Greetings, I am writing to seek assistance from a professional on the following matter. A multinational corporation has taken over another multinational corporation, including its assets and personnel, and is looking to ensure the continuity of employment and services. I would be grateful if you could provide me with a draft of the letter that should be given to the employees in this situation. Thank you for your time.
1.Issue a new appointment letter with comprehensive terms and conditions of employment following the acquisition; 2.Draw up a bi-lateral agreement that outlines, among other things, job security, EPF, gratuity, and seniority.
Greetings, The attached notes contain information related to the situation of employees in a merger or acquisition. I hope this is of assistance.