Yes that is probably true for those who live in shitty countries where workers have no rights and they can pay crappy salaries and fire people however they wish. Here most companies have union agreements with regulated fair minimum salaries that a person can actually live a good normal life with.
I am always thankful to live in Sweden instead of e.g America where some people even have two jobs to survive, hardly any vacation days etc. I have even heard that many people there dont even have extra pension plans payed for by their employer
🤨