Roll Out Tire
123 State St.
Bristol RI, 02809
October 9, 2015
Dear John Smith,
Re: Your employment at Roll Out Tire
It is with regret that we inform you that you are being laid off. This will be effective October 30, 2015. Your release is in no way related to your job performance at Roll Out Tire. You have been a great member of our team. Your contribution to our company has been highly valued.
Our company has been experiencing a loss in profit due to the reduction in sales of our company’s tires. In 2015 Roll Out Tires sold 10,000 tires, a dramatic decrease compared to the 20,000 tires sold in 2014. Additionally, we have suffered a loss in customers with the opening of three competitor stores in the Bristol area. In addition the cost of rubber and factory parts to manufacture the tires has increased to $50,000 in 2015 compared to $25,000 in 2014. With our current economic situation we are unable to maintain your position.
Human Resources will stage a series of seminars that will help prepare you for the transition from the company. All seminars will be held on October 12th, 2015 in Conference Room A at the Bristol, RI headquarters. We strongly encourage you to attend all the seminars.
- Session 1: Severance Package (11:00am to 12:00pm)
This seminar will address when severance checks will be delivered and the contents of each severance package.
- Session 2: Benefits (12:00pm to 1:00pm)
This session will articulate when benefits will be stopped and the amenities they include.
- Session 3: Psychological Counseling (10:00am to 5:00pm)
This final session will provide individual meetings with trained psychologists to help you during for this difficult time.
We thank you for your efforts and contribution to Roll Out Tire. We will gladly re-employ you should circumstances allow. Our management team will be happy to provide you with references and letters of recommendation. Our best wishes for you and your future endeavors.
CEO of Roll Out Tire