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Newspaper
Aiken Standard
Location
Aiken, South Carolina, United States of America
Date
Oct 02, 2002
Page
16
WorldCom won court permission to give laid-off employees 36 million dollars in severance to boost morale. The ruling halts 1.4 million in executives’ promised pay, offering equal packages of up to weeks of salary and benefits, averaging about 9 thousand per worker for roughly 4,000 laid-off staff as 17 thousand more jobs are cut company-wide.
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