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Announcement Of Bad News
ANNOUNCEMENT OF BAD NEWS
TO: [First Name of employee] [Last Name of employee]
[Title of employee]
FROM: [First Name of employer] [Last Name of employer]
[Title of employer]
DATE: [Date of notice]
RE: Rejection of Contract for [Name of client]
As many of you may already know, the contract for the [Name of project contract was for] was awarded to our competitor, [Name of Competitor]. Please be assured that this in no way reflects poorly on any of our personnel who dedicated themselves to this proposal over the last few months. [Name of Competitor] was able to provide the services requested by [Company contract was presented to] at a lower cost than our company.
Unfortunately, the loss of this contract will have repercussions throughout many departments of our company. We have been experiencing a very challenging, difficult year because of the current economic conditions in our state. Several people will be let go from our[Name of Department(s)]
We will be restructuring our [Name of Departments] to see how we can raise profits and dividends. During this restructuring, other changes may follow and we will keep all involved fully informed.
We have both won and lost proposals in the past; I'm sure the future holds much of the same. In the past, we have pulled through; we will again.