Leadership has decided to reduce or eliminate all of the great benefits for profit reasons. 1) eliminated $2500 childcare reimbursement 2) Changed profit sharing from equal dollar amount for every employee to 3.5% of salary in a profitable year. This was a huge bonus for production employees but now vastly less. 3) Mandated 10 hour workdays plus weekends with no PTO when production does not meet targets. 4) Replaced the annual holiday party with a box of chocolates or blanket or box of fruit. Limit one per employee. Not even close to the equivalent value of the holiday party where a spouse is invited for free. 5) Annual increases of health insurance premiums for employees while executives can get 100% raises. Some companies that don't mind absorbing some costs but even $0.50 increases are passed on to employees.
6) Talented people are often laid off to cut costs or if they openly disagree with management.
7) Employer HSA contribution was even changed to be distributed quarterly instead of lump sum in January to reduce Q1 expenses