Conference 7.286::digital

    Re: .0
    
    Don't know about any of the others on your list, but I can confirm Jay
    Atlas, as well as add Bud Keating, Harry Eisengrein, Ron Eisenhower,
    and Bob Long from the U.S. Area.  These five were announced today in a
    memo from Russ Gullotti and circulated through our group's management.
    Since Roseann Giordano was one of the forwarders of the memo, it
    appears that she is still on board.  The five named individuals are
    indicated as leaving Digital as of December 31.
    
    	Bill

FWIW, Don Zereski doesn't seem to be listed in ELF anymore.

Some of those names in .0 sound too good to be true. ;^)  If even half of
them are it would be VERY interesting.

								paul

    
    I find it very hard to believe that these people are no longer with
    the company.  Peter Smith? BJ? John Sims?  Infante?
    
    Kevin

Jeffry Gibson
(508) 493-6865

Jamie Pearson
(508) 493-2149



               DIGITAL EQUIPMENT CORPORATION ANNOUNCES
           RESIGNATION OF VICE PRESIDENT DONALD P. ZERESKI


MAYNARD, Mass. -- December 30, 1992 -- Digital Equipment Corporation 
today said that Vice President Donald P. Zereski plans to leave the 
company at the end of the month.  Zereski plans to consult with 
companies interested in creating or expanding their international or 
services business.
     Zereski joined Digital in 1962.  In his time with the company 
he held a succession of management positions in Sales and Customer 
Services, Engineering, Manufacturing and Product Support.  He was 
responsible for establishing many of Digital's international 
subsidiary operations in the Pacific Rim, Latin America and other 
developing countries.  Zereski was transferred to Europe in 1983 and 
was responsible for Field Service, After Market Sales and 
Distribution of Digital's products.  In 1985 he became Vice 
President of Worldwide Customer Services and in 1989 he was named 
Vice President of the US Area, completing this assignment in October 
of 1992.
     Zereski, 50, said of his decision to leave the company, "In the 
30 years that I have spent at Digital I have been given many 
opportunities to grow both professionally and personally.  It has 
been very exciting to have been part of growing Digital from a small 
computer company to the global leader that it is today.  At this 
point in my career, however, I have decided to pursue other 
opportunities in information-related industries."


     "Don has contributed in many ways to the company's success 
during his years at Digital" said Robert B. Palmer, President.  
"We're grateful for his many achievements and wish him success in 
his future endeavors."
     Digital Equipment Corporation, headquartered in Maynard, 
Massachusetts, is the leading worldwide supplier of networked 
computer systems, software and services.  Digital pioneered and 
leads the industry in interactive, distributed and multivendor 
computing.  Digital and its business partners deliver the power to 
use the best integrated solutions - from desktop to data center - 
in open information environments.
                                ####

CORP/93/930 

    

    Infante and John Simms are *not* being TFSO'd, so I wouldn't be
    suprised if the list in .0 contains other errors (or omissions).

    I just received a message from my AGM who received it from, from, from,
    ... Gullotti stating that "On December 31, Jay Atlas, Harry Eisengrein,
    Bud Keating, Ron Eisenhower, and Bob Long will be leaving Digital."
    
    I know some of these took the SERP but had stayed on in special
    `consulting' roles.  Maybe that is the case of several of these,
    instead of being TFSO'd.
    
    tgc

Have not seen anything on Jivewire yet...

    re: Zereski commenting on "his" decision to leave
    
    Har Har, what a laugh riot!  That guy always cracked me up!
    

    re: .8
    	Don't laugh.  That just saved this company millions of dollars
    	in expenses.
    

      I have never seen a person in a "V.P." position get "TFSO'ed",
    "Dismissed", "Terminated" or "Fired"
    
      V.P.'s "Resign", "Open their own Company", "Move on to accept a
    challenging and exciting new position"....etc...etc..
    
      Only "doo-bees" get canned, tfso'd, fired, terminated, etc...
    
      JM
    
    
      B.T.W...I also have serious doubts about the accuracy of the
    'list'...but I also believe that we'll see many more names in the weeks
    and months to come...
    
    JM

    Yeah, I'm beginning to doubt the list, too.  Mostly because it hasn't
    been followed by an official denial ...  ;^}
    
    Steve

    I saw a memo that said Atlas, Eisengrein, Keating, Eisenhower, and Long
    were the only VPs to have left the company, and rumours to the contrary
    should be discouraged.

     
    > -< Only 5, So Far >-
    
    but a good start!
    
    Methinks Lawyer jokes are equally applicable to VPs.
    
    ;-)
    -Ed
    

    re: .12 (from my .11)
    
    Ah!  Now I can believe .0 ...
    
    Steve

Jack Smith Retires after 34 years of service (5-JAN)

.....directly taken from livewire

Ok I'm gonna ask. What does TSFO stand for?

I asked around (here in Switzerland)  but nobody knows.

/Paul.

    Transition Financial Support Option - better known as 'the package'
    =          =         =       =

It's spelled "TFSO", but it is pronounced "Layoff".

    From what I hear and read (in notes).....the VP's, who are leaving by
    their own choice after many years of service and after having the same
    dream of starting a new life...all of a sudden,  are receiving a package 
    by a different name.......GTFO = Get The F@$# Out!
                   

    
    In response to a mail message from a reader with a weak constitution...
    
    The next package where the lump-sum is eliminated after the 9 weeks
    will be known as TSFO or "Tough Succotash Fly Off"
                     ^^^^               
    Sanitized for you protection!
    
    SO THERE!!!!
    
    -Ed
                   

    Careful Ed, one of these days the net police will get you.
    but I do kinda like the Succotash remark!
    
    sigh... people have no sense of humor anymore...

    In response to the question raised in .0 "is this true" the answer is
    no it is not true.
    
    Mark

    
    Hang on, Mark -- answering a base note question cuts dead the "let's
    hang VP's & managers" ratholes. Could be a (rare) precedent......
    
    
    Colin

    If tough succotash was served up to these vp's, I'll bet it was served
    in a gildded bowl, eaten with platinum utensils, and washed down with
    liquid from a diamond studded silver goblet. Anyway, it was the golden
    handshake, parachute, whatever. How many of these "fired" vp's do you
    think are ina warm weather climate right now, "recovering" before going
    out to find another position?

    Well 6 months later. It looks like the good source cited in .0 wasn't
    very accurate. According to ELF the only ones from the list who are not
    here now are:
    
    Jay Atlas
    Don Zereski
    Mervin Lackey
    Lou Gaviglia
    
    the other 10 still seem to be here. 4 out of 14 doesn't seem too
    accurate to me.
    
    Dave

    (Using the inherent indexing capabilities of VAX Notes, it would be
    interesting to see if I could find a note that discussed his departure)
    
    After a period of being involved with startups Jack Rose formerly a VP
    in Digital's PC (and DECmate?) efforts, is now VP for desktop PC's at
    Compaq.

    
    Time for an update. 6 of the originally rumoured 14 are now gone. Bill
    Johnson and John Sims just got added to the departed list. Thus the
    following are not here now:
    
    Jay Atlas
    Don Zereski
    Mervin Lackey
    Lou Gaviglia
    Bill Johnson
    John Sims    
    
    Was the list really inaccurate as it seemed to be or is there always a
    delayed reaction for VP departures?
    
    Dave

    re:  31
    Make that 7.  John Alexanderson just resigned on Friday.

    Why is it,when peons are let go, it is "weeding out the deadwood", but
    when a Veep goes "they are choosing to pursue opportunities
    elsewhere..."
    
    
    q
    

    maybe 'cause peons don't get their "terminations" written up in the
    trade rags.
    
    Mark

re .33

Its called lawsuits and golden parachutes.  Its cheaper to ease them out than dump
them.  We grunts don't have the clout or costs associated with letting us go.

	Dave

    
    Re: .33
    
    
    	Thats why we are called   pee-on's