Good luck amigos! Here we go again. Immature communication. None of the ECs will be impacted by this downsizing to save the company.. it will you, us, the little folks who will get the boot.

Woohoo. Hey two grand is two grand. Well there is taxes. And most of it is going into 401K. But there will a little something something left.

Anyone still believe Walt that we are only going to have small scale layoffs of duplicate roles going forward? I for one do not

Especially when it appears as a panicked attempt to influence mkt.

Seriously, the second transition was “over” everything’s been pulled. We’re left out here with record volumes everyday since may of the same clients complaining about the same things we can’t change. It’s wearing me down. But “ohhh yay successful... — read more 

If this doesn't explain it all. We are down 5% pre-market. I just wanted to congratulate all of my peers on another cr-ppy quarter where companies like Bank of America and Morgan Stanly are moving up but we can't figure it out. Time to outsource our... — read more 

https://www.barrons.com/livecoverage/bank-earnings-wells-fargo-jp-morgan-citigroup/card/wells-fargo-is-the-worst-performing-stock-in-the-s-p-500-friday-o8Z1yBdgIaY3uLnwgvyA?mod=livecoverage_timeline

Does anyone know what happened in the Client experience team? In Westlake the director and a few managers got let go.

Move on and get a life, guys!

That town hall today was the biggest circlej--kNot once did they address any issues that plague the overburdened front line since TG5. These people are deluded, and it’s like watching the Titanic sink as the band plays on.

Austin campus was locked down today similar to the last layoff which was the only time it's happened. That is, doors typically open are badge only and security stated it's a temp change.

Charles Schwab client hit by fraud or data leak? Just curious . It single case came to light. There would many without news, is there something going around? Or It was one of those bad luck. https://www.youtube.com/watch?v=fWmfeijoCi8 — read more 

It's July now. I was really hoping to see some of these STS Managing Directors either quit or get laid off by now. Are they waiting for the big D to leave first and get cleaned out with a new CIO? Is it the ICs that are the problem at this point or... — read more 

First Schwab lays off their employees or else extorts them to resign. Now some are lying to clients to tell them that their advisors retired when these advisors (that they laid off or forced terminations on) moved on to a competing firm - in order to... — read more 

Took a couple weeks to learn of a laid off team member. Seriously? We can’t announce those departing? Flag in Teams or WP? It shouldn’t take weeks to figure out that somebody is gone and another needs to take their deliverables. It’s almost as if... — read more 

For all of you who complain about the firm and being laid off how about thinking of others and being a bit thankful that you are not in their shoes!! For example Walt Bettingers salary was cut and for what!!! a small mistake investing cash at sub... — read more 

🚀 Big moves in the finance world! Robinhood is attracting top talent from Charles Schwab and Fidelity to bolster its ranks. Already 20 people in DFW ditched Charlie for Vlad. By bringing on experienced professionals like Steve Quirk from TD... — read more 

It’s been a year since we learned of it…anyone still holding out?

Schwab likes to preach concepts like being a 'Schwamily' but hardly anyone reached out after I was laid off. That made a bad situation feel worse. Reach out to your coworkers and check up on them, it could be you one day.

I heard rumblings of some scandalous information last week that was so outrageous I thought there’s no way this is true. Now I’m not so sure. I have a very good friend that works at EgonZhender and his network is buzzing with this rumor. He said it... — read more 

Nothing like seeing our esteemed "Technology" leaders updating their LinkedIn profiles. I am sure that it has nothing to do with the current toxic situation that they have created. Give all of us a break. Does your resume include key bullet points... — read more 

Any client facing roles impacted? How about in the Lone Tree office

Omaha branch office is a joke. The manager is insecure of his leadership skills and undermine employees he feels threaten by. The ABM has zero sales experience.

Is the stock even worth holding? It seems like an SP500 etf would be a better investment.

You should too. No point in today’s corporate US to stay anywhere too long. Chances of long-term commitment resulting in pay raise, career advancement, skill improvement, better CV, are next to none. So I’m always on the lookout for something better... — read more 

So I’m hearing rumblings of layoffs today. Can anyone confirm?

Today for quite a few campuses they announced that the coffee shop(s) would have reduced hours. Is there a special reason as to why?

Almost half of Dell's full-time US workforce has rejected the company's return-to-office push https://www.businessinsider.com/us-dell-workers-reject-return-to-office-hybrid-work-2024-6 RTO isn’t the d-mbest policy we have. But it’s close enough to... — read more 

A layoff is just a fancy way of saying you no longer bring value to the company for what you are getting paid. All of these employees have stayed stagnant and have not improved their skillset. Look in the mirror.

If I leave Schwab, I have a few personal spreadsheets or documents I’d like to get to my home PC… nothing related to CS. What is the best way to do this without setting off alarms? Or, does this require simply getting permission from the right... — read more 

This video shows what happened in Schwab between march 2023-Jan-2024. even it not related but I have seen that happening. Lucky to jump ship before that https://www.youtube.com/watch?v=WWX7DYh69yg

Why we are keeping the harness team? nor they can complete work. Neither they can onboard a new team. contactor cheap talk without substance. Better just to revamp them, even if the tool is good (some feel so), a team that is trying to... — read more 

What a joke. Got an email today that my July 5th request was cancelled. Reason I got from my manager is because of staffing. She is still taking the full week off, no questions asked. Is there a single leader that is willing to lead by example? Take... — read more 

Charles Schwab exemplifies corporate violence through its failure to provide a living wage for most of its employees. The company subjects its workforce to intense labor demands without adequate support or meaningful solutions to long-term issues... — read more 

No statement from Schwab to clients or even Schwab to employees on all the tech issues, and we get yelled at by these clients who have no communication from anyone. It’s the phone reps who have to bear the brunt of this cr-p. I’m so tired. This is as... — read more 

I don’t think so. You get literally nothing in exchange. Or maybe you’re supposed to wither and die in a workplace so you don’t get fired? Not worth it. I just find it funny that companies where mgmt-worker pay ratio is, lets say, 300:1 and mgmt can... — read more 

On the last day of employment you have insurance benefits for the remainder of that month. I want to give a two weeks notice but if they do not honor my notice then I will miss out on health insurance for the next month. I want to give notice but... — read more 

Surprised no one has said anything about this but why has the schwab test and development regions been down for like weeks now. Our technology leads need to get their heads out of the sand and realize the p-o is fitting the fan yall messed up... — read more 

It feels good to have accepted an offer after spending 8 months out of a job because of Schwab's poor management. I used to love CS pre-pandemic, I felt valued and genuinely enjoyed going to the office and working on the projects. If anything, I... — read more