Free Termination Notice Template
Termination Notice
October 15, 2080
[Your Company Name]
1234 Future Blvd Metropolis, CA 90210
John Doe
Senior Software Engineer
Employee ID: 56789
7899 Silicon Ave
Metropolis, CA 90211
Subject: Notice of Employment Termination
Dear John Doe,
This letter serves as formal notice that your employment with [Your Company Name] will be terminated effective October 31, 2080.
Reason for Termination
After careful consideration, we have determined that this action is necessary due to a company-wide downsizing resulting from strategic restructuring. This decision was made to ensure the company's long-term sustainability, and unfortunately, your position has been impacted.
Final Pay and Benefits
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Final Paycheck: You will receive your final paycheck, which will include compensation for all hours worked through October 31, 2080, on November 2, 2080.
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Unused Vacation: You are entitled to payment for 15 days of unused vacation, which will be included in your final paycheck.
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Severance Package: You will receive a severance package equivalent to three months' salary, as per company policy.
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Healthcare Benefits: Your healthcare benefits will continue until December 31, 2080, after which you may opt to continue coverage under COBRA.
Company Property
Please return all company property by October 28, 2080, including but not limited to:
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Laptop and charger
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Office access key card
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Company-issued mobile phone
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Any other company equipment in your possession
Failure to return company property may result in withholding your final paycheck until all items are returned.
Next Steps
You may be eligible for unemployment benefits, and we encourage you to contact the appropriate state unemployment office for further information. If you require any employment-related documents, such as a reference letter, please feel free to reach out to Human Resources.
We appreciate your contributions to TechFusion Innovations and wish you success in your future endeavors.
Sincerely,
[Your Name]
Director of Operations
