T.R | Title | User | Personal Name | Date | Lines |
---|
204.1 | Topic is perfectly ok | NECSC::LEVY | Where I'm dreamingly amazed | Fri Oct 11 1991 14:15 | 8 |
| As a moderator, I have no problem with this topic at all...perfectly appropriate
to discuss this stuff.
Sorry that you're put in a position like this Randy.
~dave
p.s. - It was really good to see you at the show in Boston!
|
204.2 | | CLOSUS::BARNES | | Fri Oct 11 1991 14:18 | 9 |
| hang in there Randy, I know how hard it is seeing people you've worked
with for 10-15 years walked out the door. It's only a matter of time
before our group is hit again. Personaaly, when all this started, what
now 2 years ago? my stomach was in knots every nite..I drank heavily
(well that hasn't changed %^) ) and I was bitch at home. High Anxiety
to the MAX!...Now I've learned to ignore it ALL until it REALLY
affects me, other than how it affects me as I see friends leave.
rfb
|
204.3 | | WFOV12::BUTZE | Quick beat of an icy heart... | Fri Oct 11 1991 15:14 | 19 |
| Randy.....go with your gut feel...I've been through three layoffs
in past jobs and two size downs with buy outs in Dec. Here are some
things that I have come down to.
......If you have the opportunity to get another job that has some
stability to it,equal to or better than DEC....and some-one wants to
you 3/4 a year worth of salary...DO IT...you will never have the
chance again to let someone hand you that amount of cash that
could gain you a tidy yield (invested correctly). Especially if
you have a young family. Look bud, your vested...and if you have that
job for sure...go for it...you can transfer any long term savings
(401k). Being able to deposit a good chunk of change should never
be passed up. I feel that DEC is gonna be unstable in all areas
for a while to come and until it settles down we all will be looking
over your shoulder if you can live with it ok, but if you can't don't
miss a good opportunity....BTW my last job was a buy out and I ended
up at DEC, (not 36 weeks pay but 10 ain't bad).
be good
rich
|
204.4 | | BCSE::ABBOT | That would be telling | Fri Oct 11 1991 18:14 | 18 |
| Also getting a large chunk of cash is a good chance to do some
short-term big investing, like treasury bills that pay over 10%.
How's the economy in Atlanta? Probably better than New England. If you
have a definite chance at an equal or better job at a secure company,
it may be worth the gamble. Maybe you could bargain some extra vacation
time, with small companies you can, larger companies are pretty set in
their ways. No telling when you may be termed redundant again but not
given a buyout, or not have another group willing to hire you.
The desicion is really up to you, but if the jobmarket in Atlanta is
good and they give you enough time to decide on the buyout so that you
can get a feel for the job market, it may be worth it. These days, many
years of service hardly means anything when it comes to downsizing,
except for the "benefits" you earn.
Scott
|
204.5 | | RANGER::NOURSE | | Mon Oct 14 1991 11:17 | 1 |
| Take the money and run...
|
204.6 | | TERAPN::PHYLLIS | Wake, now discover.. | Mon Oct 14 1991 11:25 | 14 |
|
Hi Randy,
I'll miss you in here.. but I say take the outside job!!! You might be
starting all over again in terms of seniority, but look what seniority
gets you here :-/.. nothing! At least you get to start out well ahead
of the game with that big chunk of change in the bank. I believe this
is the last time the package will be offered here, and who knows what
group will be wiped out next.
Good luck whatever you choose. These decisions are never easy.
Phyllis
|
204.7 | Be a good DECscout, be prepared! | SPOCK::IRONS | | Mon Oct 14 1991 13:35 | 10 |
| Yeah man, go for it!!
I've been trying to get myself ready for the big DECblue axe. Learning
as much as I can about Pathworks/PC's, Unix, RDB (which I'm in class
for as I type). It'll probably swing at me after DECworld, May 92.
DEC isn't special anymore. It's like any other company, except for
notes, I guess.
dave
|
204.8 | | VERGA::STANLEY | what a long strange trip it's been | Mon Oct 14 1991 14:33 | 1 |
| I vote with Andy... take the money and run.
|
204.9 | Deposit the check & split | GRANPA::TDAVIS | | Mon Oct 14 1991 15:40 | 6 |
| I say take the money and run also, think where are you going to get
this chunk of change given to you in your lifetime,(unless someone
is rich and your in the will). If you are lucky enough to be in the
erc for four weeks before seperation, use the time to find a job
in Atlanta, or go into business for yourself. I think we are turning
into just another Fortune 500 company, the magic is going.
|
204.10 | | SKYLRK::TING | Give Peace a Chance!!! | Mon Oct 14 1991 17:08 | 5 |
| 36 weeks pay is a lot! If someone offers that to me, the only thing I'd
say is "See ya!!". Good luck in whatever you decide on, Randy.
peace,
t!ng
|
204.11 | | SAHQ::SWITTS | It's Summer in Atlanta | Tue Oct 15 1991 12:18 | 20 |
|
I appreciate all the input on this big decision..... I have been
tormenting myself with this decision over the weekend and last night
and have decided to accept a position as part of the Transportion
group here in Atlanta. It is part of the Service DCC.
I will be providing sales support to transportation accounts
mainly Delta airlines, United and Marta (Atlanta's T). The job
allows me to continue on my career path towards becoming a technology
consultant focusing on Electronic Publishing and Imaging systems.
This job will give me a chance to work directly with customers
on thier business needs and also make contacts I could use if I get
the buy out again in the next round. Working at the ACT, although I had
customer contact, they really never got to know me or my expertise
because I only helped demonstrate the technology.
Bottom line: You haven't gotten rid of me yet !!
Randy
|
204.12 | | MSHRMS::FIELDS | any idea's ? | Tue Oct 15 1991 12:41 | 1 |
| hang in there Randy !!!!!!
|
204.13 | here and there | JENEVR::RUDNICK | | Thu Oct 31 1991 12:51 | 4 |
|
i'm glad you're still within the keyboard's reach old bud...
ben.
|