How the hell does this company lose over $1 billion a year?

The company lost $320 million per quarter this year which adds up to $1.28 billion and the workers want a 24% raise. They probably wont have a job after the strike is over. The company is runned by gremlins

https://www.canadapost-postescanada.ca/cpc/en/our-company/news-and-media/corporate-news/news-release/2024-11-22-canada-post-reports-315-million-loss-before-tax-in-third-quarter

Total loss after 3 quarters: $803 million. It's heading to $1.2 billion+