Sentence examples for for the severance from inspiring English sources

She said Mr. McCarthy was eligible for the severance package because he was not fired "for cause," but was replaced because the board wanted a leadership change.

Separately, Representative Scott McInnis, Republican of Colorado, strongly criticized United yesterday for the severance package it is giving to the departing chief executive, Mr. Goodwin.

Disney will take a one-time charge of $250 million, the majority of which will be spread over the next two quarters, to pay for the severance expenses.

It also reported $57.6 million in investment losses and $9.8 million in costs for the severance payout and pension benefits to Harold Chandler, who was fired as chairman and chief executive in March.

The oligarch Alisher Usmanov stepped in with a loan to cover most of the arrears owed to Capello but it is unlikely the federation will want to fork out for the severance pay.

Benefits to those laid off are generous, he said: a year's pay for workers with at least 25 years' service, at least three months' pay for short-termers and company-paid health insurance for the severance period.

Scadding suggested that as an alternative the National Audit Office, which looked at 60 of the severance payments for its critical report on BBC value for money earlier this month, should now examine the remaining 90.

A government-managed fund, meanwhile, will cover a part of the severance pay for indefinite work contracts.

A government-managed fund also was set up to cover a part of the severance pay for indefinite work contracts — a move that was intended to discourage companies from relying on temporary workers.

Pfizer, the world's biggest drug maker, is significantly reducing the value of the severance packages for top managers in a nod to public pressure to reduce executive pay.

The days have been long for the Severances.