Case Study: Arguments for and against the firing of an employee who posted a video

This is a post discussion of 50-75 words Case Study: Consider the following situation. While walking through a public park on their way back to work after lunch, four employees of a large Internet services company begin clowning around and singing silly and raunchy songs. One of them captures the scene on his cell phone and later posts it on a major video website. In the video, the company logo is clearly visible on the t-shirts the employees are wearing. The company fires the employee who posted the video and has not decided on action against the others. Discuss arguments for and against the firing. Also, what disciplinary action, if any, is appropriate for the other employees?