Big Employers Slash Paid Leave and PTO, Hinting at a Perks Reassessment
Zoom trimmed paid parental leave (birthing parents to 18 weeks, non-birthing to 10) and Deloitte plans to scale back PTO, a pension, and IVF funding for select workers, signaling a broader cost-cutting trend in a tight labor market that could become precedent—even as experts warn cuts may hurt morale and retention if extended.