/biz/ - Business & Finance

>>57355475
>they reduce working hours and raise pay/working hours to market wage inflation
When manufacturing companies reduce hours, it's to avoid laying off employees. It's more expensive to fire them and hire on new ones due to the time required to retrain new employees. Any wage increases are because the trade-off to lose the employees (from lost productivity) is greater than the cost of raising wages. As the trend of economic decline continues continues, employers will go from cutting hours to reducing wages or laying off employees. This will have a cascading effect in reducing discretionary spending causing other companies to have to cut employees.

>>49606906
all my traffic goes through a VPN i pay for with crypto