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Back in my days in business (middle management), my continued employment depended on ever-increasing sales and ever-decreasing costs. I was directed to keep people under 28 hours/week (IIRC) to avoid them being eligible for benefits. Front line staff worked hard physically, with very little hope of advancement. Basically, I had to elevate myself by climbing on those working for me. I couldn't do it anymore, but plenty of people can and do.
Companies/corporations care only about profit. People are tools for making profit. There are, of course, exceptions, but I believe that the corporate push for ever-greater profits is crushing the working class. Oh, and corporations are people now, capable of buying much more political power in a day than I could build up in a lifetime.