This kind of response went out of fashion after Enron. Burning an entire company to the ground (in that case Arthur Andersen) and putting thousands out of work because of the misdeeds of a few - even if they were due to companywide culture problems - turned out to be disproportionate, wasteful, and cruel.
the answer to that is a functional social safety net for the innocent employees to land in, not allowing companies to violate the law with impunity.