Phrases with «voluntary buyouts»

"Voluntary buyouts" refers to a situation where an organization offers its employees the choice to leave their jobs in exchange for a financial package or other benefits. It is purely optional, meaning employees can decide whether they want to participate or not. Full definition

Sentences with «voluntary buyouts»

  • The company is in the midst of trying to cut its work force through voluntary buyouts even as it expands its global team to try to offer more legal products in other countries, Maess said. (slaw.ca)
  • For example, Tim Hortons promptly fired 350 staff after the RBI takeover, and six months later, 15 % of its corporate staff were offered voluntary buyouts. (canadianbusiness.com)
  • The New York Times (nyt) is offering employees voluntary buyout packages, the newspaper announced Wednesday. (fortune.com)
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