Layoffs |
|
Letter #1: Effective June 1, the SMS and CI divisions will decrease by 40%. Those affected will be notified by May 15. Our personnel office will hold a series of meetings at the end of May to discuss unemployment insurance benefits and to help those affected secure new jobs. We sincerely appreciate your contributions and regret that this action has become necessary.
On Friday, November 29, at 2:30 p.m., a meeting for affected employees will be held in the large conference room on the second floor. We will discuss severance benefits, including health insurance, retirement plan distributions, and unemployment benefits. We urge all interested to attend. We truly appreciate your years of service to Hitwise Corporation. Unfortunately, this layoff was unavoidable. We wish you success in your future endeavors.
Effective at the end of this pay period we will experience a 50% reduction in staff, right across seniority lines. Jane Ford can help you with such matters as the continuation of your health plans and details of the severance package. We very much regret that we must take this step. With any luck we will be recalling some or all of you within the next few months. Until then, we wish you well in your endeavors.
|