ZEELAND, MI – Office furniture manufacturer Herman Miller Inc. said it will temporarily reduce hours and pay by 10% for most of its salaried U.S. employees by closing more of its facilities every other Friday beginning March 13, according to Forbes.com.
Herman Miller also said it will temporarily suspend its matching contribution to employee 401(k) plans beginning Monday. The company said it plans to resume normal hours and reinstate the matching 401(k) contributions when business conditions permit.
Herman Miller also said it will temporarily suspend its matching contribution to employee 401(k) plans beginning Monday. The company said it plans to resume normal hours and reinstate the matching 401(k) contributions when business conditions permit.
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