Announce a layoff - 3

Dear Felix

Chris Auto Performance is feeling the crunch of these economic times. Most consumers lack the disposable income we count on for our bread and butter.

Effective at the end of this pay period we will experience a 50% reduction in staff, right across seniority lines.

John Chris can help you with such matters as the continuation of your health plans and details of the severance package. We very much regret that we must take this step. With any luck we will be recalling some or all of you within the next few months. Until then, we wish you well in your endeavors.

Regards
Lydia