Memo Accountsoft Services acquisition and workforce Literature Essay (Other (Not Listed) Sample)
the above paper is a business memo of accountsoft.
source..To: Employees of Finance software Company
From: John Brown, CEO
Date: April 15, 2019.
Subject: AccountSoft Services Acquisition and Workforce Downsizing
Over the last two years, AccountSoft has experienced declining sales level in the market due to the current global economic crisis. As a result our company has been hugely affected by the low sales since AccountSoft is among the company’s leading products. As you all know, the company has tried its best to maintain profitability through production and sale of AccountSoft. However, owing to the huge production cost the company is no longer able to sustain the operations related to AccountSoft. Following deep financial analysis the company has decided to terminate AccountSoft services in order to focus on other strategic opportunities and activities that provide better potential for the company’s sustainability in the turf economic times. As a result AccountSoft services have been sold off to Accounting Support Services.
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