severance package

noun

formal
: money and other benefits given when employment is ended

Examples of severance package in a Sentence

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For those not willing to comply, a severance package is being offered. Nellie Andreeva, Deadline, 4 Sep. 2025 The spokesperson also confirmed to PEOPLE that Freixe will not receive a severance package. David Chiu, People.com, 2 Sep. 2025 Nestlé confirmed to Fortune that Freixe will not receive a severance package. Eva Roytburg, Fortune, 2 Sep. 2025 Bakish, the sole Paramount CEO who was let go last April, saw a major silver lining to his abrupt exit: a severance package alone worth $69.3 million of his total $87 million in pay for 2024. Erik Hayden, HollywoodReporter, 7 Aug. 2025 See All Example Sentences for severance package

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“Severance package.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/severance%20package. Accessed 19 Sep. 2025.

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