Watson retires after all the hoopla of the last week. Burned by the public outcry over his remarks in UK media outlets, Dr. Watson emailed his retirement message to the NY Times.
Cold Spring Harbor Laboratory has published a press release as well. This press release contains no details, but Watson's email says that he will get to keep his home at CSHL.
Noah Gray posting on Nature's Action Potential Neuroscience blog has heard additional details, such as that Watson will keep his secretary, his office, and his salary, only losing the Chancellor nameplate on his office. Gray also calls this "a little finger-waggling" from the CSHL Board.