The recent wave of tech layoffs, along with budget cuts due to inflationary pressures, has put employers and employees on edge as both talent and benefits are sacrificed. For employees who hope to build their families, there may be a fear that fertility benefits could be the next thing to go.
The fear isn’t unfounded: tech giant Twitter, which recently laid off over 5,000 workers, cut its fertility benefit offerings in half, reducing coverage from $80,000 to $40,000, according to emails seen by Insider. And while the popularity of fertility benefits has steadily increased in the last few years, benefits leaders and employees alike may be wondering if this trend will continue.
