Subject: Regarding Your Application for {Position}

Dear {Candidate Name},

Thank you for your interest in the {Position} role at {Company Name} and for taking the time to interview with our team.

We received a large number of applications, and after careful consideration, we have decided to move forward with other candidates whose qualifications more closely match our current needs.

This was not an easy decision, as we were impressed with your skills and experience. We appreciate you sharing your accomplishments with us.

We will keep your resume on file for future opportunities that may be a better fit. We wish you the best of luck in your job search.

Sincerely,
The {Company Name} Team