AOL chief reverses on 401(k) policy amid "distressed babies" backlash

328 views · Published 10 February 2014 · 1:33 · Indexed 5 October 2026

Channel: CBS Evening News · 2014 · News & Politics

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AOL chief Tim Armstrong restored the company's previous 401(k) match policy after setting off a firestorm when he linked the cut in the match to the cost of two employees who had given birth to what he called, "distressed babies." Jill Schlesinger reports.

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