re: Exxon\Mobil Suspending Employer 401K Match

One of the differences is that in general, bonuses are considered a portion of variable pay thus it is expected for bonuses to decline during poor economic times. 401K match is generally not considered part of the variable portion of the total compensation. It still makes sense during these very abnormal times to re-evaluate all businesses costs. I would feel a lot better with losing 401k match during a COVID impacted economy versus normal business cycles or due to poor decisions by the company management.