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A companys top managers decided to split the company into two separate companies and since the split, both companies have completed massive employees layoff, especially

A companys top managers decided to split the company into two separate companies and since the split, both companies have completed massive employees layoff, especially senior employees, and both companies were able to pay significantly less corporate taxes from restructuring and impairment of intangible charges. Both new companies stock prices have increased significantly after the split. Briefly contrast the top managers action based on both the investing stakeholders versus the non-investing stakeholders interests and business ethics.

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