What do I say about why I left my last job?

I have an interview next week and I am unsure how to explain why I left my last job as a production planner. I have been practising in the mirror. Do they ask follow-ups?

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.