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
Everyone knows the RTO truth
https://youtu.be/asPhjCyZGB4?si=Z9AOpqetgj_plPqy
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
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
Remember when Schwab actually cared about its people?
We need to get back to that. Putting employees first, rewarding real performance instead of playing favorites, and shutting down workplace bullying for good. The old values (trust, integrity, actually giving a damn) are what made this place... — read more
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.
Any update on the Chicago Office?
Has there been any news regarding the Chicago office?
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
Silent layoffs
Are those still happening?
RTO4 & FT Remote crackdown in 2025
Ricky made it glaringly obvious again what is happening Jan 1
Offshore captive - Even Donald thinks it’s a bad idea
With the current administration, why would Schwab follow the herd? You’re already years behind. You’ve fallen into a unique differentiator, a US based company with a US based IT shop. Sure, you can save some money, but the thing that makes you... — read more
US Citizen Laid off Oct 2023 can't find a job!
US Citizen Laid off Oct 2023 can't find a job! What should I do.
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
When is the next mass layoff ? Any News ?
Given the market turmoil and a possible looming recession when will the next big layoff be at Schwab ?
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?
Schwab long bond issues resurface!
Schwab long bond issues resurface!
Understanding Schwab’s Vendor-Based H-1B Hiring Strategy
I’ve observed that Charles Schwab appears to be engaging a significant number of H-1B professionals through third-party vendors rather than hiring directly as full-time employees. As a prospective or current FTE, I’m curious about the strategic... — read more
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
Schwab was lounging in the rose garden yesterday
Schwab was lounging in the rose garden yesterday and getting praises from Trump.
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.
I wish Schw to go to 30
To Management, I wish Schw to go to 30. From a laidoff employee.
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
What do you think of the meeting/collaboration at Schwab?
Trying to see if it’s just our team or the culture.