Security Pacific Promises Liberal Benefits with Layoffs

SAN FRANCISCO - Security Pacific Corp. employees who are laid off because of the company's proposed merger with BankAmerica Corp. will receive relatively liberal severance benefits, according to an internal company memo.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.