Looks like the market finally realized how far behind Schwab is on AI, and thinks it is unrecoverable. If you sold at the peak, congratulations! The market is predicting a 15% depreciation through January next year. Just check the number of... — read more 

I haven't been here long and I'm already questioning whether I made the right move. There's so little work that I've been finding random things just to stay occupied. Which is in itself weird, since judging by this forum, people are generally... — read more 

Are there really no spots in cities like Lone Tree, San Fran, etc.? I might accept an offer but they only listed Austin and Southlake as an option...what about Orlando or any other cities? I might not go through with it if TX is the only available... — read more 

I've been talking to some of the newer hires, and frankly, it's almost disgraceful what they're being paid. My pay is the one thing I have always been satisfied with here, so I feel so bad for them. As an additional note, talk about pay with your... — read more 

Well the Fall layoff has begun!

So it seems Schwab has an issue with new hires and CS&S where other firms are coming in and offering $10-$20,000 signing bonus and scooping these individuals up right after they finish their training, and it’s causing a massive exodus.

Is it not kind of embarrassing that Robinhood was chosen as the trustee/broker of the 530A accounts? Especially, as the reason was that they had a more modern infrastructure.

How is the control on hiring, pay rate and promotions going to be handled? Is that control retained by MDs and Directors onshore? Curious as I came across shady hiring practices where pay was not in onshore leadership control, not even the role... — read more 

I endured 3 years on the core line with many promises of a role switch after my "2 year commitment" in the end it was all just a lie. Oh well. Get your licenses, learn the ropes and get out while you can asap.

Is all the bashing of Schwab and its senior leaders here really warranted? There's a reason why Schwab is consistently ranked a top employer in nearly every city where it has a campus. Because it's a really great place to work. The pay is well above... — read more 

Historically, we see org changes and layoffs in September/October. No one really knows but we are good at reading the signs. Anyone reading anything?

This is getting awful now. More red tape in an AI age Who is tired of how bad this rollout has gone? Product owners have no clue as well as STS leaders. The engineers suffer Together with this plus GCC and stuck in PCF nothing can stop the death of... — read more 

I've been here long enough to know the script. They tell you you're safe to keep you grinding for mediocre pay and benefits. The second they can hire someone cheaper, you're gone. I know because I've seen it happen. Don't believe the hype. This is... — read more 

In January 2026, after I raised concerns about two years of workplace abuse and discrimination, three leaders retaliated against me by falsifying the record and signing a written warning built on a fabricated narrative. For two years, I repeatedly... — read more 

Are H-1B full-time employees being asked to move to Global Capability Centers, and how many contractors are being hired or asked to shift in... — read more 

I’m talking specifically Individual contributor Directors (no direct reports) reporting to Directors (not MD). Even BS “Director in Project Management”. Explain that one. You someone’s kid? Got dirt on someone? Why pay a bloated salary to a director... — read more 

U.S. National Debt (Record Growth) - (Current) $39.9 Trillion (and rising). (Current) $111.0 Billion in Interest (and rising) paid (each year) by U.S. Taxpayers to Investors that finance it (U.S. based, Japan, China; etc.) via U.S. Treasury... — read more 

One of the things Schwab like to bring forward is the unique "Schwamily" concept. I.e., that everyone is like a big family, and care for each other. I would like to know if someone actually experienced that? After working for Schwab for more than... — read more 

I'm not sure why, but remote jobs have started popping up in my feed again, and not bad ones. I'm tempted to start applying, if I can get the courage. The devil I know still seems better than the devil I don't, but I miss WFH so much that it could... — read more 

Her manager asking my friend to move to office to get promotion. She is currently remote. does it worth relocation?

I’ve recently been offered a corporate position in a software development role that pays more than other offers I’ve received. I’m a US citizen, and I’d have to relocate to Jersey City for the role. Is it worth relocating to a more expensive city... — read more 

How does Schwab handle an employee who wishes to take their sabbatical, then retire? Does the employee have to return to work after the sabbatical for a certain period of time? Or can the employee simply retire after getting paid for the sabbatical? ... — read more 

I’m a relatively new hire in a TX branch. One of the buildings is completely Indian, my team is completely Indian, most floors are mostly Indian except for business. How is this possible when they’re 10% of the population? Something smells off here…

I been voluntold that I'm the engagement chair for my team. I hate this stuff. I just wanna do my job and go home not get involved in all this stupid stuff.

It’s absolutely ridiculous that the phone queues have had a red alert almost daily for months now. Send another email about how we are the best place to work based off bogus surveys and more emails about record breaking profits while merit increase... — read more 

I have been with Schwab for 6 years, and still do not understand why people think that they are nice to each other? There is not a day that goes by without people being rude, not doing what they promised, or just ignoring emails.

If you're considering a job at Schwab, run far away. The hustle culture is back, my toxic manager is even more toxic. He's retaliating against me for moving teams, spreading rumors about my work ethic. He's been reported to HR repeatedly and he's... — read more 

Charles Schwab sits on a mountain of cash and still can’t be bothered to pay its frontline people a living wage. CEO Rick Wurster talked about raising salaries because the cost of living keeps climbing… then quietly didn’t follow through this year... — read more 

Have an offer with schwab in the technology division and had couple of questions. Does schwab do performance reviews mid-year, end-of-year, or both? Also, if there are layoffs, how does severance usually work? And if someone were let go for low... — read more 

recently got a very toxic manager—an Indian guy. He has serious trust issues and creates a highly toxic work environment. I’ve had Exceeds Expectations ratings for the last five years. Should I continue here or start looking for opportunities... — read more 

I stay because the health insurance covers my kid's therapy and the commute is only 20 minutes. My manager is clueless, but my three teammates are sharp and we cover for each other. Why would I start over somewhere else that'd probably have the... — read more 

I am a relatively new Director and was recently talking to someone quite high up in STS who has been here more than a decade. He said that the good leaders use Schwab as a stepping stone to get their next big external gig. His view was that they... — read more 

Very new to Schwab. Seems to be a standard phrase that executives use a lot. Sounds pretty phony when they all say exactly the same thing. Is this a mandate from HR, or what? Never heard anyone thank anyone with their own words.

It looks like Schwab is only hiring PMs close to retirement. Younger PMs are forced into becoming RTEs or Scrum Masters, and/or not being promoted. What's up? Leadership continues to say here will always be a need for PMs, but that the actions do... — read more 

I've been thinking about whether staying here long-term is even realistic anymore. Everywhere I look, people are just going through the motions until they find a way out. New people, old people, it doesn't really matter. The consensus seems to be... — read more 

Rumors roaring about September layoffs… Leadership wants you to keep doing your job like nothing is happening.

Our group seems to have a huge amount of money suddenly available and needing to be spent by EOY. Like… 100x what we spent on our most recent software implementation. Meanwhile other groups are still getting the “penny pinching” message I have heard... — read more