Resignation letter due to economy (+3 Samples)

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Page last updated: 24/09/2022

Resignation letter due to economy (+3 Samples)

In this blogpost, we will be showing you different “resignation letters due to economy” reasons.

Writing a “resignation letter due to economy”

While writing a resignation letter due to the economy, certain points that you will nee dto keep in mind have been shared as follows.

  • You will first need to thank the management for the opportunity of working here and also mention your last working day
  • You can then state the actual reason of your departure, in this case economy reasons
  • You can also list the various outstanding projects that need to be completed by someone else after your departure
  • Finally, you can mention some suggestions that the company can use to improve the work environment for other employees. However, this is completely optional

Sample 1: “Resignation letter due to economy”

This resignation letter format is for a person who has worked in the company for a long time, but is now resigning as a result of an economical issue.

[Name]

[Address, zip code]

[Phone number]

[Email]

[Date]

[Immediate Supervisor]

This letter is to inform the management of [xyz company] that I am resigning from my post of [abc] which I have served for [no.] years. I will be serving my two-week notice period which will make [date] my last working day at the company. At the time of my departure, I will have the following outstanding tasks and projects that need to be overseen by someone else:

[Project 1]

[Project 2]

[Project 3]

My exit from [xyz company] is definitely not an easy one as this comes due to an economical issue. Since I am not sure of the company’s future, I am forced to search for better opportunities. This is important for me as I am the sole breadwinner for my family.

I still wish to thank the management of [xyz company] for giving me the opportunity to work and rise up in the ranks throughout the years. I particularly thank [Person 1] and [Person 2] who were nothing but pleasures to work with all these years. I specially extend my gratitude to my team without whom I couldn’t have achieved the various accomplishments in the company.

I wish nothing but the best for [xyz company] and hope to see it grow in the future. I also kindly request a reference letter through which I may seek other job opportunities that will be suitable for my profile.

Sincerely,

[Name]

Sample 2: “Resignation letter due to economy”

This resignation letter sample is for a person who is leaving the company due to economic concerns, particularly since they are not happy with their pay.

[Name]

[Address, zip code]

[Phone number]

[Email]

[Date]

[Immediate Supervisor]

Through this letter, I hereby inform the management of [xyz company] that I am resigning from my post of [abc] which I have served for [no.] years. My departure from the company is as a result of my salary not being increased, despite my many years of hard work and the several accolades that follow my name.

Due to economic concerns, I wish to move out of the company and seek other opportunities which will pay me more and also help me grow. While this means that I will be leaving my family and friends at [xyz company], I see no other choices but to do so in the face of rising inflation.

I extend my thanks to all the employees of [xyz company] who have made my experience here a wholesome once. I also want to thank [name] for their support when I spearheaded [Project name] as a rookie in the company. I kindly ask that my last paycheck be sent to my home address which has been listed in the personnel files.

Yours truly,

[Name]

Sample 3: “Resignation letter due to economy”

This resignation letter sample is for a person who has worked in the company for quite a while but is leaving as they doubt the economy of the organization.

[Name]

[Address, zip code]

[Phone number]

[Email]

[Date]

[Immediate Supervisor]

Through this letter, I am informing you of my resignation from my post of [abc] at [xyz company]. I will be taking my leave after my two-week notice period, which makes [date] my las working day here. I understand that I will have certain outstanding projects on my last day, which have been pointed out as follows.

[Task 1]

[Task 2]

[Task 3]

This departure from the company is certainly not my own decision but comes due to recent news and information about the faulty nature of the organization’s structure. After the company’s stocks fell repeatedly for the last few months, I personally don’t think this is the environment for me to be working in, particularly as my family is dependent on my earnings.

I still wish to thank the management at [xyz company] for the learning and the work opportunity that I have enjoyed here. I wish the company continued success in its future endeavors.

Yours truly,

[Name]

Other sample resignation or leave letters

Below are some of the other resignation or leave letters we curated. 

If you are looking for a job, you should also ideally start your job research on job websites such as Indeed.

Resignation letter due to divorce

Resignation letter due to drama

Resignation letter due to early retirement

Frequently asked questions: “Resignation letter due to economy”

Can you resign because of stress?

Yes, you can resign because of stress as this can affect your mental health as well as your physical health. More and more people are quitting their jobs as they are stressed and burnt out.

What to do when you hate your job but can’t afford to quit?

The best option is to look for other opportunities while you work. You can even start a side hustle to multiply your sources of income.

If you like this blogpost, please leave your comments and questions below.