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Moves like this should shock no one.
If anyone is shocked by some companies stopping 401k matches, they shouldn't be.
Companies will try to save money in 2009, because the economy is going to further plummet. I won't be shocked by anything I see.
I won't be complaining either. If our household has income from a job, I will consider ourselves fortunate.
Last year, at about this time, my husband rec'd a bonus of several thousand dollars. This year, we got a fleece blanket. Everyone in the company did...even the CFO. We love that fleece blanket and we thank our lucky stars for it--because it means we're still employed. It's also inspired a lot of jokes about my husband official being Clark Griswold...and aren't we lucky that his bonus was a fleece blanket and not a "Jelly of the Month Club" membership :)
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