What do I say about why I left my last job? (Minneapolis)

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.

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.