[SoftTalker]

But the company itself faces all those challenges too. Customers are cutting back because inflation is forcing them to reallocate their own spending. Supplies cost more. Raising prices isn't always possible in the face of competition, at least not enough to offset inflation.

Inflation is basically a correction for a previous period where money was too cheap. It hurts everyone (at least everyone who didn't prepare for it).

[danaris]

The company can dry its tears with the several billion in profit they make.

There's no non-greed-related reason they can't share that profit with their employees, rather than stiffing them just when they need help.