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Severance issues

There might be a good deal more of this sort of thing, not just in Boise but nationally, though Boise’s recent raft of corporate departures my make it a good study . . .

The story is that Larry L. Myers, formerly a vice president at Washington Group International, is suing URS Corporation – which bought WGI – for $2 million. The reason: Myers, who put in 31 years with the company, says his work agreement provided for substantial compensation if the company changed hands and he thereafter lost status or pay in the organization. And when the URS buy went through, he says, he did encounter some loss, but not the compensation part of the deal.

We may not have heard the last of this.

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