Write an appropriate memo to all of the team leaders in your division giving them the bad news.All downsized employees will receive three months’ severance pay.COBRA will be available, so health insurance can be continued for up to 1 year. It costs $740/month.Employment counseling will be available, so employees can update their resume, get help searching for jobs, and get help finding retraining/college programs.Defend your promotion in the memo since you used to be a team leader and know the question will be asked.
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