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Because of some financial problems that forced your company to downsize. The CEO made his decision to apply the rule which is Last in-first

Because of some financial problems that forced your company to downsize. The CEO made his decision to apply 

Because of some financial problems that forced your company to downsize. The CEO made his decision to apply the rule which is "Last in-first out" do you think he made an ethical decision? Why? If you like to judge whether his decision was ethically right or wrong what guidelines you may use for evaluating the ethics of his decision?

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