Villan,
Sad but true: if a company does not make a profit, it goes under and everyone loses their jobs. The other option is for everyone to work for a pittance as in China in the 70s and 80s. 100% employment; 95% below the poverty line. With the government controlling all.
So maybe they are bastards for mismanaging and walking away with a handsome sum themselves but not for closing a plant that is losing money.