Deloitte and Zoom reduce paid parental leave benefits amid stagnant US labor market
Updated
Updated · The Guardian · Apr 28
Deloitte and Zoom reduce paid parental leave benefits amid stagnant US labor market
9 articles · Updated · The Guardian · Apr 28
Deloitte will halve parental leave for 'Center' employees from 16 to 8 weeks and end a $50,000 adoption reimbursement, while Zoom cuts birthing parent leave to 18 weeks and non-birthing to 10.
Experts say these reductions reflect weakened worker leverage as US job growth stalls, but warn such cuts may harm employee morale, productivity, and long-term company loyalty despite short-term cost savings.
The US remains the only developed country without guaranteed paid parental leave, though some states and federal workers have coverage; advocates argue robust policies yield significant health and economic benefits.
With corporate benefits shrinking, will the US ever catch up to global paid leave standards?
Are companies trading long-term employee loyalty for short-term savings by cutting parental leave?
Do cuts to parental and fertility benefits disproportionately set back women's careers?
As top firms slash family benefits, is the era of generous corporate perks officially over?
In a 'job seeker recession,' have American workers lost all their leverage for better benefits?