Sentence examples for immediate severance from inspiring English sources
In a filing with the Securities and Exchange Commission, the bank announced that its former chief executive, who resigned on Wednesday, would receive an immediate severance of $2 million.
ASSOCIATED PRESS For Bank of New York Mellon, an Expensive Goodbye to Kelly | In a filing with the Securities and Exchange Commission, the bank announced that its former chief executive, Robert P. Kelly, who resigned on Wednesday, would receive an immediate severance of $2 million, with more to come.
When one of the co-founders arrived to break the news at the company's office in Pune, a city near Mumbai, he was taken hostage by angry employees who demanded immediate payment of severance packages, technology news site MediaNama reported.
Metricom declared bankruptcy in July 2001 and went out of business a month later, thanking its remaining 300 employees with one week's severance pay and immediate cancelation of all health care benefits.
According to the philosopher David Abram, the negative consequence of the invention of writing was a severance of humankind from its immediate environment, a loss of embeddedness in the earth: "Only as the written text began to speak would the voices of the forest and of the river begin to fade.
Mr. Evans's former employer also gave him a sweet going-away gift: a one-time severance payment of $1.5 million and the acceleration and immediate vesting of some $3.8 million in stock options that would have lapsed had the company not approved the immediate vesting.
Layoffs on Wall Street tend to have less of an immediate effect on unemployment statistics because financial companies often hand out severance that tides people over for weeks or months, delaying their need to seek unemployment benefits, analysts said.
This is your severance package".
It calls the payment "severance".
Lester Speiser Severance, N.Y.
