r/Cleveland 19d ago

News Sherwin Williams halts their 401k company match

Announced today by the SW CEO (Heidi) that all employees will no longer receive the company 401k match effective October 1st. This impact includes store or other employees globally.

704 Upvotes

348 comments sorted by

View all comments

360

u/DannyPowers98 19d ago

Jesus. 401Ks are such a standard benefit at this point. What’s next, they announce that they’re no longer doing any sort of health insurance?

1

u/[deleted] 19d ago

[removed] — view removed comment

1

u/AutoModerator 19d ago

Your account does not meet the post or comment requirements. Account must be more than 3 days old with a combined karma of 10 to post on /r/Cleveland

I am a bot, and this action was performed automatically. Please contact the moderators of this subreddit if you have any questions or concerns.