The company said the group will offer the opportunity to apply for vacant positions at other sites to the employees affected and also work with employees and their representatives to agree on appropriate loyalty and severance packages.

BBC: South East Wales

The earnings were also hurt by legal charges, severance charges and the declining value of its investments.

MSN: Microsoft reports drop in profit, revenue

You also might get severance later if you sue and settle.

FORBES: Cyber Monday: How Is Severance Taxed?

" In addition, CNPC will receive an undisclosed amount of funding and will use those funds to repay an unspecified amount of "borrowings" (the underlying activities which these borrowings funded is also unknown), and to "fund the employee retraining and severance plans established in connection with the restructuring of the CNPC group.

CENTERFORSECURITYPOLICY: Center For Security Policy

Bassoul also applied a salve, offering severance packages he claims exceeded both the law and Middleby's policy of one week of pay for every year of service.

FORBES: Sell the Sizzle

Also on the table were limits to the fat severance payments available to bureaucrats, and measures to speed the privatisation of telecoms, electricity, fisheries and the post office, and to contract-out the management of ports.

ECONOMIST: Ecuador