Notice to Employees of Bonus Cancellation

Notice to Employees of Bonus Cancellation :

This letter should be typed in the official letter-head of the company.

The Company's Name

Door Number and Street's Name,
Area Name,
Postal Code : XXXXXX
Phone Number : 0000 - 123456789

TO :

The Receiver's Name,
Door Number and Street's Name,
Area Name,
Postal Code : XXXXXXX

Date :

Reference :

Dear _____________,

This has been a difficult year for the ( Name of Company ).I am sure that you all know that the loss of our threecontracts with the United States Air Force, due to the cut-backin defense appropriations, hurt us substantially.

In July, we had a major decision to make. The question wewere faced with was whether to let some of our employees go,or to explore all other possible avenues of cost reduction,keeping everyone's job intact. We chose the latter course.Unfortunately, one of the policies we were forced toeliminate for this year, was our annual Christmas bonus toeach of our employees.

This will be the first year since 1976 that we will beunable to thank you in this special manner for your hardwork, loyalty and faithfulness. We are all hoping that 1986will be a prosperous year and that we will be able toreinstate our traditional Christmas bonus policy.

Yours Sincerely,

(The Sender's Signature)

The Sender's Name

Enc. :

Notice to Employees of Bonus Cancellation

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