Termination due to Closure of Service Business: Sample Notice of Termination
Termination of business is one of the prerogatives which business owner may exercise in the pursuit of his business. The decision to close business is a management prerogative exclusive to the employer, the exercise of which no court or tribunal can meddle with, except only when the employer fails to prove compliance with the requirements of Art. 283 [now Art. 298]. (Page 263, Guide to Valid Dismissal of Employees, 2nd Edition, Eastridge Golf Club, Inc. vs. Eastridge Golf Club, Inc., [...]