You are the president of high performing division and the Chief Executive Office

Question

You are the president of high performing division and the Chief Executive Officer tells you in order increase the profits by another $260M over forecast; you need to layoffs 9 people. And also by doing this you will be promoted with 26k salary increase and stock option and also the analyst say the stock would go up in time to cash in our stock options. What you will do? Explain the pros and cons of your actions for a. yourself, b. employees, and c. shareholders.

Write (typed) a 2-3 good paragraphs about it and it should be in favor of layoffs. Thank you

Explanation / Answer

Benefits of layoffs to the company will be:

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