Thursday, 21 May, 2026
Corporate Belt-Tightening: TTEC Freezes 401(k) Employee Match Amid Uncertainty
By TechShots Studio
TTEC has temporarily suspended 401(k) matching contributions for its 16,000 U.S. employees. In a memo, Chief People Officer Laura Butler said the company will pause its 3% retirement match for nine months as part of cost-cutting measures tied to economic uncertainty. The benefit may return depending on future business performance.
Read full story at TOI