Topics regarding layoffs at Charles Schwab Corp.

Topics regarding layoffs at Charles Schwab Corp.

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 

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| 980 views | | 8 replies (last September 28, 2024)
Post ID: @OP+1uGE113m

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

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| 750 views | | 7 replies (last September 26, 2024)
Post ID: @OP+1uGUoJgy

Another law suit

https://www.thinkadvisor.com/2024/09/12/lawsuit-schwab-let-scammers-drain-life-savings-of-91-year-old-customer/?amp=1

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| 472 views | | no replies yet
Post ID: @OP+1uGLVQuT

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 

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| 1160 views | | 5 replies (last September 26, 2024)
Post ID: @OP+1uFV6RxL

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 

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| 990 views | | 4 replies (last October 14, 2024)
Post ID: @OP+1uFDwinT

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.

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| 1320 views | | 9 replies (last September 26, 2024)
Post ID: @OP+1uCbBsDZ

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?

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| 1680 views | | 11 replies (last September 28, 2024)
Post ID: @OP+1uB0kukx

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.

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| 1330 views | | 7 replies (last September 24, 2024)
Post ID: @OP+1uA1Pp3S

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?

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| 1580 views | | 9 replies (last September 22, 2024)
Post ID: @OP+1uAOrFkf

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 

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| 5410 views | | 36 replies (last September 17, 2024)
Post ID: @OP+1utvEC2a

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 

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| 1750 views | | 16 replies (last September 13, 2024)
Post ID: @OP+1uqnAbDQ

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 

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| 850 views | | 2 replies (last September 6, 2024)
Post ID: @OP+1un2OzXB

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.

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| 1440 views | | 9 replies (last September 10, 2024)
Post ID: @OP+1ugp4cPT

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 

Stock Price

Can you at least get the stock price up so we can cash out. Those of us who received key contributor stock awards for being great employees and then were laid off for who knows what reason could really use it right now! Jobs are scarce 100+... — read more 

What a year

Lay offs transitions, RTO, tech issues, overworked frontline. Now it seems that we cannot take vacation in the month of December which has not been the case in the past. Probably because Schwab is too cheap and will not hire more frontline... — read more 

Higher paying roles

I’m looking for a higher paying individual contributor role at Schwab in back office/operations. I currently make ~$60k. Are there any six figure individual contributor roles in back office/operations? I am also open to non-operations job. If you are... — read more 

Morale amongst phone reps

I work in a position where I rely on the phone reps quite a bit. 5 years ago, you’d call some specialist department and get in depth knowledge beyond what they were paid Now you call, most of the time the rep is audibly pi---d off and you feel they... — read more 

Schwab establishing office in Hyderabad India.

More local jobs will be lost.https://www.thehindu.com/news/national/telangana/leading-financial-services-firm-charles-schwab-choses-hyderabad-as-prospective-location-for-its-first-tdc-in-india/article68500046.ece

The layoffs everybody keeps mentioning

I keep reading in various threads about coming layoffs but there's no concrete info on when it might happen or what will be hit. I'm stressing over it and I don't even know if it's true. Is there a round coming or are people just speculating on what... — read more 

EC Negativity

I don’t like the negativity towards the EC. They all have families too and are doing their job to provide.

Nice try Schwab HR

So I assume everyone that was laid off in Oct got this Glint survey request in the mail? PFT, do they really expect anyone to complete one more glint survey 9 months after you showed us the door? My only comment would be thanks for the severance!... — read more 

So happy to be somewhere else

Landed a gig outside of finance and couldn't be happier. It is amazing how toxic Schwab was. Not every place is like that. Get out as soon as you can. The downward spiral will continue.

Cracking down on RTO

Metrics on badge swipes and timesheets are starting to trickle down to the managers. Curious on what actions they’re going to take on employees who refuse to comply. People say RTO su-ks and is inefficient and etc, but we have many who follow it... — read more 

Sabbatical

Would I be eligible for rehire if I put my notice in after my sabbatical? Anyone have experience with this? I may want to do a schwaberang.

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