Dear [Insert Name],
As you may have heard, we are in a time marked by economic recession, if only we could keep all of our employees with the company. Unfortunately, this is not the case.
In this period marked by difficulty, it is with regret that we must inform you that we will be unable to utilize your services after [date].
We have been pleased with the loyalty and hard work you have shown the company during your tenure of employment. We are sorry to lose you, a valued employee to our team.
We hope the future will hold new opportunities for you.
Sincerely,
Letterbarn
http://letterbarn.blogspot.com/
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