You don’t say!
https://www.theguardian.com/business/2024/jan/19/us-inflation-caused-by-corporate-profits
Akin to what I learned early in my work career: Business “downturn”, freeze/cut wages. Things get “better” workers don’t get any benefit. Me at (big tech co)“bad” times, wages cut in lieu of fancy, worthless stock certificates. Still have em 😂