Exxon to suspend company match to employee retirement plans in Oct – sources

Exxon to suspend company match to employee retirement plans in Oct - sourcesExxon Mobil Corp told employees it would begin suspending the employer match to retirement savings plans beginning in early October, said sources who received a message from the company on Tuesday. “The company intends to suspend the company match contribution to the U.S. Exxon Mobil Savings Plan for all employees covered by the Savings Plan, effective around Oct. 1, 2020.”

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