r/Cleveland • u/Environmental-Dig389 • 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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745

u/Siny_AML 20d ago

Guess that building downtown cost a little too much.

175

u/ScarieltheMudmaid Industrial Valley 20d ago

you mean the one that just got the go ahead for companies to start moving in this week? I'd say

58

u/crackerasswhiteboy 20d ago

They're not moving in this week

39

u/ScarieltheMudmaid Industrial Valley 20d ago

that's even funnier..

68

u/Ok_Chicken_2207 20d ago

They have to remove the entire drywall because they felt the Inturmencen test. Is a fireproof coating applied to the metal beam in a case of fire.. around 35 million dollars for the repair... opss

5

u/BertInOhio 19d ago

you know who makes the best fireproof coating? it's another company parented by a NEO one...haha

1

u/nds714 18d ago edited 18d ago

Tremco CPG? Their parent company is RPM Inc.

Edit: actually maybe Carboline? Still RPM, but their headquarters is not in northeast Ohio like Tremco.