Topics regarding layoffs at Charles Schwab Corp.

Topics regarding layoffs at Charles Schwab Corp.

Schwab Abusing the H1B System?

Is Schwab still preferring H1B candidates over citizens? Trying to call them out about their abuse. Why isn't the government dealing with this side of immigration that affects the middle class more?

Best way to resign?

Title - not sure if I should give two weeks or what the best procedure is to dip

Stop replying all to entire company

Oh, the dreaded "reply all" to the entire org distribution list! Is there anything more universally groan-inducing at schwab? It’s like a digital plague spreading through inboxes with unchecked abandon. Suddenly, your inbox is flooded with a cascade... — read more 

Schwab Buyout Packages?

Someone I know left the company just before the major layoffs, having requested and received a buyout. He spent the summer with his children and later secured another job in the fall. I haven’t been able to find much information about these buyout... — read more 

Rolling layoffs, fear, exhaustion

It's odd that nobody has posted about the rolling layoffs that have hit various orgs in the past two weeks. Are people just scared? The job market is fried. Everyone is terrified of speaking up because it might mean it's their head on the chopping... — read more 

Should there be an upward feedback?

Glint survey is terrible. Other organizations have upward feedback where team reports could provide comments above their manager anonymously. This factored into manager year end performance.Why doesn't schwab has one?

What happened to Schwab???

I left seven years ago on good terms. A month ago, I got an offer and was happy to accept, especially since my last job had problems I was glad to leave behind. But coming back feels like joining a completely different company. I’m still in shock and... — read more 

Servant Leadership

Walt is trying to say that he and his executive council were "Servant Leadership". How did they serve us? By laying us off, cutting our benefits, and giving themselves raises. He is completely out of touch with reality and we need to let him know his... — read more 

Trust

Just like Walt use to say, trust takes time to build and can be broken in an instant…great job Schwab leadership-you have succeeded to take that instant every chance you get.

Micro manager

May God give strength to all tech folks whose micro manager checks the stories and even the story points.

New RTO guidance?

I’m hearing from multiple people including my people leader(s) and others that they’ve updated RTO to be that you have to be in office minimum of 6.5 hours in order for that day to count that you were in office. Not sure if anyone else heard this. — read more 

RTMO

We don’t have RTO. We have Return To Many Offices. Few have their entire team in the same city. Same floor or even building for everyone is near fantasy. If the reason to come in is team collab, then move us together. And since we could never get... — read more 

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| 2190 views | | 9 replies (last June 12, 2025)
Post ID: @OP+1jvftmf2y

Austin office closure

Anyone hear any updates on Austin office closure? If and when it does, will Austin folks be permanent RTO or will we be forced and mandated RTO to Westlake office? That would be terrible.

RTO4

As soon as they announce RTO 4 I'm quitting. I've had enough of the EC pushing us around. I'll take my talent elsewhere

The hidden glint

How come the glint survey results always leave out the results of one question? They never show the results of the executive council question. What are they hiding??? Probably had the lowest score and they are too embarrassed to publish it

Cbo

We were told we would have a new manager, they laid off our last one a while ago. They provided a date the new one starts but not who...I just found a CBO for our shift/location to be a team leader...I don't upper management is being truthful.

Time to fight RTO

Little by little they are taking away our freedoms and benefits. This stops now!!!

Rick refuses to answer employee questions again

Rick refuses to answer most question directly. There were numerous questions he completely danced around and avoided answering during the corporate update despite saying "Ask me the hard questions". On one hand, he's a master at this. On the other... — read more 

What can I do

Not going to say which group but I have a manager whom I and my whole team loves. NEVER had a better manager in my life, noticing tho that they are having subtle differences between now and when they first started with our group. I first started... — read more 

T2 no longer a sought after spot

Curious if I’m the only one whom thinks this but T2 in CS&S is just going down hill, I keep hearing over and over the negativity and downright pompous attitude from managers whom teach it to their people. It starts at the director level and we see... — read more 

Just wondering

Will Chuck disavow, or his granddaughter resign, the administration now that we have Signal2 and constant demands on the Fed? Of course not. But I’m not sure what it would take if not this.

Who's volunteering?

Seriously - this is supposed to be a great benefit but when is their time for this?

Chuck at White House

Anyone else think the recent reddit post about Chuck at the WH is a marketing blunder? Trump crowing about how Chuck made $2.5B during recent market rally makes the company look shady. Trust lost in a moment?

Does Schwab have a compliance department?

I’m confused—how is what happened in the Oval Office today not considered insider trading? Trump openly bragged about making Charles Schwab $2 billion richer, while Chuck stood there taking it all in. If that’s not a red flag for market manipulation... — read more 

Tariffs

The price of everything, other than oil, corn, and soybeans, will cost an additional 10 percent after Liberation Day. Stuff from China will now be more than double its pre-Lib price. I'm expecting a 10% staff reduction right around June 30. I plan... — read more 

Charles Schwab

Does Mr. Schwab ever swing by some of the Southern Florida offices occasionally. I'm curious his opinion about how his company is operating and Trump Tariff F-u-ckups.

TDA bonus percentages ARE higher

Surfacing a sub-discussion from another thread… yes, in general, the TDA folks get a higher bonus percent. Happy to hear whatever you are willing to share, but I am a Sr Manager (non-PL) who gets 20% - my understanding is that is a Schwab director... — read more 

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