This press release uses a format that is generally accepted by most media. The release should be double-spaced. Keep it brief and in inverted-pyramid style: most important news first, secondary news next, etc. If the story runs on to a second page, identify your story in the upper left-hand corner. End the release with three # symbols bottom-center.
Contact: <contact information>
<DATELINE>--<business name> has fallen victim to the downsizing bug and has laid off <number of people laid off> members of its full-time staff, effective <date>. <position and name> said <reasons for layoffs>.
<details of business>
For more information, please contact <contact person> at <contact number>.