All of you blowhards that were saying the week of 9/18...what say you now? Bring on your next out of your a-s prediction.

My Managing Director suddenly abandoned their position and returned to a previous role at Schwab. I assume they had a heads up and did what was needed to stay with the company. Not much communication within the team… head in the sand. This... — read more 

Does anyone else think it’s weird how we switched to a phone system that does not work with wireless headsets? They want to keep the worker bees tied to their desks at all costs!

A lot of signs are pointing to October. Some posts here say 17 October however I’ve seen it closer to the first week. In a couple meetings about planning we were informed to “avoid” scheduling anything for the start of October So.. let’s see... — read more 

https://m.youtube.com/watch?v=2vZjCmbYf60

I have so little to do it’s making me crazy. I feel like I’ve fallen through some realignment cracks or something. I do put myself out there & try to take on more stuff but so far the last few weeks have been a wasteland. Last time this happened at... — read more 

Time to get Walt out of here

The layoff announcement and the work environment these past few months have really triggered my mental health struggles. I felt like I was just getting a handle on it. I used to be excited for work, wake up in the morning even on bad days and look... — read more 

Am I the only one that noticed that the company dress code was no open toed shoes? This policy was broken time and time again by the women in the office.

Why are phone reps getting fired for turning off surveys? I know so many managers that have told this to their reps over the years. Seems unfair and illegal to get terminated for what management told you to do. “If you know you’re going to get a bad... — read more 

Latest I heard is that layoffs are more likely in October to meet the year-end deadline and the WARN 60 day notice. Plus, with the push of RTO from October 1 to January seems to align to this rumor. We will be in limbo another month.

Multiple leaders in HR are resigning prior to impending layoffs. The head of product management in HR left a few weeks ago and now the guy who is the only logical successor who is one of the few bright spots in HR has resigned. The old saying is... — read more 

I got a confirmation from source who is in top management that they will start from October 17th.

Long story short I’m looking to relocate to another city with a Schwab office in it in July 2024. I’ve been told to submit a relocation request but whenever I ask my manager questions in how it works she doesn’t really answer them. Is it possible... — read more 

Finally got a confirmation from top management source that layoffs will start October 17th.

jw: severance no longer works I have it bookmarked - once you are on a 60 day notice period - DO NOT TELL ANYONE YOU GOT ANOTHER JOB, else they will not pay out severance

Just do it.

Just wanted to check everyone’s thoughts since some posts suggest that this week May be the week layoffs will occur. FOMC meeting is 9/19th. Do you think layoffs will really occur same week of FOMC meeting? Yay or nah? My thoughts is that it... — read more 

Guess all the 9/18 projections were wrong. Enjoy another few weeks in purgatory. Mounting Schwab related bad press in the news the past few days as well. This is like watching a train wreck in slow motion.

When you don’t get laid off?

https://youtu.be/NAw6sylKIyc?si=3JbGaDMUiSuTYWPi Friday monthly update wasn’t good of NNA.

Just saying ..

I'm so tired of waiting. Lay me off. Pay me to start over. I'm perfectly fine with it.

Telltale information is changing in Schwab’s internal systems for high ranking employees. It looks as though the wheels of the great reassignment are indeed in motion. 👀👀👀👀👀👀

Why doesn’t Schwab just dr-g test their existing employees? That would probably thin out the herd of folks they wanna lay off. No offense but they have rules for new hires but not existing employees. Thoughts?

Any news which tech team are impacted Denver, Austin, West Lake ?

It’s layoff week!!

I took sick off after sept long weekend because I actually fell sick returning from the trip. My birthday happenned to fall during the same time. My manager in our 1:1 told me to be cautious with taking sick leaves because she fears if the management... — read more 

I have 215 Hours of Sick Leave. If I am laid off will this be paid out ?

Anyone else read that joke of a Q&A linked in the At Schwab email this morning? He's clearly trying to address some of the "rumors" we all discuss in here yet continued to lie through his teeth about them. NO - we don't want people to leave before... — read more 

I am trying to determine what food to make for our RTO party! So excited to get back in there with all your pretty faces. I am debating between a few items: slightly burnt popcorn, microwaved fish, or a traditional curry dish. What do you guys want... — read more 

Soon shareholders will want Walt to exit. Interest earning assets down 23%. This EC is incompetent and needs to be replaced and not with their own cronie Rick

I know a lot is "hearsay" but I am curious if anyone has any insight or heard new information as of this past week?

Can I bring my cat to the office when we RTO? If not, what is the JW to get an exception? She is not a therapy cat.

Walt resigns Rick is a new CEO Rene takes some time off to be with her family (forced out) Joe M retires Dennis is a new COO Hardeep is forced out What did I miss?

The way the EC has went about their business the past couple months has indeed alienated employees. No one gives a $hit about this company after all of this. The anxiety that they are purposefully dragging everyone through, and their lies about RTO... — read more 

Anyone know with the RTO if they will extend cafeteria hours? We have to take our lunch when Schwab says we do. Our lunch schedule can even change the same day. Sometimes I completely miss any window to get food with how my lunch is scheduled. I just... — read more 

In AS, they will start requiring people to come in the office 5 days a week for CD1 integration starting next week. Those without medical accommodations and refuse to not come I to the office, managers are instructed to take corrective action.