Memo announcing employee layoffs.

Assignment Help Business Management

Reference no: EM132824371

Write a memo announcing employee layoffs.

You are the SVP of human resources for a financial software company that has 7,500 employees. The company has decided to sell AccountSoft, one of its major products. The software has suffered declining sales for the past two years, and it no longer fits with the new mission of the company, which is to sell to small businesses and individuals, rather than larger accounting firms (currently 95% of AccountSoft's buyers).

You will have individual conversations with employees who are affected by the layoffs, but first you advise the CEO to send an email to all employees to announce the decision to sell AccountSoft and to prepare employees for the downsizing and what will happen next.

As you write this memo for the CEO to send under his name, consider that not all employees from the AccountSoft division will be laid off. The sales and marketing staff (about 150 people) will be leaving the firm, but the software developers will go to the acquiring firm, Accounting Support Services, Inc. This was your agreement with Accounting Support Services, as part of the acquisition deal.

Write the memo to communicate the decision clearly and help employees understand and accept the message.

should be in protocol length and delivers the message effectively and thoroughly.

Reference no: EM132824371

Questions Cloud

Discussions of Music Class : You is My Woman Now" by George Gershwin, compare and contrast Gershwin's treatment of black Americans with that of Stephen Foster and the minstrel shows.

Analyze implications on our healthcare system : This Course Project gives you opportunity to select a problem that currently exists in our healthcare system and analyze implications on our healthcare system

Culture impact organizational structure in health care : How does organizational culture impact organizational structure in health care?

Define what information silo : Define what an information silo is. Explain why information silos are a problem for organizations.

Memo announcing employee layoffs. : Write a memo announcing employee layoffs. You are the SVP of human resources for a financial software company that has 7,500 employees.

Discuss effective and ineffective communication methods : Explain how organizational structure influences organizational behavior. Discuss effective and ineffective communication methods.

Company production process : Information for the Hi-Test company's production process. The number of equivalent units for materials for the month.

International business-cross-cultural risk-country risk : In this lecture, we studied four different types of risks that a company may face in international business: cross-cultural risk, country risk,

Institution approached academic affairs : If you could change one thing about the way this institution approached academic affairs, what would it be? Explain your position.

User Account

All Pages