Ethics in downsizing

Ethics in downsizing

When shareholders increase their wealth through downsizing, does this come, to some degree, at the expense of loyal employees—those who have worked diligently to serve the firm in terms of accomplishing its vision and mission?

If so, what actions would you take to be fair to both shareholders and employees if you were charged with downsizing
or “smartsizing” a firm’s employment ranks? What ethical base would you employ to make decisions regarding downsizing?

  

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