Sample Letter to Local Official


[Date]

The Honorable _____________
City Hall
[Address]

Re: Potential Closure of ABC Company

Dear Mayor ______________________,

It is with great regret that we inform you that ABC Company is likely to discontinue operations within the next several weeks. ABC has confronted a series of financial problems within the last few months, including the loss of some key vendors and salespeople who have taken business with them as they left to work for our competitors. The company has explored many options with the hope of keeping ABC open and operating. We have investigated, without success, recapitalization and equity infusion. We have also actively sought, and continue to seek, a purchaser who would keep operations as is. However, after speaking with other companies in our field as recently as of [ date ], it is looking increasingly likely that the only purchasers interested will liquidate ABC, close down the company, and keep only the inventory.

Thus, the employment of [insert Number] employees at the following location will likely end, effective beginning [insert specific date] :

ABC Company
Address

We expect this closure to be permanent. We have attached a list containing the names, addresses, and job titles of all affected employees [attach list] . If you need further information, you may contact [insert name and phone number].

Sincerely,

________________________, CEO

ABC Company




The Headcount Solution. How to Cut Compensation Costs and Keep Your Best People
The Headcount Solution : How to Cut Compensation Costs and Keep Your Best People
ISBN: 0071402993
EAN: 2147483647
Year: 2002
Pages: 143

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