We are facing a tricky situation where the management is thinking of terminating a few senior level employees. The reason is a mix of non performance plus the financial situation of the company which may not be able to take the burden of all high salaried employees.
From my exp in such situations the employee is asked to agree to a voluntary resignation with the due notice period. However I have been asked to draft out a letter as well. This is where i need help. The standard termination letters are usually with the reason of non performance, misconduct etc. but this one is different.
Let me know if anyone has a format of this nature. Even a redundancy letter format would do.
This requiremetn is a little urgent
From my exp in such situations the employee is asked to agree to a voluntary resignation with the due notice period. However I have been asked to draft out a letter as well. This is where i need help. The standard termination letters are usually with the reason of non performance, misconduct etc. but this one is different.
Let me know if anyone has a format of this nature. Even a redundancy letter format would do.
This requiremetn is a little urgent