Employee Termination Letter Due to Company Downsizing
[Your Name]
[Your Company Name]
October 15, 2060
Ethan Lopez
505 Oak Road, Unit 23,
Brookside, FL 33125
Dear Mr. Lopez,
We regret to inform you that due to recent organizational restructuring and downsizing initiatives, it has become necessary to terminate your employment with [Your Company Name], effective November 14, 2060. This decision is in no way a reflection of your performance, which has been consistently commendable. Instead, it is driven by strategic changes aimed at maintaining our company's viability in a rapidly evolving industry.
Over the last several months, [Your Company Name] has faced significant economic challenges, requiring us to make difficult choices to ensure the long-term sustainability of our business. As part of this process, the company is reducing its workforce, and unfortunately, your role is among those affected.
Your final paycheck, including payment for unused vacation days, will be processed and delivered to you by November 21, 2060. Additionally, you will be receiving a severance package that includes salary continuation for eight weeks, alongside continued health benefits during this period.
We understand that this news may come as a disappointment, and want to assure you that we are fully committed to providing support during this transition. Our Human Resources team will be available to guide you through the process and assist with any questions regarding your benefits or the severance package. Please feel free to reach out to our HR Manager, Aria Lee at 245 555 7777.
We greatly appreciate your dedication and hard work over the years. It has been a pleasure having you as part of our team. We are confident that with your skills and expertise, you will find future success in your career endeavors.
Thank you for your understanding, and we wish you all the best in your future endeavors.
Sincerely,
[Your Name]
Chief Executive Officer
Letter Templates @ Template.net
