Loblaw sees 'profit improvements' in wage and benefit cuts – Canadian Dimension

Twice since the pandemic began, the billionaire CEO of Loblaw Companies Ltd. has risked job action by the company’s low wage workers in a bid to cut their $2 pandemic premium pay. More than just cutting costs, this is about keeping workers desperate or—in the company’s words, “flexible.” Desperate workers tend to tolerate wage cuts to make them more desperate still. Every cut won will be used to aid the next one.

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