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...
https://www.freightwaves.com/news/werner-suspends-401k-match-for-employees-to-cut-costs