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Date :
[Select and
type recipient's address]
Dear
This has
been a difficult year for the [Corporation]. I am
sure that you all know that the loss of our three
contracts with the [], due to the cut-back in
defense appropriations, hurt us substantially.
In July, we
had a major decision to make. The question we were
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 to eliminate
for this year, was our annual Christmas bonus to
each of our employees.
This will be
the first year since [] that we will be unable to
thank you in this special manner for your hard
work, loyalty and faithfulness. We are all hoping
that 20__ will be a prosperous year and that we
will be able to reinstate our traditional
Christmas bonus policy.
[Select and type your name]
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