Managers are the ones who have been resistant to change from the start and who wanted RTO as soon as possible. They are the ones who are more concerned with appearances than they are with productivity. They are more focused on control than... — read more
RTO 5 Days in January
So, the 5-day RTO is coming back soon, and after a recent meeting I was in, it feels like there's more going on behind the scenes than they're letting on. The messaging about "collaboration" and "culture" feels like smoke and mirrors. The real... — read more
Future of Mainframe/ Legacy System Technology
Hey there, I heard a rumor that Schwab is considering using AI in their migration of Mainframe / Legacy using AI . Does anyone have any insights or confirmation on this? I'm curious to know more about how they plan to leverage AI in this... — read more
Schwab is a black abyss
Is Schwab intentionally trying to make life miserable for its employees by withholding previously offered incentives and consistently pushing us to do more with fewer resources? The current leadership seems detached from the needs of the workforce... — read more
Feeling hopeful
I think yesterday’s Town Hall was great and enjoyed their interactions. Walt has shared some humbling experiences and I admire him for his vulnerability. Rick seems like he does care but his communication people should really work with him on his... — read more
Hand gestures
I can’t listen to anything Rick says, all I can think about is how he holds his hands together like a evil villain
Share your RTO experience!
Most of us are back in the office now. Share your experience so far, good or bad. Perhaps we can find camaraderie!
Orders RTO then bounces
I like how Walt implemented RTO while he never returned to our headquarters (where our CEO should be located) and now after making all of us come back and be miserable he is now leaving. Typical boomer move
Voluntary layoffs
Any chance Schwab will offer voluntary separation to older employees? I've been here for 17 years and I'd be more than happy to accept a decent package. If they want to get rid of more people, this would be the best way to do it, in my opinion. Let... — read more
McKinsey
The old Schwab we loved and knew is dead. We let a wolf into the hen house https://m.youtube.com/watch?v=K1cJqB0X_BA&pp=ygUOTWNraW5zZXkgd2VpcmQ%3D
Congrats to McKinsey & Co. on becoming our next CEO.
More cost cutting to come. And monetization at any cost - ie short cuts and a lot of risk.
Notice for RTO?
If RTO-5 is possible, how much notice would we get? How much notice was there for RTO 3, and would it be the same? Are they obligated to give notice period ahead of layoffs? There's a lot of speculation. Do we knew when we would know anything about... — read more
RTO Mandatory Coming Soon!!!!
Not what a lot of you want to hear, but it’s coming back. I’m close with the facilities team at my location and they’ve been instructed to prepare for the RTO to at least 4 but probably 5 days a week. From what I’m hearing it would have already... — read more
Omaha branch
The Omaha BM is by far the worst manager of Schwab branches.
Most System Issues Fixed Except Account History Still Lags - Client Here.
Most System Issues Fixed Except Account History Still Lags - Client Here. Apparently word made it somewhere high up at Schwab. Please fix the remaining Account History lagging issue. Thank you - Client.
How many times can we have phone issues ?
It’s absolutely baffling how a massive corporation like Schwab, with all the resources and capital at its disposal, can’t seem to fix a basic phone system. How many millions—or even billions—do they make each quarter, and yet they can’t get their act... — read more
Tech issues
Phones reps are fed up with the tech issues. Are we having one a week now or what?? In tried of having to do more work all the time because of techs sc--w ups. We have to deal with the angry clients while they just sit back on zoom calls
Another law suit
https://www.thinkadvisor.com/2024/09/12/lawsuit-schwab-let-scammers-drain-life-savings-of-91-year-old-customer/?amp=1
Over It
I used to really care about my job. I took pride in doing my best and didn’t dread going into work every day. Last year, I was super anxious about layoffs, pi---d about RTO/the way it was handled, but still found myself excelling at work. I still... — read more
If you're unsure about quitting
Before I started job hunting, I asked myself one simple question: without the relatively new fear of layoffs, would I be happy here? For me, the answer was "no" and I knew what I needed to do. I think that's what people on the fence about leaving... — read more
So many now hate their jobs here
Do you know anybody who still likes working at Schwab?
Is tech leadership still in place?
I haven't been on this board for some time, is the menace and noodles still making decisions in tech? God help you all if they are.
Is Dry Promotion becoming reality ?
Just looking around seeing things which I used to see come trend in offshore contractors. Is Dry Promotion becoming reality in todays cooperate America?
Pro Day Cynicism...
I enjoy spending a day on my own professional development when I experience job changes, reorgs, etc without even a discussion on my own personal career aspirations, interests, goals.
Since Fed have cut the Rates?
What would happen next? No Layoff? More Layoff? everything remain the same? Outsourcing increases even more on tech side? More money coming on business side?
Amazon just announced mandatory 5-day RTO. Schwab next?
https://www.cnbc.com/2024/09/16/amazon-jassy-tells-employees-to-return-to-office-five-days-a-week.html
Q4 Layoffs
Starting to hear water cooler talk that the lists are being aggregated as we speak. For those impacted I hope that's in November and they are bonus eligible. Not clear on size. I'm guessing it would be enough to stay under the public... — read more
Can we go back in time?
What are the chances of resurrecting the company culture where employees matter? I used to love my job. Maybe some of you will not agree, but to me, this was a great place to work for. It's the last several years that things have gone to he-l. The... — read more
Tech :- Charles Schwab Adopts PostgreSQL (With VMware Tanzu)?
From NO-SQL , Back to SQL. does not mean we will remain the same? Problem is not tech, problem is Same team doing same work on same system for decade they needed to be slowly replaced or moved out Schwab Do not allow any old team member... — read more
Wichita Falls…
What happened with Wichita Falls
Ann Arbor… What happened with Ann Arbor
What happened with Ann Arbor
Colorado Springs…
What happened with Colorado Springs
211 is safe... 🙄
Current lease 2028. And rather than use the committed space? Look for tenants in a down market! Genius!! Who needs layoffs with such business acumen? Blackstone Closes Loan Extension On San Francisco's Schwab Building After Defaulting Blackstone... — read more
4 days work from office coming - starting Jan-2025
4 days work from office - starting Jan-2025 Mon-Thu
Investors Sue Charles Schwab Over Low-Paying Cash-Sweep Accounts
https://www.barrons.com/advisor/articles/investors-sue-charles-schwab-cash-sweep-f39e4151?siteid=yhoof2
Why be are keeping service and contractor in Harness Next gen?
Question is simple , but any insists by Harness Next Gen team? Service are worthless team they have only one goal in life Get PR by hook or crook, service company should be punished for sponsoring such non-tech people in tech industry.
Was there a layoff today?
There was ac management shift in STS today. Was this a mini layoff?
Is any executive ever held accountable?
With 3 major outages for long durations, has anyone running their infrastructure been held accountable? Outages that miss the open our last for hours is unacceptable. You waste ridiculous amounts of money with redundancy after redundancy after... — read more