There will be additional severance expenses related to cutbacks in those areas, the Interpublic statement said.
It took a charge of $3 billion, or 66 cents a share, related to severance expenses in the quarter.
One reason costs increased in the quarter was a "substantial" increase in severance expenses as a result of the layoffs.
The added charge reflects severance expenses to 340 furloughed workers, consulting fees and trouble at Dynegy's communications unit.
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.
Excluding special items, some of which were related to the aftermath of the attacks like severance expenses, US Airways said its loss was $433 million, or $6.45 a share.
Layoffs are also costly, given severance expenses and the costs of rehiring or training new employees when business picks up again.
Restructuring charges were $2.1 billion, including employee severance expenses and the write-down of certain assets in connection with our restructuring activities.
In case you do not understand the plan, in addition to the $2.4 billion of severance expenses, I believe the plan will negatively impact employee behavior and degrade the ability of an acquirer to successfully integrate the acquisition.
The documents obtained during discovery and released in the shareholder complaint show that Yahoo! estimates the maximum change in control severance expenses to be a staggering $2.4 billion if Microsoft bids $35 per share for Yahoo!
