Sentence examples for severance plans from inspiring English sources

Labor lawyers say that in a small number of states — including New York, where Gannett has several newspapers — there is another way that people could receive much less than they would have under the company's former severance plans.

"We repeatedly see companies' assets go out the door to reward failure," said Scott Zdrazil, the director of corporate governance for Amalgamated Bank's $11 billion Longview Fund, a labor-affiliated investment fund that sought to tighten the restrictions on severance plans at three oil companies last year.

"If Icahn's slate prevails, Yahoo shareholders will be funding huge cash severance and equity acceleration over the following two years for every employee who is either terminated or who resigns with 'good reason' as that phrase is loosely defined in the severance plans," the plaintiffs argued in a brief filed late Monday and made available to The New York Times.

These stock option grants are on top of the previously announced changes to Yahoo's severance plans.

What Is Yahoo's Strategy – Scorched Earth, Or Knife To The Nose? Yahoo has put costly severance plans in place to both retain employees and make themselves a less attractive acquisition candidate.

When severance plans are offered, I see hucksters come running, pitching everything from financial products to fast food franchises.

Nonetheless, the severance plan has been controversial.

It will reduce its head count of nearly 30,000 through a voluntary severance plan, executives said.

Your severance plan, he wrote, "will make things increasingly more expensive for msft though".

The new executive severance plan took effect Monday, according to a filing with the Securities and Exchange Commission.

And in March, Bank of New York Mellon executives signed on to a severance plan incorporating the new restrictions, which limits severance to 2.99 times annual salary and bonus.