They're clueless. I worked there for a long time, worked myself into a cushy job at HQ.
After a field meeting I found myself in the car with the guy at the office who was the liason between the office and C-suite, he had a big meeting with the big muckety mucks in a couple days and was expected to present options on how to modernize ops and was asking my opinion on where the company should go. Despite having an answer locked and loaded, I declined to provide it. All the combined MBAs at that place couldn't run a restaurant if they had to, and I'll be damned if I'm going to help them solve their problems. Sort it out egghead.
The entire economy feels like a giant prisoner's dilemma right now. Its like when a shitty mobile game is in it's last days and starts reeeealy gouging the prices and removing f2p elements, knowing the whales will still spend and they want to scoop up what cash they can before they close the doors.
Everybody is individually trying to grind their consumers and employees into fine powder, not caring that the more predatory they get against customers and labor, the less money those people have to spend. Even Henry Ford knew paying his employees enough money and pricing his cars reasonably meant MORE money coming in, because his employees were buying the cars.
If every company reduces their workforce to 6 C suite members and 10,000 robots while \*also\* pricing out half their customer base while \*also\* backing politicians that cut food and medical welfare, there won't be any money for anyone left to spend.
You can't squeeze blood from a stone, nobody seems to be thinking about what will happen when nobody is buying anything anymore and instead chooses to further the problem. I can't imagine the markets will be doing too good when 80% of food, automobile, recreation, and retail sales are gone. It will happen faster than you think.
Shhhhh. Keep this shit on the low. I like buying 8 thighs for $12 and scurrying out of the grocery store like I just committed robbery.
Don't want C-Thighs going the way of the Ox Tail.