Severance

This Week In Cheating: Ken Lewis' Pension

Jeff Kreisler | Posted 10.01.2009 | Business


Jeff Kreisler

What's a pension? A system wherein the employee gives the boss money for "safekeeping." Good luck with that.

Gannett Now Cutting Severance Pay For Laid-Off Employees

New York Times | RICHARD PÉREZ | Posted 08.27.2009 | Media


But rather than pay severance, as it did in previous rounds, Gannett is paying what is called supplemental unemployment benefits, which allows the com...

5 Steps to Take After a Layoff

Nicole Williams | Posted 06.05.2009 | Style


Nicole Williams

Once you recover from the initial shock of the news, you'll want to take these steps to help ensure a smooth transition into the next chapter of your life.

Microsofties

Fortune's Stanley Bing | Posted 03.27.2009 | Business


<i>Fortune</i>'s Stanley Bing

As Microsoft transitioned a bunch of people out the door, the software giant paid some employees too much in severance. The company then sent out letters asking for the money back.

10 Tips For Negotiating A Big, Fat Severance Deal

Silicon Alley Insider | Nicholas Carlson | Posted 01.04.2009 | Business


Today, 850 at Viacom, 500 at NBC Universal and another 12,000 AT&T found out they will lose their jobs in layoffs.We hope not, but if you're in a medi...

Sanity After Severance

Tevis Gale | Posted 03.28.2008 | Living


Tevis Gale

Like the dot-com bust, but very, very, very different, severance is not such a remote possibility these days. Just yesterday employment consulting an...

Mortgage Lender Lays Off 2,403 Employees

AP | Alex Veiga | Posted 03.28.2008 | Business


Mortgage lender IndyMac Bancorp Inc. said Tuesday it will slash its work force by 24 percent, laying off 2,403 employees in a bid to cut costs as it t...