Announce bad news to employees - 2

Dear Felix

In order to dispel any rumors, the management wants to inform each of you that there will be no Christmas bonus this year. Because of the economic downturn, we must cut costs somewhere, and we feel that cutting the bonus is preferable to laying off an employee or reducing hours. Chris has experienced downturns before and rebounded perfectly well. We are confident this slump will improve as spring arrives.

Should any other changes arise, we will candidly inform you. Continue your excellent work and keep an eye on the future of Chris Technologies.

Regards
Lydia