Termination due to Financial Problems

Dear _____________,

It is with deep regret that I must inform you of the recent decision to terminate your association with ABC Company. Recent financial problems have forced us to scrutinize our manpower resources carefully, and several employees have, unfortunately suffered in the process.

Your work here has been admirable and I will certainly provide you with the highest of recommendations if called upon to do so.

With your skills and abilities to work with people, I have no doubt that you will soon secure a position with another company.

Sincerely,