Sentence examples for by a severance package from inspiring English sources

The fatal blow was usually cushioned by a severance package worth several million dollars.See article: Tough at the topTwo new giants were created in the drug industry: Glaxo Wellcome announced a union with SmithKline Beecham, and Pfizer completed its acquisition of Warner-Lambert.

And on July 26th, as a climax to easily the biggest blunder to date, Juan Villalonga resigned from Spain's Telefonica, his passing eased by a severance package said to be half as big again as Mr Gent's bonus.Mr Villalonga's demise had been a few weeks in the offing, whereas his ascent took years.

Business owners cannot persuade employees to quit "by offering a severance package in exchange for a written agreement to forgo unemployment".

Redundancy, even cushioned by so lavish a severance package, is painful.

Mr. Fourtou said he had received daily complaints from shareholders about demands by Mr. Messier for a severance package, after his dismissal in June.

Mr. Mottola, who will start a new label backed by Sony, will get a severance package worth $20 million, according to an executive close to the discussions.

Mourinho, who only signed a new four-year contract in August, is expected to be paid a year's salary by Roman Abramovich, in a severance package that will be worth in the region of £12m.

Depending on what he says, consider asking to leave by mutual agreement along with a severance package.

The situation is complicated by the fact that a severance package for the 73-year-old, who is under contract for the remainder of this campaign, could cost as much as £1.6m.

Steven Rose, a company spokesman, said 330 workers at North Haven opted to take a severance package offered by the company two weeks ago.

Atlanta-based Delta said it would reduce capacity by 5.0% this year after it offered a severance package to half its workforce, or 30,000 employees.