WeSearch

Deloitte and Zoom’s trims to parental-leave benefits may hurt them in long run, experts say

https://www.theguardian.com/profile/eric-berger· ·4 min read · 0 reactions · 0 comments · 3 views
#parental leave#corporate benefits#labor market#employee retention#us workforce
Deloitte and Zoom’s trims to parental-leave benefits may hurt them in long run, experts say
⚡ TL;DR · AI summary

Deloitte and Zoom are reducing their paid parental leave benefits, a move experts say could save money short-term but may harm employee loyalty and productivity in the long run. The cuts come amid a stagnating labor market, potentially signaling broader trends in corporate benefit reductions. Despite the changes, both companies maintain that their benefits remain competitive. Experts warn such rollbacks could negatively impact workforce morale and societal well-being, especially in a country without federally guaranteed paid leave.

Original article
the Guardian · https://www.theguardian.com/profile/eric-berger
Read full at the Guardian →
Opening excerpt (first ~120 words) tap to expand

The Zoom headquarters in San Jose, California. Photograph: Bloomberg/Getty ImagesView image in fullscreenThe Zoom headquarters in San Jose, California. Photograph: Bloomberg/Getty ImagesBusinessDeloitte and Zoom’s trims to parental-leave benefits may hurt them in long run, experts sayThe firms said last week that they will be reducing parental leave and other benefits for employees starting next yearEric BergerTue 28 Apr 2026 07.00 EDTLast modified on Tue 28 Apr 2026 07.02 EDTSharePrefer the Guardian on GoogleRecent moves by US companies Deloitte and Zoom to reduce how much paid parental leave they offer employees could signal a larger reduction in benefits in corporate America, according to labor market experts.American workers are already seen as having less benefits and labor…

Excerpt limited to ~120 words for fair-use compliance. The full article is at the Guardian.

Anonymous · no account needed
Share 𝕏 Facebook Reddit LinkedIn Threads WhatsApp Bluesky Mastodon Email

Discussion

0 comments

More from the Guardian