INTEROFFICE MEMORANDUM
TO: [ ]
FROM: [ ]
DATE: [ ]
SUBJECT: [Year-end bonus]
In reviewing our year-to-date sales figures and expenditures, I have reached a very difficult decision. Due to our decreased sales since [May] and continued increases in our costs, [COMPANY] will not be paying a Christmas bonus to employees this year.
Despite [COMPANY’S] overall performance decline, our core products have continued to do well. In addition, since we have dropped the unprofitable [Debbie Cosmetics line] and will soon launch the [Ashley Bath Products line], forecasts for next year are excellent.
