The main reason of writing this memo is to inform you that following the economic hardships that are facing our company; the company is planning on the strategies of reducing the length of working hours. As the vice president of the Estee Lauder which is a Long Island Company, I would like to express the concern of our company in as far as your welfare is concerned. As a result of this, each and every employee will be required to reduce the time of working or the number of working days in a week. As you already know, this company is facing a lot of economic difficulties especially in relation to the amount of profits accrued per months. This has resulted to the coming up with strategies of reducing the amount of money paid to each and every employees.