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TERMINATING EMPLOYEE DUE TO DOWNSIZING

Dear Felix

As we discussed on [DATE, ex. Tuesday], [REASON FOR DOWNSIZE, ex. increased competition in the accounting software industry has eaten our profits and caused us to eliminate several positions at Power Account Limited.] Unfortunately, we were forced to eliminate your position.

[STATE TERMS OF TERMINATION, ex. Accordingly, your employment will be terminated on July 15. Your company medical insurance plan will also be terminated at that time and severance pay will be in the amount of $8,000.]

{STATE WILLINGNESS TO GIVE LETTER OF REFERENCE, ex. I will be happy to provide you with a letter of reference if you so request.}

Regards
Lydia








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