Question

You are the President/CEO of ABC Industries, Inc.. Due to your company’s declining performance, you are forced into a merger with your largest competitor, XYZ Industries, Inc. Your competitor has agreed to allow 70% of the workforce to stay, however, performance reviews will be mandated to assess employee value. Draft a memo explaining this scenario to your 100+ employees.

Answer 1

Ans.

To : ABC industries employees

From : President of ABC industries

Subject : Merger of ABC industries

Dear employees,

I feel very bad to inform you people that our company is facing a bad phase presently due to which we are forced to enter into a merger with outlr largest competitor, XYZ industries . So in accordance to it , they have allowed 70% our pure workforce to work but other 30% will be removed and even those who are allowed will have to prove themselves in order to stay in the company because according to them , the decline of our company was due to poor performance of the employees and they cannot face such an issue so you are advised to be prepared and even if you people are unable to work here , you should not demoralize yourself. Tehre is a long way ahead.