This only strikes us plebes when we find out about it. It is common knowledge in economist circles:

en.wikipedia.org/wiki/Shareholder_primacy

The Social Responsibility of Business is to Increase Its Profits: a company has no social responsibility to the public or society; its only responsibility is to its shareholders en.wikipedia.org/wiki/Friedman_doctrine

This has only been recently challenged as a PR attempt to rebrand it into “stakeholder capitalism”

Also, not related but equally horrifying: in macroeconomics there is a target of unemployment of around 5%, aka full employment is to be avoided: en.wikipedia.org/wiki/NAIRU