This is what I know. | ELMAGO::JMORALES | | Fri Apr 23 1993 16:19 | 15 |
| Re: .39
When DEC decided to close the Puerto Rico Operations (SGO & AGO)
totalling 1,268 employees, the question was asked to Ed McDonough
(VP Mfg. & Logistics) when DEC, for reporting purposes (P&L) will
publish the decrease in manpower. We were told (I was in the meeting)
that it was a requirement of the Securities and Exchange Commission
(SEC) that the decreases in manpower were to be reported at the time
the related manpower was not physically in the company premises.
Therefore, the ~ 750 from GAO will be offset on a quarter-per-quarter
basis until finally depleted to -0- in Qtr. 2 FY'94 (or March 94).
If we follow this the ~750 are still in the 98,100 number, that is
mainly due to a situation that is not controlled by DEC, but it is
controlled by a US Goverment Agency (SEC) and it has legal
implications.
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