I saw the announcement of a high level MD "leaving" coupled with the # of fte employees reporting to Walt dropping 500 overnight

I had heard, around the time of the last series of layoffs, that there will be another round in 2024. Has any information started disseminating about it yet? Do you know which sectors / jobs will be targeted this time? Honestly, I think this... — read more 

I tried in ADP and it says the profile is managed by Schwab and they have user if and password, so how to get W2

2023 layoffs will continue to affect employee morale in 2024, economist says 2023 was a year of layoffs. Over 305,000 U.S. workers were laid off over the year in a series of mass layoffs that started most notably with tech companies, but then... — read more 

Thread to vent about RTO nonsense.

Have you guys used the LHH services? I submitted my resume as a dev there but they seem to be yet another job board with the same job postings as on Indeed. They claim to have access to some private network of managers or something but I haven't seen... — read more 

Every time I take even more than 10 seconds to think about it I just get angry. Walt made some comment in a town hall that they internally have the data that shows "we" are more productive in the office, but of course didn't share these... — read more 

I chose NOT to go in. Anyone else? Those who did, how was it?

Anxiety levels are through the roof… can’t believe this is really happening :(

Is it too late to get reimbursed for the desk I bought for work from home? I also had to get a pretty long Ethernet cable.

What a horrible week. Tech issues even after being overworked already. On top of that we have to know two trading systems and platforms. F leadership and Walt

Will there be any Charles Schwab layoffs? Any chatter, news or rumors?

My wife recently had a new baby who has unfortunately struggled with medical issues, my previous attempt at a WFH exception was shot down immediately without a second thought. I now have doctor's notes, other medical documentation, etc. recommending... — read more 

Termination date set to January 5th, I believe our January 5th paycheck is a full paycheck as it covers time period of up to December 29th, then the lump sum, Floating and PTO pay on January 18th paycheck, am I correct about this calculation?

I could deal with layoffs if the leadership cut the fat where it is actually occurring instead of laying off key people from crucial roles in an attempt to boost profitability. The first option would make a positive difference, the one they are... — read more 

I contacted HR as I was not able to login to my separation website, did not hear back anything. sent the laptop back on time as I received the package on time. But signed the severance on 26th dec instead of 21 dec as I was on a trip where I did not... — read more 

Any common ones or any that want people from Schwab? Asking for me as I've been applying to hundreds of places for six months to no avail.

Any know if they are approving mental health time off? I heard we can take 2 weeks completely independent of sick time.

For those laid off and to receive bonus payout.. do you have to be employed through 12/31 or through the notice period end date 1/5 to qualify?

My team has an open position after someone quit and MD says will not be filled due to upcoming layoffs. Anyone else hear anything about this? Just bought a home so this is concerning.

I just got back from travel and saw that I had a box from Schwab sitting on my porch to return the laptop. Going to take care of that asap. But does this mean I will lose severance?

Instead of having my plan vacation time honored I’ll have to call in sick on Tuesday. Even though my manager and his VP are taking the full week off. There isn’t a single thing the CS&S leaders ask us to do that they are willing to do themselves. — read more 

I heard you can gift sick hours to other employees. How do we do this? I feel like if I ask my manager they will catch on and realize I am leaving. I would rather have it go to people that deserve it and not the pool for people on maternity leave.

Team Name : Tools Way forward: - Audit there project and spending Result would be: They give less output compared to what they take in input; EC will have a lot of deadwoods presented as experts and clean up the mess. Yes, I do not like the tools... — read more 

lousy, incompetent management complete lack of transparency management saying one thing then doing the complete opposite horrible work culture - constant layoffs that keep people afraid and unable to concentrate on their work ... — read more 

Everyone let go on 30 Oct will be entitled to the bonus. The amount is to be determined and will be paid in March. Bonus payments to dismissed and retired employees are generally the fixed amount from a separate fund. This means bonuses are flat... — read more 

Anyone get fired after the layoffs? Did those employees get severances? I know people who have been fired for ridiculous reasons post layoffs at Schwab and did not receive severance. Seems illegal.

Charles Schwab is pulling credit reports on employees who have not had a change in job function or reported any changes to their u4. The reason given for the pull was "new job". This is not true. Why is Schwab pulling credit reports on current... — read more 

What do we need to know that isn’t spelled out on MyHR, in order to keep full bonus, vested RSUs?

Anyone planning to just not show up? How long until they fire you?

when debug AI , you find definition AI = Actually India

What?!

My God everyone in STS is stretched out to the max. Teams are being asked to do more at 70% to 50% capacity. My team lost half of our engineers and the workload keeps getting worse. We were told today no more overtime but we have to work more than 40... — read more 

Schwab is now monitoring your keystrokes. It's astounding how quickly the culture has been ruined at Schwab

Can anyone advise from personal experience (no guessing, please) on how Schwab handles voluntary terminations? My plan is to stay until Jan 19th because I want to ensure I receive my wellness bonus and annual HSA contributions which will be paid out... — read more 

This rant post, just curios why we keeping tools team, it seem to den to far left people. who knows how to put blame on others , and waste time. There desi contractor are another problem point in the team. I am only one see this or there are other... — read more