Sample letter to announce a bad news to employees
We regret to inform to you that due to the current economic recession, the management has decided that you that we will not be giving Diwali bonus to our employees this year. We find this action necessary in order for us to cut costs due the recent market scenario.
We understand that this will create some difficulties for you during this festive period but we believe that taking this step is far better than laying off several employees or cutting down salary or benefits. With your help this will be only a temporary setback. Should any other changes arise, we will inform you.
We have experienced downturns before and rebounded perfectly well. We are confident this slump will improve as the next financial begins. Your continued excellent work shall surely allow our company to recover from our current situation very soon.
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