I hear managers are making cases for few folks, but will they be approved? They have been on hold since more than an year now.

Overworked ,underpaid and lied to by my manager. I feel sorry for our clients, employee morale is at lowest I personally have ever seen it, this includes layoffs during tech bubble/ 9/11 and 2008 recession. Rto is one thing, but the lies and smug... — read more 

Does anyone else feel misled about the Employee Advisory Council and its purpose? Rick keeps repeating they want to give context for decisions made by the EC... our initial impression was that EAC would have some sort of input on decisions. Also... — read more 

Anyone hear anything about layoffs this year? On the tech side they are wrapping up the transition of TD.

So I got a call this week that both my wealth advisor and my local branch rep were no longer with the company. Both let go. I was assigned a new local guy (very young) and a wealth advisor (really young) who has only 5 years in the business and only... — read more 

Can anyone help me understand in layman's terms how we're evaluating the "poor performance" of the company or the need for more layoffs? I believe we're doing poorly, but I don't understand why and the EC seems more apt to protect themselves/avoid... — read more 

Hi - Was anyone else denied unemployment until after the severance end date? Example : Last Day : Jan 1st Business Days of Severance : 60 So they've been denied until one week and 60 business days?

Probably better investments out there. The dividends are not great and I don’t have faith in the company in terms of growth.

I'm more than open to taking on more tasks, especially considering my current situation. I can't risk losing my job due to medical reasons, so I'm not thrilled but willing to put in extra effort. However, it becomes frustrating when I'm given... — read more 

Manager just made the announcement yesterday that all off shore and contractors are going to be in office 5 days a week with no exceptions. Anyone else heard this news as well? This could be a sign that full time RTO is around the corner.

I thought it would be in Q1. When do you guys think the next big wave of change will take place?

Is it just me, or is mgmt being even more toxic, passive aggressive, and micromanaging lately? It’s almost like every week something new gets announced with another way for them to tighten the grip on us. Is it just my dept or everyone else too? — read more 

Blue side, PL, decent tenure. Received 1.9% raise for 2024. Met expectations. Should one take this as a signal that they're not wanted here and move on? Generally have a strong relationship with manager. Shocked by low raise compared to peers... — read more 

For those who were laid off. I learned you may want to move your 401k to an IRA in case you have to tap into it at some point. You won’t have to withdraw the whole thing like you would your 401k. You sill have all of the penalties. You have to... — read more 

What do they do?? Esp some of the product/marketing directors with 2 direct reports

Could you have imagined we'd be where we are right now just a few years ago? I couldn't. I loved my job. I'm not exaggerating, I literally loved my job. And today all I can think about is how to get away. It makes me sad how easy it was for those... — read more 

Just submitted the paperwork and it’s a relief. Bonus and bail. I’ll miss some folks a lot but this has been needed for a long time.

It's been long enough since the last layoff to know how much it impacted your workload. Our team only lost one person so it hasn't been too bad, but I know teams that have been halved that are now really struggling to keep up with work. What's the... — read more 

There have been a number of posts here about layoff struggles and hundreds of applications. As someone who has been through layoffs and on both sides, please step back. Everyone laid off has had pay until this month. Every single one. Two months... — read more 

I was a high performer. I’m writing this to let those of you who make the decision to lay someone off at any company know how your actions impact lives because many of you are privileged and have never been laid off. I honestly don’t believe most... — read more 

I’m sitting in my car crying. I never thought I’d carry the grief I do for a company. Maybe it’s just because of the sh*t storm I’m currently in. We had each-others backs at TD. If there was a single goal we all had in common it was resolution. We’d... — read more 

Besides the obvious executive team... S.A.T. self-centered, narcissistic, very unqualified for role F. Agile wizard of nothing

8 stars for Walt and 67% would recommend Schwab to a friend. If I was looking for a job and saw this rating, I would likely be applying for roles.

Laid off in Oct. Just landed a Sr. SWE role at a FAANG and with RSU’s just 3x what Schwab was paying and I only have to go in once a month or once a quarter for team building. I have little kids and a sick parent and this means I can get home based... — read more 

Will laid off employees get a bonus tomorrow or was it already part of the severance package?

From an MD regarding Engagement Survey Results: No one in upper management cares, there is no pressure or drive to improve scores. Scores were expected to drop after the RIF event and stay low for a few quarters. For low scorers, no one is getting... — read more 

We were told in a meeting that productivity is low on WFH days (Tuesday/Friday) … unless it improves then WFH will go away .. we asked if it was our team.. and why wouldn’t they just remove it from those underperforming reps .. Response our teams... — read more 

I was part of the layoff last October from tech. I just landed a new role that is a promotion and higher pay, also remote and flexible, but in an industry that isn’t doing great- auto. It’s more of a stop gap I think, but it’s a solid opportunity... — read more 

Middle managers are getting the short end of the stick as they face increased pressure from companies carrying out layoffs and return-to-office mandates, and their confidence levels have hit new lows as a result, Glassdoor's Employee Confidence... — read more 

Inflation rate is predicted to be 2.3% in 2024.

Some great people quit, one even ahead of bonuses, because they hate RTO. But I haven’t seen anyone who just didn’t show up and kept working from home get in trouble…

Anyone else notice a HUGE shift in the job market in the last 7-10 days? I received zero contacts from applications I submitted in the 4 weeks prior to last week. Then 4 interview requests came in 2/28 - today… Is it just that companies are finally... — read more 

Did anyone else attend the CSS AMM where they spent half hour on “rumors,” about the EC? The approach was completely classless, to the point I was shocked. Why are they not focusing on the day to day challenges? Whose ego in the EC got hurt and... — read more 

Ok I’m laying this all out because the site is anonymous- I got an exceeds and got 100% of my target bonus. This company is treating everyone too disparately and EC/Senior Leadership for some reason is he-l bent on making everyone feel unhappy to... — read more 

So how many are quitting ?!

If on the business side, you may want to seek out “Brokers swipe back at Morgan Stanley in recruiting dispute” by Dan Shaw in FinancialPlanning from earlier this month. Short version is SCH going after $3M plus from two former brokers and... — read more 

Wondering what everyone else got this year. Bonus was funded at 72% Merit increase was 2% Last year was only 'Met Expectations' and merit was 2% This year was 'Exceeded Expectations' and still only 2% Regardless of expectations you get the same... — read more 

I was never one to complain about RTO as I wanted to focus more on career development and building my skills. I'm still in my 20s and have no family. But now that we've been back for a few months I just can't wrap my head around why they need to... — read more 

I'm seeing a lot of people posting about how they got letters/emails regarding bonus payouts. I have received nothing, curious to know if it's state/location or operational area specific. Any insights appreciated.