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Home » Store » Taxable » Golden West Plans to Sweeten Severance Packages of Its Terminated Workers for Two Years after Merger

Golden West Plans to Sweeten Severance Packages of Its Terminated Workers for Two Years after Merger

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It pays to be an employee of Golden West Financial. The firm will be handing out an additional $50 million in severance payments on top of the severance its new parent, Wachovia, will be giving to redundant workers. About 1,100 Golden West and Wachovia employees will lose their jobs once the deal closes later this year. …
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