Articles Related to severance package

Cisco downsizing on the sly through outsourcing?

'Limited restructuring' as Cisco sources call them, are a way for the company to cut costs by reducing workforce in small, incremental moves without having to publicly announce or disclose the actions in compliance with government labour regulations

Laid off? Make sure you get what you deserve

With layoffs continuing to hi-tech giants such as IBM, Microsoft and Intel, IT professionals need to be aware of the kind of severance package they should be getting. We asked several nationally recognized employment lawyers for a crash course in Employment Law 101

Dell workers offered unpaid time off, voluntary separation

Enhanced severance packages, a freeze on hiring an non-essential projects are part of cost cutting measures which Dell hopes will help it weather the economic storm

WorldCom plans job cuts and asset sales

Beleaguered telecommunications firm WorldCom Inc. is committed to re-invigorating its business and will do that by cutting staff and selling off assets as it attempts to pare down some US$30 billion in debt, newly appointed CEO John Sidgmore told shareholders at a meeting here Friday.

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