Explaining a layoff without sounding bitter - any advice?

My whole team was cut and I want to say it calmly. This is my first time dealing with any of this. I have been practising in the mirror. What do you say?

Practise it out loud with a friend. Mine felt natural after the third try.

I keep it to two sentences: the company cut my team, and here is what I am proud of and what I am looking for next.