Script:
(W) I′m afraid that it is not good news that has prompted me to call you all here today. As you know, this has been a difficult year for Brysons, and profits have been at a record low for the last three quarters in a row. We were hoping that this fourth quarter would bring us out of the slump, but this has not been the case. Therefore, I have no choice but to tell you the following. Staff cuts have to be made, starting with those of you who have been here for the shortest time.
We are sorry we are not able to offer the continued opportunity to develop your careers at Brysons. Lydia will now read a list of the first group of names and explain what happens next.