Announce a hiring freeze - 3
Because of the recent economic downturn, the company has instituted a temporary hiring freeze. We are sorry for any difficulty this may cause, but market forces affecting the entire industry force us into this temporary position. We hope that by taking this and other similar measures, we can avoid laying off any current workers.
We realize that this may create a hardship for some departments; however, we believe the current situation will not last long. Cooperation and teamwork between departments is especially important during this period. We appreciate your support as we cope with the current challenges and look forward to better times.