#AnonymousOnly the management has changed. The employees have joined a company and not the management. Hence, no fresh appointment need to be given. But, there could be anxiety and uncertainity during the transition period. To just allay the fears, a circular may be issued stating that the new management has taken over the company and the management is looking forward to the cooperation of employees to make the organisation great. There is no change in employee terms of appointment and the new management is looking forward to make the place of work an enriching experience.
This is what I did when we took over two PSU units in two different parts of the world.
2nd June 2017 From Indonesia, Jakarta
2. Employees have to take the letter giving their acceptance on the letter.
3rd June 2017 From India, Thane