The idea that profits are more important than basic humanity is preposterous.
The unions wanted sick leave, because under the current system, employees were scheduled weeks in advance with zero margin. If the employee was sick, they had to ask for PTO which would get denied because of lack of notice and any margin (other employees to cover the job)
When a company loses money year after year it goes bankrupt. The company disappears. The workers lose their jobs.
It is important for a company to earn a profit. You'll find companies like google and facebook, who are making fat profits.... pay fat salaries to their workers.