Date:

To: Weymouth Employees

From: Weymouth

Subject: Company Updates

This is to inform you that Weymouth has recently been the best company among other companies in United States. The company has seen progressive improvements in terms of the overall performance as well as the management part. The prosperity goes alongside the successive steel operation as well as the availability of the large market within and outside the country. It has further declared several benefits that are to be channelled to the employees working within the organizational environs. This includes the increase in the salaries and other additional allowances. It sounds of the best benefits to the rest of the staff because, soon, they will start enjoying the planned benefits.

However, due to restructuring and meeting the current operational cost, the company has conditionally declared to lay off some of the employees, both the salaried and the hourly workers. It has opted to evaluate the staffs after which the company has estimated to retain only 8000 salaried employees and 40000 hourly workers, who are believed to continue with their normal jobs. Weymouth will be ready to appreciate the departing employees, such that the vacancies will be left for those evaluated. This goes alongside new assignment of the managerial positions and those who will be in charge of various programs within the perimeter of the organization.

The company’s postulations have reached a precarious decision of further reducing the salaried employees by 2000 employees and 10000 hourly workers. This is meant to meet the competitive requirements as observed in the global markets. With this reduction, the company stands a better chance to increase the salaries for the salaried employees as well as provide additional benefits. This is accompanied by the necessary process of laying down strategies that will keep the company especially during these hard times (Chen, 2008).

Weymouth believes that with the changes made above, it will effectively compete with other countries like Japan as well as the European countries, which are believed to be the best producers of steel and its products. Engaging more use of machines is aimed at winning a large market, both locally and globally. The projected performance goes alongside quality achievement and effective means of production (Chen, 2008). However, the changes are quite discouraging, especially to the workers, who will be seen leaving the company soon. This will never be left unhandled as the Weymouth promises to create more opportunities for the willing workers who will still be ready to work.