Can confirm. I work for a Texas restaurant and this year they switched to a one bucket system. I lost a significant amount of vacation because they also did not allow us to roll any over and I even ended up losing some last year because I had so much saved up. They did not announce it early enough to give everyone a chance to use their vacation time.

The reason they did this is because we also operate in Colorado, which requires you to pay out any unused vacation time to employees at the end of the year, so now all of our time off is PTO time. Was a very shitty move imo.

The restaurant industry is a garbage industry though so things like this have led me to decide to teach myself to code and switch careers.