Job Termination Letter

To

Alistair Cook

Software Developer

SVC Software Private Limited

45,IT Park, Northern London

UK

5th August 2012

Sub – Job termination letter

Dear Mr. Alistair

I am feeling very sad to inform you that you have been terminated from the post of software developer with effect from 30th September 2012.You must be aware of the current euro zone economic crisis which had adversely affected the profitability of our company. The challenging business environment has forced us to take some drastic steps. As a result we are on a restructuring derive and we are closing all our non profitable business ventures in order to remain competitive in the market. We shall be reducing our total head count globally by over fifty percent in the next three months. You are requested to complete all your existing projects before the termination date. You will get two months advance salary as compensation benefit from our corporation.

I would like to congratulate you for your 5 years of dedicated service to our company. Hope that you will get better employment opportunities after leaving our company and wish you all the luck for your future.  Please contact the HR department if you have any queries regarding the same.

Thanking You

Michael Watson

CEO

SVC Software Private Limited

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