Getting people back into the office to work is imperative for many service/convenience based businesses. The new work-from-home model is impacting everyone. And sadly if a micro-business owner cannot pivot...they will close.
With this thing called the Internet, I'm surprised it hasn't happend more. Work from home is/will be the future for many different sectors. Who wants to fight mobs in cities when you can do things from 'home' or travel and work.
For the most part they employ very low skilled workers at really low wages. I don't see the imperative in a macro sense.
“The next quarter, although revenues were down, those cuts allowed TransDigm to maintain its eye-popping 40% profit margin. Its share price has recovered most of the ground since March.”
And guess what happened to compensation in the boardroom?