Severance Package
107 Stories
Microsoft drops job axe on Philippine office
News It offers voluntary separation package, allowing staff of its Philippines operations up to May 15 to decide whether or not they wish to accept the offer.
Tags: Layoffs, Recruiting, Career, Microsoft Corp., Steve Ballmer, Philippines, Compensation, Worker, job, severance package
Intel shuts plants in the Philippines, Malaysia
News Close to 3,000 employees in the two countries will be affected, as chipmaker restructures its manufacturing operations--a move that also impacts two U.S. plants.
Tags: Processors, Budgeting/cost control, Operations, Global strategic management, Intel Corp., Asia, Philippines, Manufacturing, Asia-Pacific, Malaysia
Conway could get US$20 million golden parachute
News Ousted PeopleSoft CEO could get a severance package of between US$10 million and US$20 million.
Tags: Layoffs
Icahn's proxy fight could trigger Yahoo's severance plan
News Billionaire investor's proxy slate may get saddled with Yahoo's controversial employee severance plan. Icahn, meanwhile, is said to be calling for Jerry Yang's ouster.
Tags: Investor relations, Leadership, Employee communications, Plan, Yahoo! Inc., software, Carl Icahn, Delaware Chancery Court, job, Jerry Yang
Yahoo shareholders seek to nix severance plans
News Yahoo shareholders are seeking to invalidate a controversial employee severance plan prior to the company's August 1 shareholders meeting.
Tags: Mergers, Acquisitions, Search, Plan, Yahoo! Inc., Compensation, Stock, Carl Icahn, Delaware Chancery Court, job
Yahoo offers severance with a soft landing
News Company offers a twist on the typical cut-loose package doled out by most companies, according to sources.
Tags: Web sites, Domain names, Search, Workforce, Yahoo! Inc., accrual, payroll, layoff, payment, News.com
Yahoo to ask for dismissal of amended shareholder suit
News By next week, company also plans to oppose motion by plaintiffs seeking a trial date prior to Yahoo's annual shareholder meeting.
Tags: Acquisitions, Mergers, Search, Motion, Yahoo! Inc., Annual Meeting, Delaware Chancery Court, job, bank, San Jose
To cut costs, Dell asks workers to take unpaid leave
News The PC company calls the measure "targeted cost reduction" during a slowing economy.
Tags: Budgeting/cost control, Cost control, Human resources, cost savings, layoff, Worker, News.com, severance package, blog, Dell Computer Corp.
Dell cuts 1,900 Irish jobs in production switch
News The company has announced restructuring that will see the loss of 1,900 jobs at the company's manufacturing facility in Limerick.
Tags: Desktops, Global strategic management, EMEA, Manufacturing, Procurement, Middle East, job, supply chain, Africa, Dell Computer Corp.
PeopleSoft sweetens severance packages
News In a move to retain employees, PeopleSoft quadruples the size of the minimum severance package for employees.
Tags: Layoffs
Amazon gives cut workers more time to sign
News Amazon.com workers recently cut from the online retail giant now have more time to consider a separation agreement that has raised the hackles of employees and labor advocates alike.
Nokia cuts CDMA plans, jobs
News The Finnish mobile phone maker is axing 500 jobs associated with CDMA technology, the standard in the middle of its legal spat with Qualcomm.
Tags: Cellular phones, Mobile/Wireless, Layoffs
Conway's golden handshake
News PeopleSoft's ousted CEO walks away with a severance package in excess of US$16 million.
Tags: Business applications, Layoffs
Motorola Asia: Layoffs but no plant closures
News Motorola Inc has confirmed that "some" of its 11,500 employees at its Asia Pacific semiconductor operations will be affected by the company's latest retrechment exercise.
HP struggles, sees some improvement, post-Fiorina
News Hewlett-Packard exec says company is hummin' along as it headhunts a new CEO and tries to broaden some first-quarter financial results.
Tags: Hardware
