Explain that the company has lost money in three of the four prior years and that you need to take actions to make the company profitable again.

Assume the role of Nick (at Jensen Chemicals and Hardware Depot) and write a bad-news announcement to all employees explaining the elimination of the tuition-reimbursement program. Explain that the company has lost money in three of the four prior years and that you need to take actions to make the company profitable again.

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