If your business has been hit hard by the effects of COVID and you want to terminate your staff temporarily or permanently, you can use this COVID Termination Letter to inform them.
[City, State and Zip Code]
Dear [Employee’s Name],
As you are aware, our company is one of the hardest-hit businesses and our performance over the last [Duration] has been extremely poor. With the spread of the virus ravaging the country, we weren’t spared from its adverse effects.
We have tried to maintain a proper financial position by applying for government loans and grants from good wishers. These have unfortunately not been enough to keep the business afloat.
In regards to this, I am sorry to inform you that your employment has been terminated effectively from [Date]. You will still receive your final salary and any entitled benefits. We thank you for your contribution to [Company’s Name] and wish you all the best in your endevours.
Please return any issued company items before leaving.
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