It might be frequency-bias, but of the companies downsizing/closing in my area I see almost all of the published explanations are blaming wages.
And lest we leave it merely implied, the problematic wages for the company are the workers, who make the products being sold. The wages of middle management + executives who allegedly steer the ship are magnitudes larger, but those are completely fine.
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And lest we leave it merely implied, the problematic wages for the company are the workers, who make the products being sold. The wages of middle management + executives who allegedly steer the ship are magnitudes larger, but those are completely fine.
As is any money delivered to shareholders, for literally doing no work at all.
But it's morally repugnant to pay a worker one penny more than necessary.