JUDGMENT
DEKYEM, J.
Defendant is a company whilst Plaintiffs are its former senior staff. By letter dated 22nd January, 2014 effective 23rd January, 2014, the appointments of Plaintiffs were terminated. In a further letter of the same date, Plaintiffs were offered ex gratia award of six months’ basic salary as goodwill for their services to Defendant. In a memorandum dated 24th January, 2014 from Defendant’s Managing Director to its staff, it was made clear that, as result of a HEADCOUNT REVIEW, Plaintiffs’ were affected hence the termination of their employment contracts. The letter also stated the names of Acting Employees who would cover the positions Plaintiffs held until further notice. It is Plaintiffs’ case that, the HEADCOUNT REVIEW was an arrangement or programme under which the Defendant undertook labour rationalization exercise in the result of which the Plaintiffs were found either as being in excess of the needed staff strength or not fit to be part of the Defen…