Why are we paying this b-m to be on our board?
Incompetence wins
The majority of so-called managers at Schwab couldn’t lead their way out of a paper bag. Always quick to throw the team under the bus when their own terrible calls blow up. Feels like working with a bunch of clueless kids, and I’m truly too old for... — read more
Schwab recognized as a winner of the 2025 Gallup Exceptional Workplace Award in Strengths category
Charles Schwab has been recognized as a winner of the 2025 Gallup Exceptional Workplace Award (GEWA) in the Strengths category, acknowledging its focus on employee strengths development and creating a thriving workplace culture. They have it posted... — read more
Layoff.com deleting many threads
Not sure why...
So many useless Managers, MDs and Directors in STS who don't know anything.
Why do we have So many useless Managers, MDs and Directors in STS who don't know anything. They are not Problem Solvers, Absolute Zero Programming or any Coding Skills for that matter. Their People Skills are on the Negative Scale. Why are they here... — read more
STL “Org Changes”
We’ve been told there are “org changes” underway today that primarily affect CS&S Core pros in St. Louis. Has anyone been notified of these changes? Any ideas on how many folks are impacted by these changes?
Pointless Acquisition
Looking back at this purchase in retrospect. What did Schwab gain in purchasing TD Ameritrade. Seems like a waste TD Advisors still upset with a less intuitive product / Schwab Advisors upset when they get different answers when calling
Job hunting so should I cross Schwab off the list?
Job hunting rn & a friend who just got hired @Schwab said the manager of his hiring manager told him they’re planning to enforce four days a week in-office for everyone starting Jan 1, 2026—no exceptions. I started my career right before COVID &... — read more
Meat grinder with zombie employees low moral
Walt Bettinger and his team of sycophants have been drinking at the trough for years at the expense of employees. Several years ago poor investment by the firm led to severe financial issues. Staff already underpaid were severely affected with 70% of... — read more
Rick plotting
How long until Rick conducts his first round of layoffs? Seems like that’s managements only strategy in a down market
How many jobs were outsourced by Schwab
How many jobs were outsourced by Schwab since COVID. Let's put this together and send it to Trump and DOGE. Instead of creating jobs here Schwab sent most of the jobs offshore. Before COVID onsite job count, offshore job count Current onsite job... — read more
Ethics concerns/conflicts of interest coming?
The end of the CFPB. Lots of other regulators getting cut. How long before we start seeing major conflicts of interest? Starting to wonder where is the ethical line for employees - like what actions would our overlords have to take to make me quit?... — read more
Is SCHW going to 30?
Is SCHW going to 30?
Tableau - STS layoffs
Who runs tableau, specifically myservice? Have they been laid off? Why has the data not updated? Entire departments rely on this information, the fact that we are a call center and pushing to be lean, it’s mind blowing that someone still has a job... — read more
Something's definily up
My manager told me a month ago her manager is moving to Westlake. Today my manager gave her notice. Both of them and me are in Austin. Other colleagues here in Austin and in Phoenix have told me it's because they're closing the office here next year... — read more
What should I expect for a pay raise this year?
Still waiting on my review. just curious what % people received this year
March 7 Attrition
Curious if anyone has heard about personnel in their enterprise that are collecting their bonuses on March 7th and leaving the firm. I overheard of several people today that are leaving after bonuses are paid out. Someone also mentioned that this... — read more
T2 worth it any more?
Been seeing more posting in CS&S around T2 postings lately, curious the culture there. Of the leaders I’ve met it seems like maybe it’s worse than staying on the front line. Is there a way to know for sure the leader you will get, don’t want stuck... — read more
Schwab not recruiting laid off employees?
Schwab not recruiting laid off employees?
Any other good brokerage accounts besides Schwab
Please give me pros and cons. I hear Fidelity automatically gives you a higher yield on your cash compared to Schwab. With Schwab you need to move the cash to a money market fund to get the same. You can take advantage of quick buying opportunities... — read more
A Bit Tired of the "Reverse Discrimination" as Pertains to DEI - Here are Facts
I understand that DEI initiatives can sometimes feel like they prioritize certain groups over others, but that’s actually a myth. It’s important to understand what DEI actually means: • DEI is about expanding opportunities, not excluding anyone. It... — read more
Schwab 2025 and layoffs D
I understand this board is for discussing layoffs but layoffs don’t happen in a silo. A company’s culture and leadership decisions tell you a lot about who makes these calls and why. IMO Schwab’s leadership has shown a pattern of behavior worth... — read more
Heavy recruiting
I’ve recently been bombarded by recruiters reach out about Schwab roles. Came over here and seeing heavy activity on lay-off website. lol What’s the deal?
Another Monday another pointless commute
So glad I get another dose of this toxic culture and get to collaborate with my coworkers who will waste at least two hours of my time talking about the Super Bowl tomorrow instead of working from my home office in peace
Most interesting article out there is the "Peace out" article
Interesting to see how it is being deliberately manipulated wonder who that is
Schwab is like Hospice for your career
Horrible senior management they use people over work them and pay is very low for the industry. From my experience Top management only manages up. Useless make work form over function meetings and projects so middle managers can show their... — read more
Graduating college students read
If you’re graduating from college and think that you will have a great career and finance, if you join this firm, you’re completely mistaken you will become part of the meat grinder. They will work you put your new cube 90% of the time honor your... — read more
Proof RTO was a farce
I was on the call when Walt announced RTO. One of the things he said was that people who were working from home were less productive and “That we have the data right here!” But then failed to present any of that data. Well come to find out that data... — read more
A brief history of publicly available information on Schwabs connection to politics
2012: Political Contributions • Charles R. Schwab donated nearly $9 million to Americans for Job Security, a group opposing President Barack Obama in the 2012 election.  2017: Support for Republican National Committee • Schwab donated the... — read more
Is it time to organize?
This company is so ridiculous. Claiming to be a bank while teaming up with the Con-man in Chief. Taking stupid risks since the regulators won’t look at any more. 94% of donations to Re-pugs. Refusing to invest in people or technology to improve our... — read more
Figured our usual RTO news poster wouldn’t post this one…
Citi is bucking the RTO trend and sticking to 3 days a week in the... — read more
reposting due to obvious manipulation of earlier thread.....Peace out Walt We are so glad to see you go!
Peace out Walt We are so glad to see you go! You robbed the company for hundreds of millions for average stock performance, lost the trust of the workforce, and left the company in a bad position figuring out what to do with the bank. Don’t let the... — read more
Speak, leaders
I know it's just another grift in the Trump scam-o-verse, but TruthFi is unconstitutional. Presidents must not benefit financially from their office, whether the money rolls in from overseas or not. Schwab is playing a key role as custodian in... — read more
Are the Employee Resource Groups hanging in there?
Heard rumors ERGs focused on diversity, equity, and inclusion are being shut down. Now that Schwab has cozied up to Trump, I am concerned employee resource groups focused on women, lgbtq, immigrants, etc are going to be shut down. Any rumors?
W2?
I was laid off in Oct 2023 and have not received my 2024 W2 yet. Does anyone know the status of them for those of us who can’t log into the system anymore to retrieve it? My address hasn’t changed. I’ll call HR if needed I suppose… — read more
What does the bonus look like this year in March 2025 ?
Any insights into the bonus this year ?!
Promotions in 2025
Does anyone know whether promotions are happening in 2025? I remember hearing in the latest town hall something about "the conditions need to be right" for promotions to happen but wasn't sure if I heard right.