Can we expect the CEOs to decline any raises of any kind during these trying times for our country and citizens?
Companies Are Serving Notice: We’re Raising Prices Because of Tariffs
Submitted 3 weeks ago by silence7@slrpnk.net to nyt_gift_articles@sopuli.xyz
Comments
SendMePhotos@lemmy.world 3 weeks ago
sik0fewl@lemmy.ca 3 weeks ago
🤣
Ledericas@lemm.ee 3 weeks ago
they will decline any pay cut though.
Gladaed@feddit.org 3 weeks ago
That wouldnt work. The tariffs are bigger than most profit margins.
variants_of_concern@lemmy.one 3 weeks ago
What a time to be alive, for the first time in all the years of working for this company we are moving some manufacturing out of the US so we can avoid tariffs when shipping to other countries. They are sending like half our team this month to train people in mexico how to build and test some of our products with talk that we will be doing something similar to build stuff in Asia
flandish@lemmy.world 3 weeks ago
i want them to prove it. just like with covid price hikes, and standard capitalism’s greed, I don’t believe them. at all.
Iheartcheese@lemmy.world 3 weeks ago
You didn’t believe in covid price hikes?
superniceperson@sh.itjust.works 3 weeks ago
Companies reached peak profits during the height of COVID, proving that the price increases were not primarily caused by supply issues.
We’ve seen it more recently with egg prices greatly outpacing actual supply shortages.
‘supply and demand’ isn’t what sets a price, and hasn’t been for more than a century. Prices are simply set as high as the market can bear.
flandish@lemmy.world 3 weeks ago
i believed they’d hike for profit and pretend it was because of covid… yes.
Ledericas@lemm.ee 3 weeks ago
some of the covid prices are sitll on amazon.
Hermit_Lailoken@lemmy.world 3 weeks ago
Where’s all the MAGAts whining about grocery prices?
Ledericas@lemm.ee 3 weeks ago
they stopped as soon as TRUMP said he couldnt lower them, also eggs too,