You are the president of high performing division and the Chief Executive Officer tells you in...

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You are the president of high performing division and the ChiefExecutive Officer tells you in order increase the profits byanother $260M over forecast; you need to layoffs 9 people. And alsoby doing this you will be promoted with 26k salary increase andstock option and also the analyst say the stock would go up in timeto cash in our stock options. What you will do? Explain the prosand cons of your actions for a. yourself, b. employees, and c.shareholders.
Write (typed) a 2-3 good paragraphs about it and itshould be in favor of layoffs. Thank you

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Background I am the president of high performing division and our Chief Executive Officer tells us that in order to increase the profits by another 260M over forecast we need to layoffs 9 people And also by doing this I 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 See Answer

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