Your company's CEO just informed you that your team's budget will be unexpectedly reduced by $20\%$ this quarter. This will create significant disruptions on several projects that your team has already begun, and it may mean that you have to drop one or two projects altogether. Which of the following communication channels would be LEAST effective in communicating this situation to your team?

Select : $1$

An email message sent to the entire team.

Individual calls with each team member.

An online meeting with the entire team.