Telecommunication is a very diverse and ever changing field and the company has to restructure some programs to make sure that their company can survive these tough times.
There is also an issue with the Union being involved with the companys decision. This is a great example of the grapevine communication. The grapevine is an unstructured and informal network founded on social relationships rather than organizational charts or job descriptions (McShane 2005). There are a lot of situations that should be discussed within a corporation. The Union feels as if they are betraying the employees because they were not able to notify the employees about the upcoming layoffs and outsourcing jobs. This is important for the Union to know because they are the there to protect the employees rights.
With this in mind the employees will effected dramatically. The employees will lose their livelihood. There are some that are there to support their family and some there for benefits. Either way or for whatever reason that they are there they will be effected in the layoffs that the company is about to do. The Union and the Company reputation are on line because they are noted for their ability to treat their employees well. This is a very good attribute for the company to have this type of reputation and this is in jeopardy.
The company has just gone through some changes with their benefits with the Technology Workers Union and cutting expenses by outsourcing jobs. The company need help quick and is willing to make drastic changes to improve their situation.
Stakeholder Perspectives/Ethical Dilemmas
The stakeholders have a big interest in the company because they have a monetary interest in the company. There are many telecommunication companies that are very competitive and the stakeholders have a chance to invest in any company that they wish so it would be in the best in View More »