Most jobs will give you a performance review and a raise every year to account for inflation and any increased duties you’ve taken on. We increase minimum wage by massive amounts after far too many years which causes all sorts of economic concerns, business complaints, and just a bunch of arguments everywhere. Shouldn’t they just increase minimum wage 3.5% or whatever, every single year?
If the business cannot afford to operate, then they shouldn’t. Full stop.
So, yes. Gimme those sweet, sweet layoffs. Let’s watch the whole business implode while we’re at it.