I heard there was a small layoff last month (June). True? How many? I also heard the 401K was affected (they stopped matching possibly). True?
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They cut a large number of jobs in western hemisphere
They took 10 days of our pay
They suspended 401k match
They gave bonus to upper management
They hired more managers
3 people from my immediate knowledge, but there may be many more that I don't know of. It was difficult to know because many people were working remotely during the time.
There was a pay reduction by working one less day a week for 10 weeks over the past couple of months and the pension plan was eliminated a couple years ago for contribution to retirement plans.