buyout topic page

1:22 pm on Monday April 9, 2012

Bennett cashes out contract for $925,000

Photo by TheDigitel Myrtle Beach After being forced out of his head coaching position at Coastal Carolina University a few months ago,  David Bennett has reached a contract settlement for $925,000. The Sun News currently has the most details about...
9:00 am on Tuesday December 22, 2009

Boeing buys out partner Alenia North America

Image by Flickr user markjhandelBoeing has acquired North Charleston-based Alenia North America's half of Global Aeronautica. The buyout makes Boeing the sole owner of the 787 Dreamliner fuselage component company. Here is the official press...
10:00 am on Friday December 18, 2009

State Ports Authority employees offered buyouts

Image by Flickr user Mr. T in DCState Ports Authority employees with at least 13 years of service received a memo offering them voluntary separation in exchange for a half-year’s pay. The offer extends to 150 employees and their decision must be...
10:58 am on Monday April 20, 2009

Bosch lays off another two hundred employees

Image by BoschImage by 20090420-bosch.jpg Bosch's North Charleston plant employed more than 2,000 in late 2008, but will be down to 1,650 by the end of the week. Bosch's North Charleston facility is laying off more production workers. The Charleston...
3:14 pm on Monday January 5, 2009

Bosch to layoff 10% of Charleston workforce (updated)

After offering buyouts to 2,100 local employees, Bosch today announced it was looking for around 210 to take the offer but that only 75 did. The company will layoff folks to fill in that gap by mid January. To read more about this latest development...
6:02 pm on Thursday December 4, 2008

Bosch offers buyout to 2,100 locals

Robert Bosch is offering buyouts to 2,100 workers at its North Charleston plant as a "proactive solution" to avoid future potential layoffs down the road. The manufacturer is heavily invested in the auto parts industry. Go read all about it at The...