Tarrant County’s public hospital agreed to pay its former chief financial officer $900,000 in severance after it fired her in October, according to records obtained by the Star-Telegram. Sharon Clark, previously the senior executive vice president chief financial officer at JPS Health Network, was fired from her position effective Oct. 9, according to records released […]
Tesla started sending out severance information to laid-off employees overnight.Karol Serewis/SOPA Images/LightRocket via Getty Images; Chelsea Jia Feng/BI Tesla has begun sending severance information to laid-off staff. Five former workers told Business Insider the severance offer included two months’ pay and health insurance. On Sunday, Elon Musk told Tesla staff he was cutting more than […]
By Manya Saini and Tatiana Bautzer (Reuters) -Citigroup’s profit fell in the first quarter as it spent more on severance payments for laid-off employees and set aside money to refill a government deposit insurance fund. Net income fell to $3.4 billion, or $1.58 per share, in the three months ended March 31, the bank said […]
By Daniel Wiessner (Reuters) – Elon Musk’s SpaceX has been accused by a U.S. labor agency of requiring employees who were laid off or fired from the rocket and satellite maker to sign unlawful agreements barring them from disparaging the company and joining class-action lawsuits against it. The complaint, filed late Wednesday by a National […]
A former state wildlife official received $169,341 in compensation as part of a severance agreement dictating the terms of his departure from a state agency. The Oklahoma Department of Wildlife Conservation on Friday provided some details about the severance agreement the agency’s governing commission executed with former executive director J.D. Strong but maintained it will […]