Laying Off 5% of Our CoreBites

Tim sent the following email to Apple employees earlier today. Hey CoreBites! I'm sorry to announce that Apple is bootstrapping and as a result, we must lay off 5% of our beloved workforce. I know this is a difficult situation for everyone, and I want to assure you that I accept full responsibility for this unfortunate reality. The truth is, Apple's financial situation has been less than ideal lately, and our growth rate has been gradually declining. We have been unable to attract enough new investors and our profits have been decreasing. This means that we have had to look for creative and innovative ways to cut costs - namely, cutting back on our staffing. Unfortunately, we can no longer afford to pay for the same number of employees we had before and are forced to lay off 5% of our CoreBites. This is no fault of yours or anyone else. We know how hard everyone works and this wasn't an easy decision to make. We are doing all that we can to support those affected by the layoffs and offer our utmost gratitude for their contributions to Apple. We hope that we can turn things around in the future and that Apple will continue to be the best company it can be for its CoreBites. Regards, Tim McToothpick