Werner Suspends 401(k) Match for Employees to Cut Costs
Truckload carrier Werner Enterprises, coming off a first quarter in which it posted an operating loss, has suspended its 401(k) matching program for employees.
A Werner (NASDAQ: WERN) spokeswoman confirmed the validity of a screenshot circulating online that announced the suspension of the matching program. She added that the suspension is considered “temporary.”
“As part of our previously communicated $40 million cost savings initiative for 2025, Werner is taking intentional steps to streamline operations and position the company for long-term growth,” the...
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