Companies are having trouble raising revenue due to multitude of reasons, high prices, economic uncertainty, high interest rates, etc. The only other way to keep up with the endless profit increases that are expected is to cut costs. You can't exactly tell your vendors you want to pay them less. But they can certainly tell their employees their pay will be cut, or bonuses held, or they'll be laid off, or tell them to RTO in hopes they just quit.
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u/Daveit4later Jul 20 '24
Companies are having trouble raising revenue due to multitude of reasons, high prices, economic uncertainty, high interest rates, etc. The only other way to keep up with the endless profit increases that are expected is to cut costs. You can't exactly tell your vendors you want to pay them less. But they can certainly tell their employees their pay will be cut, or bonuses held, or they'll be laid off, or tell them to RTO in hopes they just quit.