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Sample termination letter of service

Sample termination letter of service.

From

Name,

General Manager,

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Human Resources Department,

Company Name,

To

Mr. ………………………,

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Supervisor,

Company Name,

Dear Mr. ………………………,

We regret to inform you that because of escalating costs, lack of orders and lack of profits, it has become impossible to maintain a large work force.

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After taking all the relevant circumstances into consideration, we have reached the conclusion that your services are surplus to our requirements. It has been decided to carry out retrenchment with immediate effects. Thereby you are communicated with immediate effects that your services with us are terminated. As it is not possible on our part to give you 30 day’s notice, you are hereby tendered in cash along with this notice the following amounts.

A sum of Rs. …………/- being 30 day’s wages in lieu of statutory notice of requirement.

An amount of Rs……… /- being retrenchment compensation as per provisions of law.

You may collect your other dues on finalization of your accounts.

Yours faithfully,

Sd/-

………………………………………

G.M. (HRD)

Termination of Services Agreement - Mad Capper Marketing Mad ...

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