Corporate America may be bumping up against the limit of its power to keep raising prices as consumers in some markets cry uncle.

“Even though we’re pushing through pricing, the consumer is tolerating it well,” he said in October analyst call.

normal way to talk about ‘fellow’ human beings

  • MrsDoyle@lemmy.world
    4·
    9 months ago

    What most irritates me about this - plus layoffs to increase profits- is that the corporate numbnuts overlook the fact that every employee they stiff is a customer. Everyone is someone’s customer. A customer who has a shrinking amount of disposable income to spend on white goods, new clothes, eating out etc. They think hurrah, with AI we’ll be able to sack our creatives! Next thing they’re whining because there are so many homeless people on the streets. There’s a link! It’s exasperating.