< DATE>

Re:<SUBJECT>

Dear <RECIPIENT>

As you will be aware <COMPANY> has been experiencing serious financial cash problems due to a major fall in sales.

Given the circumstances, it is with deep regret I have to inform you of my intention to shut down the company and call in the receivers.

Unfortunately this means that all staff will be laid off with effect from <DATE>.

Given the financial state of <COMPANY> , whilst I will do my best, it is unlikely that any further payments will be possible from the company in the foreseeable future.

You may be entitled to a redundancy payment.

I suggest that as soon as possible you contact:

<CONTACT NAME>
<CONTACT ADDRESS 1>
<CONTACT ADDRESS 2>
<CONTACT POSTCODE>
<CONTACT TELEPHONE>

I have explored all possible alternatives and am very sorry that I am left with no other option.

Good luck in the future.

Yours sincerely

<SENDER NAME>
<TITLE>
<COMPANY>