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Memorandum TO:
FROM: DATE:
SUBJECT: Employment Security Concerns With New Ownership I want to clear up some of the speculation I heard about lay-offs at
our Monday meeting. Most importantly, nobody will lose their jobs
because of the change in ownership. The agreement Mr. Crotty made with
Mr. Nelson includes a stipulation that the staff be left intact. To allay any fears of lay-offs, I have scheduled a meeting with Mr.
Nelson, the majority owner. He has agreed to answer your questions on
November 21 at 10:00 in the conference room.
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