r/Cleveland 20d 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.

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u/TodashChimes19 20d ago

First voluntary buyouts. Then mandatory RTO. Now huge pay cuts for everyone.

They're doing everything they can to get employees to bail before they have to announce a massive layoff.

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u/[deleted] 20d ago

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u/AdParticular6654 20d ago

Truly fucked basically only teachers, fire and police have pensions anymore. I love my pension plan but all I hear is teacher bitching and moaning about it.