We are pleased to announce that the performance of BrightWave Technology has improved significantly with respect to productivity and human resource quality in terms of morale. We respect superior quality human resource. Therefore, we strive to preserve employee morale by implementing the best possible methodologies in favor of employees. This enables us to generate considerable profits and remain in the profitable region. However, this profitability is impacted by the factors such as excess of human resource which is making it difficult to operate feasibly.
We regret to inform that BrightWave Company has decided to lay off some of its employees in order to sustain profitability. The company has contributed in endeavors to elevate the business profits but could not succeed in doing so. This is hindering the effectiveness of business and its excellence. We acknowledge the employees of BrightWave as a part of an ever growing family and we appreciate the tremendous efforts that the employees of BrightWave Company have put into journey so far. Therefore, it is difficult to announce the decision of downsizing the labor to sustain the profitability.
I, director of employee relations in BrightWave Technology has notified to assure the employees about the situation which is under observation and control of management. The company strives to maintain strong relationship and strategic vision as the guiding principle. The management is convinced of the firm's bright and prosperous future in the industry. However, downsizing is necessary to strengthen the financial position of the company. BrightWave always cares about its employees. Therefore, it is taking all the relevant measures to assist the workers whose jobs were affected. This is to guarantee the security of the employees remaining in BrightWave family and promise their wellbeing ...