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The decision to take the severance package was difficult, he said.
In some cases, however, a severance package may be paid.
Prime gave severance packages of one week's pay for every year worked.
When you are fired, hold out for the best severance package.
It is not yet known if he will receive a severance package.
Each time, he got enough of a severance package to tide the family over.
And if you did, the severance package would probably be more than most people make in a lifetime.
Severance packages have already become a hot topic, he said.
I was given the choice of a lesser position or a severance package.
Lawyers said their severance packages could run into the six figures.
They will receive severance packages if the deal is completed.
Now I've got to find an attorney to negotiate my severance package.
The government has advised him that his severance package will not be paid.
They are also counting on severance packages from the hospital (a week's pay for every year worked).
Now living on generous severance packages, most families have yet to feel the economic impact.
After all, to get the best severance package possible, many of them agree in writing not to sue.
Nor did the company's statement mention anything about severance packages.
The new severance package is intended to eliminate about 5,000 more jobs.
He said those workers losing their jobs would be offered severance packages.
Only 500 workers have elected to take the severance package announced earlier this year.
Too bad, you could argue, because then I might have gotten a very nice severance package.
Severance packages for the top five executives at a large firm however can go well beyond this.
"They clearly hoped I'd ask for a severance package," she said.
His severance package amounted to about four or five months' salary.
Many of those dismissed have received relatively small severance packages.