Ivep's Announcement Letter

ANNOUNCEMENT OF REDUCTION IN THE NUMBER OF STAFF

Ivep Yuniarti
Head HR Department
Riverdale Company

27th May 2019

To all staff members,
Riverdale Company

Dear staff members,

I’m sorry to declare that due to the heavy recession and economic meltdown in the market, we have to decide on reducing the staff strength by 100. The said reduction of the staff will get started after going through the separable performance report. As we all know, the company is going through heavy losses because of the recession and financial crisis. As a result, the company cannot complete its target and be earning no profits. The company has also lost relationships with many of the valued customers, and this is the reason why we are forced to shrink the staff strength. So remember that our company is going through a hard phase and put in your valuable efforts and dedication. Those who have a bad review or negative performance will be added to the blacklist.

Hence we notify you to give a good performance and stay out of the blacklist. If you complete your targets, then your position will be safe. The list of those who are being removed from the company will be issued soon, and it will be in effect from the end of this month. If you have any doubts regarding this, then you can feel free to contact the HR Department.

Yours Sincerely,

Ivep Yuniarti