We
let businesses exist for one reason, so people can actually live (and I say let, because it is society - that is, its individuals - that has a put a system in place whereby such entities can exist and do what they do). If a job doesn't pay enough for that, the business isn't worth keeping around from the society's point of view. Workers should be paid decently, no matter what — profits or no profits. If an industry or company can't afford to pay fair wages, it’s not worth having, plain and simple.
On top of fair pay, companies owe their employees more. Businesses don't exist in a vacuum—they're tools we use to make life better for everyone. The entire economy is just a system we built to serve people, not the other way around.
Right now, companies often act like mini-dictatorships, where the tradeoff — giving up freedoms in exchange for money — ends up hurting society even if it props up the economy.
In short: if a company isn't contributing positively, it's failing at its purpose and should either disappear, or forced to fulfill its role.