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  2. Termination of employment - Wikipedia

    en.wikipedia.org/wiki/Termination_of_employment

    A less severe form of involuntary termination is often referred to as a layoff (also redundancy or being made redundant in British English). A layoff is usually not strictly related to personal performance but instead due to economic cycles or the company's need to restructure itself, the firm itself going out of business, or a change in the function of the employer (for example, a certain ...

  3. Starbucks’ ousted CEO oversaw a $32 billion drop in market ...

    www.aol.com/finance/starbucks-ousted-ceo-oversaw...

    According to his September 2022 offer letter, Narasimhan was hired at a $1.3 million base salary, a cash bonus of between 200% to 400% of his base pay and annual equity awards with a target grant ...

  4. Severance package - Wikipedia

    en.wikipedia.org/wiki/Severance_package

    Instead it is a matter of agreement between employers and employees. Severance agreements, among other things, could prevent an employee from working for a competitor and waive any right to pursue a legal claim against the former employer. Also, an employee may be giving up the right to seek unemployment compensation. An employment attorney may ...

  5. Constructive dismissal - Wikipedia

    en.wikipedia.org/wiki/Constructive_dismissal

    The individual terminations of employment provisions may also apply in cases of constructive dismissal. This includes provisions in sections 230 to 234 of the Code, and the severance pay provisions in sections 235 to 237. Unfortunately, the characterization of a constructive dismissal is not always straightforward.

  6. Ex-Beaumont CEO didn't earn his severance pay | Letters to ...

    www.aol.com/ex-beaumont-ceo-didnt-earn-120152094...

    John Fox received $10.2 million dollars in severance pay and bonuses upon leaving his job as Beaumont's chief executive. (" Former Beaumont CEO John Fox walks away with nearly $10.2 million in ...

  7. Elon Musk made SpaceX workers sign illegal severance ... - AOL

    www.aol.com/finance/elon-musk-made-spacex...

    Elon Musk-owned company charged with “interfering with, restraining and coercing its employees in the exercise of [worker] rights”.

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