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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.