AOL is slashing 401K benefits–because of two young women who gave birth to sick babies!
If you don’t believe that headline, read some more in depth: AOL’s chief executive Tim Armstrong made the call on the benefits after the sick kids issue.. Armstrong, who now may have secured his one way ticket to hell, said this:

“We had two AOL-ers that had distressed babies that were born that we paid a million dollars each to make sure those babies were OK in general. And those are the things that add up into our benefits cost. So when we had the final decision about what benefits to cut because of the increased healthcare costs, we made the decision, and I made the decision, to basically change the 401(k) plan”