Form of Notice for Retrenchment

Date :…………….

To,
Mr…………………
................................

You are aware that because of the difficulties of availability of foreign exchange and the consequent non-availability of raw material necessary for the manufacture of products handled by this Company, the factory has been lying idle since…………. (or is likely to be idle from…………. ) The management has, therefore, decided to retrench……………… employee of………………. department with effect from ………….. (Date) As you are also one of the employee working in the aforesaid department you are hereby given this one month's notice that your services will stand retrenched with effect from ……………. (Date) and thereby stand terminated.  A sum of Rs. ……………… is hereby tendered to you in full and final settlement in lieu of compensation for retrenchment. 

CHIEF MANAGER