"No, fuck. Leave me alone."
Worker: "Alright, what do we need to discuss?"
Boss: "Well the first thing we need to do is touch base."
Worker: "So the point of this call is to have a call?"
Boss: "Exactly. That's why touching base is so important."
Worker: *muttered* "Go to hell, you recursive asshat."
The only businesses who have become notorious for the term are financial institutions where, in fact, new employees are actually taught to use it in the form of customer psychology as it belittles the status of the borrower in relation to the lender, e.g., reminding the customer who the lender is and that they are in debt.
It's a term that generally only white people use or that you only use when speaking to white people or that you only use when trying to sound white. Either way, if anyone is "touching base" with anyone else, white people have to be involved somehow.
Tom: "Laura, we're just going to be hanging out at the mall. Stop being so freaking white about it!"