Home Page News Briefs People Media Telecom Archives About Us
Advertising Subscribe Reuse & Permissions
The Hill Times Parliament Now The Lobby Monitor HTCareers Classifieds

NL International News Briefs

News | 10/08/2002 4:00 am EDT

WorldCom severance payments approved by bankruptcy court
The U.S. Bankruptcy Court in Manhattan has agreed to let WorldCom Inc. disburse US$36 million in severance payments. Despite earlier concerns they would get less than they were eligible for (NL, Aug. 13/02), 4,000 laid-off workers will receive an additional US$9,000 on average.

To keep reading, get a free trial.

Already a Subscriber?

Reuse & Permissions

Unauthorized distribution, transmission, reuse or republication of any and all content is strictly prohibited. To discuss re-use of this material, please contact:

Customer Care, 613-688-8821 | subscriptions@hilltimes.com