Deloitte and Zoom are cutting parental leave. Here’s why

Zoom, the video-conferencing firm, has slashed parental leave; birthing parents will get 18 weeks, down from 22 to 24, and non-birthing parents will get 10 weeks, down from 16. Deloitte is also reportedly planning to do the same for select groups of workers starting next January. But why are companies choosing to slash their employee benefits? Blame the sluggish US job market, along with AI advances