@rp
Yes, that’s exactly what they do. You first deplete your now effectively meaningless hours then go to unlimited PTO. But if you had taken those hours already you’d still transition to unlimited. The hours are irrelevant,
Why should you care?
Picture two people. Bob and Joe.
Bob has saved 200 hours and is transitioned to unlimited pto on January first. When he takes PTO the horse will be deducted from his bank until they’re depleted. So, technically he still uses them.
Joe enjoyed his 200 hours before January first. This hasn’t cost him anything because he starts on unlimited PTO on January first anyway.
Bob realizes he should have not saved up the time and should have just enjoyed it.
Look, we all realize what this is: a na--d attempt to remove a liability from the books.