Target Geelong Staff Layoffs
Target employee redundancies in Geelong: Ethical and corporate governance dilemmas
Ethical dilemmas for Target
Kantian Model of ethical thought
Principle of rights theory
Stakeholder theory & Target's downsizing in Geelong
Managerial insights
Target employee redundancies in Geelong: Ethical and corporate governance dilemmas
Corporation and large enterprises have faced ethical and corporate governance dilemmas due to staff layoffs and redundancy programs. Target Australia is one such brand that has recently faced this dilemma. Due to increased operating costs and decreasing sales, many in retail and manufacturing industry had to close their operations in developed countries. While such decisions are not easy to make, there are many ethical dilemmas and implications involved in businesses making downsizing decisions.
Background
In early May, 2013 Target started experiencing decreased sales and increasing stocks of unsold products. This caused the management to initiate a downsizing program in its head office at Geelong...
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