Sentence examples for reduce the severance from inspiring English sources

Typically the resolutions asked the board to strip the company of its takeover defenses, reduce the severance pay of senior executives, or expense the stock options granted to executives.

Mr. Zdrazil and other shareholder advocates say that investors have made some progress by pressuring companies to reduce the cash portion of severance packages to about two times salary from three.

We recognize this and have offered affected employees supportive severance packages to reduce the impact of this transition on them".

It has also introduced a streamlined formula for severance pay, which will considerably reduce the amount in some cases, while increasing it in others.

Generous severance packages and unemployment benefits also reduce the incentives to migrate.

Adams denied on Monday that she had instructed HR staff to be lax about paying handsome severance deals in an effort to reduce the senior management headcount at the BBC.

Mr Bibby said the authority hoped to reduce the number of compulsory redundancies through natural wastage, voluntary severance and early retirement.

In a statement, former director general Mark Thompson said the "sole reason" for making the severance payments "was so that the BBC could rapidly reduce the number of senior managers and make far larger savings on behalf of the public".

The decree is intended to reduce the cost of firing workers on permanent contracts by reducing their severance pay in certain cases to 33 days per year worked, rather than 45, according to a spokesman for the Labor Ministry, Pep Gorgori González.

Manchester Technologies Manchester Technologies Inc. (Nasdaq: MANC) of Hauppauge said Monday that it would reduce the value of assets sold to ePlus Inc. by $5.5 million to $7.5 million, taking severance costs into account.

Citi will also take a $400 million charge in the fourth quarter to cover the severance and other costs related to the downsizing effort, which will reduce the bank's work force by about 2 percent, to 262,500 employees.