employee benefits

AOL CEO Regrets Blaming Benefits Change On “Distressed Babies,” Reverses Unpopular Move

AOL CEO Regrets Blaming Benefits Change On “Distressed Babies,” Reverses Unpopular Move

Late last week AOL’s CEO Tim Armstrong announced that the company would be delaying company contributions to employee retirement accounts. That was enough to make workers grumble already, but then he added that the shift was partly due to two specific employees who had “distressed babies.” That didn’t go over so well, and the company has now reversed the benefits shift. [More]