Prepare employees layoffs for the downsizing

Assignment Help HR Management
Reference no: EM133194181

You are the SVP of human resources for a financial software company that has 7,500 employees. The company has decided to sell AccountSoft, one of its major products. The software has suffered declining sales for the past two years, and it is no longer fits with the new mission of the company, which is to sell to small businesses and individuals, rather than larger accounting firms (currently 955 of AccountSoft's buyers).

You will have individual conversations with employees who are affected by the layoffs, but first you advise the CEO to send an email to all employees to announce the decision to sell AccountSoft and to prepare employees for the downsizing and what will happen next.

As you write this memo for the CEO to send under her name (Kathryn J. Ptaskiewicz), consider that not all employees from the AccountSoft division will be laid off. The sales and marketing staff (about 150 people) will be leaving the firm, but the software developers will go to the acquiring firm, Accounting Support Services, Inc. As part of your acquisition agreement with Accounting Support Services, Inc., the company agreed to hire the software developers.

Reference no: EM133194181

Questions Cloud

Did you receive information about contraception in school : Did you receive information about contraception in school prior to college? How do you feel about contraception information being taught in the schools
Draw the diamond-e (servo) model of strategic management : Cameron University - Draw the Diamond-E (SERVO) model of strategic management and explain the relationships between each element of the model
Component for information governance implementation : With this detail in mind, briefly state why the e-Mail has become a critical component for IG implementation?
What economic and political factors make : What economic and political factors make it particularly hard to create programs to fight behavioral addictions? Support your research with examples.
Prepare employees layoffs for the downsizing : But first you advise the CEO to send an email to all employees to announce the decision to sell AccountSoft and to prepare employees for the downsizing.
How it effects the social life and relationships : How it effects the social life and relationships of those afflicted. The area of the brain and the neurotransmitters involved
Discuss the role of delegation in the leadership process : Savannah Technical College - Is it necessarily true that power corrupts and absolute power corrupts absolutely? Cite examples.
Describe your reactions and any issue related to interaction : Describe your reactions and/or any issues related to your interaction with a client during your field education experience.
Review the discrimination laws : BUL 3320 University of South Florida - Civil Rights Act of 1964 and the gender discrimination discussion and do any additional research you believe necessary

Reviews

Write a Review

HR Management Questions & Answers

  Improve problem solving capabilities within organization

Types of teams as to their effectiveness that will improve problem solving capabilities within organizations.

  Influence tactics help in reducing organizations politics

Explain the different types of influence tactics that will be of a help “if adopted” in reducing the organizational politics.

  Report on citigroup''s hr service level agreement

Human Resources or Human Resource Management deals with HR Service Level Agreement. HR Service Level Agreement is an agreement made between the employer and the employee, which states that the employee would work under any client and sometimes any ti..

  A project report on hrm

Human Resource Management as the name suggests, it is a management discipline which deals with the human i.e. the workforce aspect of organizations. Need and practices of HRM are inevitable in present scenario of extreme competition where "Talent War..

  Hrp: recruitment and selection

Recruitment and Selection is the initial ladder of any Human Resource Planning process and contains an immense significance for any organisation.

  A project report on study of statutory complainces

Statutory compliance and its immense knowledge are crucial to be understood in an organization. It contains all the forms, procedures and acts applicable in a company.

  Operant conditioning and Reinforcement

Operant conditioning is a learning process where behaviour is controlled by its consequences. In this process an individual's behaviour can be modified through the use of positive or negative reinforcement.

  Effectiveness of training programs in achieving customers an

The main motive for conducting this research is to provide broad range of research of the literature and their reviews related to training and development and assisting the employees in providing customers satisfaction.

  A critical analysis of hr processes and practices in fedex c

FedEx is illustrious for its novel HR processes and practices that have greatly accounted for its success.

  Integrating culture and diversity in decision making

People in the organization are known as Google where they share common goals and have common vision.

  Impact of employee attrition on people management in organis

Talent management implies recognizing a person's inherent skills, traits, personality and offering him a matching job.

  Labour dissonance at maruti suzuki india limited: a case stu

This Case Study focuses on various issues related to Labour Unrest at Maruti Suzuki India Limited.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd