A severance package is compensation a company offers to employees who face layoffs. It can include money and other benefits, such as continuing insurance coverage, job placement assistance ...

A big question on anyone's mind who is facing a layoff situation is whether or not they will receive severance pay or a severance package. Read through this comprehensive guide to severance pay to ...

Google also announced a new round of layoffs Wednesday. The company also said it would move some roles overseas. At a time when job hopping can feel extra risky, negotiating a severance package ...

Those sources also said that about 300 employees took the voluntary severance package. The $60 billion distribution powerhouse’s new layoffs impact a wide range of positions including sales reps ...

Key Points Sometimes, leaving a job voluntarily can work to your benefit. If there’s severance involved, you’ve got time to ...

A severance package is the pay and benefits an employee receives from an employer when their employment contract has unexpectedly ended due to a layoff or job elimination. “Severance is a very ...

When layoffs become necessary ... Employees will be worried about their severance packages and how this change will affect their benefits and job prospects. Provide them with the opportunity ...

But the quality of severance packages, if offered at all, vary from company to company and are often negotiable. Workers experiencing their first layoff may be in the dark about whether they’re ...

Dell has not disclosed the number of jobs it eliminated in the August employee layoffs - the company’s second round of layoffs this year. The company paid $367 million in severance and related ...