7 Layoff Notice

[DATE]

[Your Company Name]

[Your Company Address]

[Your Company Email]

[Your Company Number]

To [Recipient's Name],

We are writing to notify you that your employment with our company will be terminated due to recent unavoidable circumstances that have affected the company's financial status. Please find below the specifics relating to your termination.

Effective Date of Termination: [DATE]
Reason for Layoff: Economic-enforced downsizing

We would like to highlight that this decision is in no way a reflection of your work performance or any misconduct on your part. Unfortunately, the current financial strain, worsened by the global economic crisis, has left us with no other choice but to reduce our workforce to keep the company afloat. We deeply regret this decision but are compelled to proceed in this manner for the company's overall health.

You will receive a severance package to alleviate some of the financial burdens you may face as a result of this termination. Employment benefits coverage will continue until [Date]. Our outplacement support team will provide professional resume writing services and job search resources to help in your transition.

Your final paycheck will be disbursed on your last working day. It will include accrued vacation pay and compensation for any hours worked previously that have not yet been paid.

Again, we deeply regret having to take this step. Your contributions and loyalty, throughout your employment, have been genuinely valued. We appreciate your commitment and dedication to our company, and we wish you all the best in your future endeavors.

Sincerely,

[Your Name]
[Your Position Name]
[Your Email]