English Conversation Practice - Getting Laid Off

Lou: What did Sam say?
Tim: I'm getting laid off.
Lou: What happened?
Tim: He said the company is restructuring and they don't need my position anymore.
Lou: Wow! I can't believe it!
Tim: I know. I just bought a house.
Lou: That is awful! What are you going to do?
Tim: They offered me a severance package.
Lou: Oh no! Sam wants to see me in his office.
Tim: Good luck, Lou.

1. What did Sam tell Tim?
Tim is getting a raise
Tim is getting married
Tim is retiring
Tim is getting laid off

2. What is the company going through?
Restructuring
Bankruptcy
Merger
Acquisition

3. What did the company offer Tim?
Stocks
Raise
Severance package
Promotion

4. Who does Sam want to see in his office?
Tim
Lou
His secretary
His boss