You are the president of Technik Inc. Global competition and reduced market share have sent profits on a downward spiral, and as a result, you need to layoff some employees. Nearly 10 percent of the employees will have to be laid off in one week. They will receive two weeks' severance pay, accrued sick leave pay, and career consulting from the human resources department. Write an interoffice memorandum announcing this negative organization news.

Question

Quizplus · Accepted Answer

The Answer of You are the president of Technik Inc. Global competition and reduced market share have sent profits on a downward spiral, and as a result, you need to layoff some employees. Nearly 10 percent of the employees will have to be laid off in one week. They will receive two weeks' severance pay, accrued sick leave pay, and career consulting from the human resources department. Write an interoffice memorandum announcing this negative organization news.

You Are the President of Technik Inc