I was going to say that curring hours just offloads the problem onto their employees, but the reality is it does that
and creates new problems for the bbusiness.If the employee cannot afford to keep the job, they will be forced to search for a new or additional job. The business is either hiring and training inexperienced people, or dealing with staff who have reduced availability.
They also cannot do much about fixed costs; postponing maintenance typically increases long term maintenance costs; postponing upgrades, cutting amenities, and raising prices may deter even more customers (keep in mind, nearly everyone is feeling the pinch these days). That is assuming that the business isn't doing that already.