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   comp.dcom.telecom      Telecommunications digest. (Moderated)      17,262 messages   

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   Message 16,223 of 17,262   
   Bill Horne to All   
   AT&T Cuts Retiree Healthcare & Employee    
   27 Dec 21 16:19:21   
   
   From: malQassRimiMlation@gmail.com   
      
   in ATT onFebruary 7, 2021   
      
   As a recruiter I'm often asked about benefit packages offered by   
   certain companies.  Over the last year there have been substantive   
   changes in benefits coming from Fortune 500 companies with most of the   
   changes going the wrong way. We've seen many large corporations choose   
   to cut employee benefits whether that be pension, 401(k), or   
   healthcare. Verizon created headlines all the way back in 2005 when   
   they announced they would freeze their pension program. In the years   
   to come many corporations followed suite by moving to defined   
   contribution plans as opposed to defined benefit plans. This trend   
   culminated in General Electric deciding to freeze the largest pension   
   fund in the United States. Other corporations have decided to target   
   401(k) plans.  ExxonMobil announced earlier this year that they would   
   suspend their 401(k) matching program indefinitely. Which brings us to   
   AT&T ...   
      
   https://techstaffer.blog/2021/02/07/att-announces-big-cuts-to-em   
   loyees-benefits/   
      
   --   
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