¶¶Òõ¶ÌÊÓÆµ

Termination Letter Due To Slow Business Template for Singapore

Create a bespoke document in minutes,  or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Termination Letter Due To Slow Business

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Termination Letter Due To Slow Business

"I need a Termination Letter Due To Slow Business for our Singapore retail store, addressing 3 employees who will be terminated on March 15, 2025, with a one-month notice period and standard retrenchment benefits for employees who have served more than 2 years."

Document background
A Termination Letter Due To Slow Business is a crucial document used when companies in Singapore need to reduce their workforce due to economic challenges or business downturn. This document must comply with Singapore's strict employment regulations, including the Employment Act and MOM guidelines for responsible retrenchment. It should clearly state the business reasons for termination, notice period, final payment details, and any applicable retrenchment benefits. The letter serves both as a formal notification and a legal document protecting both employer and employee interests during the termination process.
Suggested Sections

1. Date and Address Block: Formal letter heading with date and recipient details

2. Notice of Termination: Clear statement of employment termination and effective date

3. Business Justification: Explanation of business circumstances necessitating the termination

4. Notice Period Details: Specification of notice period and last working day

5. Final Payment Information: Details of final salary, leave encashment, and other benefits

Optional Sections

1. Retrenchment Benefits: Details of any additional compensation for employees with qualifying service period

2. Transition Support: Information about job search assistance or career transition support when company provides outplacement services

3. Reference Letter Offer: Mention of providing employment reference when company policy allows reference letters

Suggested Schedules

1. Final Payment Calculation: Detailed breakdown of final payment components including salary, leave encashment, and benefits

2. Handover Checklist: List of items and responsibilities to be handed over before last working day

3. Benefits Summary: Summary of benefits continuation or termination post-employment

Authors

Alex Denne

Head of Growth (Open Source Law) @ ¶¶Òõ¶ÌÊÓÆµ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions















Clauses















Industries

Employment Act (Chapter 91): Primary legislation governing employment relationships in Singapore, covering termination procedures, notice periods, salary payments, and leave entitlements during termination

Tripartite Guidelines on Managing Excess Manpower: Official guidelines by MOM providing framework for managing workforce reduction, including proper procedures for retrenchment exercises

Tripartite Advisory on Managing Excess Manpower and Responsible Retrenchment: Advisory document outlining best practices for conducting responsible retrenchment exercises and managing excess manpower situations

MOM Retrenchment Notification Requirements: mandatory requirement to notify Ministry of Manpower if 5 or more employees are retrenched within a 30-day period

Fair Consideration Framework: Guidelines ensuring fair treatment and non-discrimination in the selection of employees for termination

Tripartite Guidelines on Fair Employment Practices: Guidelines promoting fair and merit-based employment practices, including fair procedures in retrenchment exercises

Notice Period Requirements: Statutory minimum notice periods based on length of service as prescribed in the Employment Act

Retrenchment Benefits Calculation: Guidelines for calculating retrenchment benefits based on years of service and industry norms

Final Payment Requirements: Legal obligations regarding final payment including pro-rated salary, unused leave, and other contractual benefits

Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Termination Of Tenancy Agreement

find out more

Termination Of Lease By Landlord

find out more

Policy Cancellation Letter

find out more

Give Notice To Landlord

find out more

End Of Lease Agreement

find out more

Voluntary Retrenchment Letter

find out more

Termination Of Tenancy Notice Letter

find out more

Termination Of Security Services Letter

find out more

Termination Of Employment Letter By Employee

find out more

Termination Of Cleaning Services Letter

find out more

Termination Letter With Severance

find out more

Termination Letter For Poor Performance And Attitude

find out more

Termination Letter For Absconding Employee

find out more

Termination Letter Due To Poor Performance

find out more

Termination Letter Due To Health Reasons

find out more

Termination Letter Due To Financial Constraints

find out more

Termination Letter After Domestic Inquiry

find out more

Tenant Leave Notice Letter

find out more

Simple Gym Cancellation Letter

find out more

Resignation Termination Letter

find out more

Proof Of Employment Termination

find out more

Proof Of Termination Letter

find out more

Notice Of Termination Of Probationary Employment

find out more

Notice Of Termination Due To Awol

find out more

Notice Letter To Tenant To Move Out

find out more

Office Termination Letter

find out more

Notification Of Contract Termination

find out more

Loan Application Cancellation Letter

find out more

Letter To Tenant To End Tenancy

find out more

Letter To Give Notice To Tenant

find out more

Letter Of Non Renewal Of Lease

find out more

Leaving Tenancy Letter

find out more

Lease Agreement Termination Notice

find out more

Landlord Ending Tenancy Letter

find out more

Intent To Move Out Notice

find out more

Immediate Termination Letter

find out more

Immediate Dismissal Letter

find out more

End Business Relationship Letter

find out more

Employment Verification Letter For Terminated Employee

find out more

Formal Termination Letter

find out more

Failed Probationary Period Letter

find out more

Exit Letter From Employer

find out more

Dismissal Letter Due To Theft

find out more

Contract Finish Resign Letter

find out more

Business Partnership Termination Letter

find out more

Termination Letter To Teacher

find out more

Termination Letter For Absent Without Information

find out more

Termination Letter Due To Slow Business

find out more

Thank You Letter To Client After Termination Of Contract

find out more

Termination Of Insurance Coverage Letter

find out more

Not A Good Fit Termination Letter

find out more

No Show Letter To Employee

find out more

Letter To Terminate Lawyer Services

find out more

Lease Cancellation Letter

find out more

Job Termination Notice

find out more

Housing Termination Letter

find out more

End Of Apprenticeship Letter

find out more

Early Termination Of Internship Letter

find out more

Acceptance Letter For Termination Of Contract

find out more

Instant Dismissal Letter

find out more

Appeal Termination Letter

find out more

Retrenchment Letter Due To Financial Crisis

find out more

Thank You Letter For Termination Of Service

find out more

Resignation In Lieu Of Termination Letter

find out more

Voluntary Layoff Letter

find out more

Letter Of Dismissal From Dental Practice

find out more

Letter Of Disengagement Of Service

find out more

Letter For Termination Of Internet Connection

find out more

General Termination Letter

find out more

Downsizing Termination Letter

find out more

Benefits Termination Letter

find out more

Termination Letter For Absenteeism Without Intimation

find out more

Soft Termination Letter

find out more

Tenancy Notice Letter

find out more

Real Estate Agent Termination Letter

find out more

Employment Termination Verification Letter

find out more

Disengagement Letter To Client

find out more

Constructive Dismissal Letter

find out more

Without Prejudice Termination Letter

find out more

Suspension Letter To Employee For Poor Performance

find out more

Scholarship Termination Letter

find out more

Appeal Letter For Job Termination

find out more

Termination Recommendation Letter

find out more

Termination Due To Health Reasons Letter

find out more

Separation Request Letter

find out more

Redundancy Termination Letter

find out more

Recommendation Letter For Probationary Employee

find out more

Termination Letter For Dishonesty

find out more

Letter To Boss After Being Fired

find out more

Layoff Letter For Unemployment

find out more

Drunk Employee Termination Letter

find out more

Franchise Termination Letter

find out more

Driver Termination Letter

find out more

Landlord Month To Month Lease Termination Letter

find out more

Salary Reduction Letter Due To Poor Performance

find out more

Part Time Termination Notice

find out more

Long Term Sickness Dismissal Letter

find out more

Letter Of Cancellation Of House Purchase

find out more

Termination Of Company Secretary Letter

find out more

Termination Letter Due To Redundancy

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: /our-research
Oops! Something went wrong while submitting the form.

³Ò±ð²Ô¾±±ð’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; ³Ò±ð²Ô¾±±ð’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our for more details and real-time security updates.