In September, he will get a severance of 16 weeks' pay from the company, which he said, “should last me until the New Year.”
Is this a stealthy way to lay people off without incurring the expense of severance packages?
Thirteen months ago, she left Merrill with a severance package reportedly worth $6 million.
In 2010, Luray left, receiving more than $300,000 in salary and severance for the year, according to tax records.
The senator told staffers it was "severance" equivalent to six months pay and a year of health insurance.
Thus threatened with severance, the tie between them—for it had become a kind of tie—no longer had impersonal quality.
Mr. severance was a man of many rare and sterling attractions.
While severance was in the offing I'd have stuck to you like a leech, because you're too good for him.
She no doubt felt the severance that was taking place and became very sad.
He was rudely disillusioned as to the possibility of this severance.
early 15c., from Anglo-French, from Old French sevrance "separation, parting," from sevrer (see sever). Meaning "discharge from employment contract" is attested from 1941. Severance pay attested by 1942.