Date:
Dear Mr. / Ms.
Location
Subject: Zonal Business Closure Notification
The management would like to inform you that our company is withdrawing it’s business in ——- zone due to heavy losses suffered on account of poor sales.
Subsequently, we are giving you ——- month’s notice as per the terms of your employment letter with immediate effect.
Further, we shall be paying the salary for the ——- (no.of days) notice period from (from Date – to Date) to you as per the terms of your appointment. The disbursement of Full and final payment (all dues) will be made on ——-(date) and same will be provided you after sending us a NOC from the distributor after taking back the sales returns and hand over the company’s property to the ————-(Reporting Manager).
Kindly note that your employment code / identity card will be cancelled accordingly.
We wish you luck for your future endeavours.
Warm Regards
For _______________
Proprietor /Director
