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Definitions

severance

[sev-er-uhns, sev-ruhns] / ˈsɛv ər əns, ˈsɛv rəns /


Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

The union is pushing for larger severance packages and for its members to be transferred to other local Peet’s stores with open positions.

From Los Angeles Times

In its last quarterly earnings statement in October, the company said it spent $1.8 billion on severance costs tied to planned job cuts.

From Barron's

At Amazon, most U.S. employees whose roles are being eliminated will have 90 days to look for another one at the company, and after that they’ll receive benefits like severance.

From MarketWatch

People who did not move to another role received severance pay based on how long they had worked at the company.

From BBC

Florida; Nevada; Texas; and Utah in a lurch with little notice, no severance and scrambling to fulfill a surge of orders from customers clamoring to get their last tastes.

From Los Angeles Times