How to Write A Layoff Press Release Announcement (Sample Template & Example)

Don’t shoot the messenger… cause that’s his job –  sometimes he brings the bad news. One  of the biggest mistakes we observe when it comes to a layoff process is that many people disregard the fact that the news travels quickly. News spreads like a virus, although we might be trying hard to keep the newsworthy information a secret. And...

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Pixelplus Announces Plans to Terminate Its American Depositary Receipts Program

SEOUL, South Korea, Dec. 6, 2011 /PRNewswire/ — Pixelplus Co., Ltd. (PXPLY: PK), a fabless semiconductor company in South Korea that designs, develops, and markets CMOS image sensors for various consumer electronics applications, today announced that the Company will terminate its American Depositary Receipts (“ADR”) Program.  As a first step for that purpose, the Company will provide written notice to its...

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What to say – and not to say – about an employee’s termination

My last column[1] addressed challenges an employer faces in establishing that a former employee violated a nondisclosure agreement by making anonymous general comments about the employer’s plans on social media. This column focuses on a recent case that demonstrates challenges an individual faces in suing his former employer over a post-termination announcement. Dov Charney, the founder and then-CEO of American...

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