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You are the chief executive officer of an American subsidiary in Canada that has had its best year ever for sales and profitability. This has
You are the chief executive officer of an American subsidiary in Canada that has had its best year ever for sales and profitability. This has prompted many of your staff to take out new mortgages or buy expensive cars. However, you have been toldand sworn to secrecythat the company will close its Canadian operations within a year. Your job is to ensure an orderly operation until then. Some of the staff are close friends and will be in financial difficulty. What should you do? What should the company do?
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