Justin Holloway
XYZ Company
1234 Archer Road
Gainesville, Fl 32607,
[Subject: Normally bold, summarizes the intention of the letter] -Optional-
Dear Justin Holloway,
Due to the recent putting up of a huge BuyMore mall near our shop, we are currently experiencing a drastic drop in our sales. Unfortunately, we see no feasible way to improve on this matter. Because of this, we have no choice but to close shop in this area effective June 19, 2010. We are very sorry for the turnout of events, but we shall be giving a very reasonable separation payment to each one of you to hopefully provide you the means to get a new job very soon.
We thank each and everyone of you from the bottom of our hearts for helping our small company grow and flourish throughout the years. Without your help, we surely wouldn’t be able to get to where we are now.
Again, thank you and we wish you all the best in your pursuit of all your future endeavors.
Sincerely,
Zeitia