This video clip is not pretty; this is harsh, yet this is a reality regardless of whether your competitors sitting right next to you or not.
I sincerely wish those who are impacted and their families the best of luck and each of those who will be impacted will land on a new job without much difficulty.
Benefits of free trade for the global economy, in its simplest form, assumes "no transaction costs", but there are transaction/adjustment costs in the process of economic transformation, which probably makes some sort of social safety net necessary for those impacted. 1,400 employees to be fired means probably around 5,000 people including their families would be impacted, and we can easily imagine how devastating this can be to the local communities. Economic adjustments in the process hurts somewhere while benefit elsewhere, but that doesn't invalidate theories of international economics. I guess, the lesson to learn from this video is to always prepare oneself to become able to ride wild waves of economy by enhancing employability. That is the only solution each individual can proactively work on.