If you can make people redundant when economically you have to, then I don't have a problem except who defines "economically".
All in all, because of my own experience, I still prefer the "at will" system with a real social net behind it, as opposed to the State telling businesses how to run themselves.
That is not a freedom vs fairness issue IMHO; it's a who's best qualified to make decisions issue.
By all means, let's have the State assist, help, hire, create jobs, but don't direct.
I will however agree that big companies are behaving increasingly like rogue citizens and obviously need some counterweight.