When colleagues and I were converted from contractors, we received a non negotiable salary offer that was identical to the contractor rate, plus or minus $10k. I'm curious if these elements were the same or different for others. Share your info if... — read more 

Just looked at the reviews in the app store since the TG, and they are overwhelmingly negative. Anyone know how the different mobile product teams will be affected in layoffs? TDA only had 2-3 mobile scrum teams compared to Schwab’s 25+.

Login this morning to an email from STS/CTS for a free pick from sugarwish . com. We work our a%%es off for this conversion, long holiday hours and you gift me Two cookies, YES literally 2 cookies!!. What is this kindergarten?? If you actually... — read more 

I constantly feel like I'm not prepared enough even though I think I did everything I could do in this situation.

You can't just drop the layoff bo-b on us and then act like it's business as usual. You can't expect us to keep working like it's any other day. We are people, not robots, and stuff like this affects us. You can't just expect us to shrug it off and... — read more 

This is an interesting read regardless of which side of the RTO aisle you’re on. https://www.bloomberg.com/news/features/2023-09-04/what-the-return-to-office-looks-like-globally?srnd=work-shift?utm_medium=social

My resume is ready and I am actively applying. Thank you for reading.

That is only one of the things that will change for the worse for the company once I start to RTO - or let me rephrase that, once I'm forced to RTO.

Congrats on the TG everyone! You worked hard to make this the most successful conversion in our industry’s history. The EC truly appreciates the time, effort, and dedication you’ve put forth to ensure this was an epic success. Yes, most of you will... — read more 

How do you think things will play out for impacted colleagues? As layoffs will be in the thousands, I am thinking it'll be a meeting of some kind, probably scheduled a few hours before, during which they will remove all access and at the end of... — read more 

Interesting article. I think we would agree the housing market is bad, this article says it would be even worse if people weren’t working remotely. https://www.cnn.com/2023/09/03/homes/remote-work-housing/index.html

I thought the point of these layoffs is to save money, right? Then why are we still hiring people left and right? Just look at the number of open positions that are being advertised - it's in the hundreds. Can somebody please explain to me how is... — read more 

Are you guys doing ok?

Just found out about this. How is this getting funded?

The lack of transparency, telling us one thing and doing another, announcing layoffs then letting us wait... All of this combined is aimed at getting people to realize the stress is too much and to leave on their own. This is all intentional, just to... — read more 

I've heard each of these from many people around the water cooler. Our company balance sheet is not healthy. We need new leadership. Hard working employees will be severed, those left will pick up the slack and suffer reduced bonuses. It is... — read more 

Do you think will sink the layoff plans or make it worse due to losses ?

Does anyone have any insight on what might happen with SWA, or any rumors about layoffs in the SWA department?

August 21, 2023: "Charles Schwab Corp. just signalled that mass layoffs across the United States are baked in the cake and imminent, while office closings will mostly follow next year, according to an SEC 8k... — read more 

When I was laid off, leader scheduled a call at 8am (was 7:30am when I received the meeting request - was working from home). Joined the call (it was just the two of us). It was scripted and leader read from a script and told me it wasn’t an... — read more 

Got 25 dollar doshdash giftcard from AST Leadership.

You can’t make this stuff up… After what we have been though with RTO and the anxiety of layoffs, our “leadership” has the nerve to ask people to stay and work OT for TG3? America is currently in a silent depression where the middle class is being... — read more 

I think our leadership should remember that from time to time since they keep making decisions that will impact the company negatively down the line. Just saying.

I would start there

For those of us newer to Schwab or from TDA, what are the skip meetings like, and do you think they’re really a precursor to layoffs, or is that overblown?

Burning all mine Seems like my team is too. 2 days per week

People Managers or MDs, I believe that MS teams has some basic productivity metrics or at the least, Schwab has some other 3rd party WFH productivity metrics. Presumably, do they have some metrics for time active vs. time reported metrics? Do you... — read more 

These RIFs are causing productivity, quality, and morale to plummet. It's most likely going to hurt revenue too, in the long run. It needs to end.

Who really thinks STS has what it takes to build and maintain industry standard apps?

I’ve only been with CS for a couple months and am the only new member on my team. Are my days here numbered?

Which Team are effected in Lone Tree and Denver area? Schwab have big center in lone tree.

Hearing all sorts of dates now: Week of 9/18? First week in October? November 1? I just can’t imagine the EC will keep folks past their usefulness to the acquisition, which will be mostly finished this weekend.

Assuming you get laid off…Does anyone know the 2023 date you would still need to be employed by in order to be entitled to our bonus that would normally be paid out in March 2024?

I wonder if MDs really have the list ready considering nothing is leaked about the timing at all. Strange! May be they might push this entire ordeal to October

I trusted the leadership when they said there would be no RTO and I trusted them when they said we're safe from layoffs. Now I feel like a complete fool. I honestly thought I worked for one of the better companies that treated its employees right... — read more 

I am not okay with what's going on and actively am looking for a job. Regardless if this impacts you directly, this cut will be massive and will impact your friends and colleagues. You may not love every single person you work with, but they are... — read more 

Dear team - please allow yourself plenty of time to land a new job. If you think there is even a remote possibility that you may be impacted - update your resume today, reach out to your network today, and start the job search without delay. It takes... — read more 

I see some posts about how to prepare for layoff and one of the things is to ensure access to the employee branch. What services do you use from EB? Thanks in advance