I hope this message finds you well. I am writing to inform you that, due to the recent financial challenges that [YOUR COMPANY NAME] has been facing, we have made the difficult decision to cancel the bonus that was scheduled for the first quarter of 2051.
This decision was necessary to help us manage our current financial constraints and ensure the long-term stability of the company. We understand that this news may be disappointing and we sincerely apologize for any inconvenience this may cause.
Please be assured that this action is not a reflection of your performance or contributions, which we greatly value. If you have any questions or need further clarification regarding this matter, please feel free to reach out to Erica Price in the Human Resources department at 222 555 7777 or [email protected].
We appreciate your understanding and continued dedication during this challenging time. Thank you for your attention to this notice.
