ONE EVENING, AN ELDERLY CHEROKEE BRAVE TOLD HIS GRANDSON ABOUT A BATTLE THAT GOES ON INSIDE PEOPLE. HE SAID "MY SON, THE BATTLE IS BETWEEN TWO 'WOLVES' INSIDE US ALL. ONE IS EVIL. IT IS ANGER, ENVY, JEALOUSY, SORROW, REGRET, GREED... — read more 

Boston Consulting Group is Thanos. They snap and half of the managers are gone lol.

Incompetent management. It took management this long to train everyone in ID theft when the training only takes 30 minutes. There is a reason they aren’t making any profit when they force their employees to hand out CSGs and waive every trade. The... — read more 

How do I use the additional 2 weeks off for my mental health? I was told that we get 2 extra weeks not including our sick time. Do I reach out to my manager?

The one advantage of being told we are losing our jobs months in advance? It gives us time to prepare. Make an appointment at JW: Employee Branch to get your finances in order if you lose your job. Use your sick time. It’s a “use it or lose... — read more 

even though i know in the end, everything will be okay no matter what happens at schwab, i’ve still been unable to sleep since the layoff announcement. anyone else acting normal and fine in meetings, but dealing with insomnia at night? — read more 

Anyone know if sick time will be included in this? Or should I start using it now?

57, Non PL High performer, got far exceeds expectation on my review. I started looking at the job market about a week after they announced the layoffs. I received an offer that is base around 25% more (pre bonus…) than I’m at now. I feel like my... — read more 

Mark Zuckerberg’s new return-to-office mandate is a clear problem, says Harvard expert: It’ll cause a ‘huge amount of distrust’ “Leaders must make sure that they’re practicing transparency, and that their actions match their words,” Gardner says... — read more 

Management is to blame. They spent millions of dollars and labor hours trying to “revamp” the training program instead of listening to their employees. Why not keep your employees that are here to work? In the end this didn’t even help with employee... — read more 

I’ve been laid off before (an acquisition who only wanted our clients) and went through all of the emotions of feeling anger, self doubt, worthlessness, dread, darkness/depression, etc. For those of you who haven’t been through this before, remember... — read more 

Won’t mix. From home offices and flexibility to cubicles and timed breaks. Welcome to 2018.

“Labor should be recognized as entitled to consult with management in the mutual interest. Labor cannot be driven, and business cannot be successful unless the men employed in it are enthusiastic and loyal. That loyalty cannot be obtained with a big... — read more 

Be it more money, more recognition, or more options, we always want more of something. Very few are able to take an honest step back and recognize that what they have is more than enough. It’s always good to want more from life, but it’s essential to... — read more 

Has anyone heard if they will give out retention bonuses like they did last year for those that stayed through the tax season? Keeping in my you aren’t on the chopping block.

These leaders look really happy about all the work we've done and will do to bring clients over before they lay us off. It's going to be a lot of work and the "tools" and "training we've made available" aren't going to resolve client issues who lose... — read more 

Does anyone know when the cuts might happen for AST? Is it in big numbers?

For all those who seem to be in the know, will RPS be heavily affected by the upcoming layoffs?

For all of those who have been posting about EC's lack of empathy, disconnection from employees, and calling out demographics; your feelings ARE valid. Because whether you want to admit it or not, this should be obvious to... — read more 

I blinked when Omar announced that at the end of the day, firing decisions are owned by him and is asking for trust in the same speech. Well played sir.

Is it poor judgment or financially strategic?

We're upset. Mad. We feel betrayed. Lied to. Backstabbed. Stressed. We're short in conversations. We look over our shoulders, targets on our backs. P!$$ED OFF. And we have every right to be. Some come here looking for information, some to vent... — read more 

We’ll eliminate your job. EC — At last year’s DS all hands in December, I vividly remember several MDs saying the year ahead in 2023 will require a lot of late nights and weekends from the teams working on the integration. Look at how they’re... — read more 

I think the worst is going to happen next month. I have no confidential info to claim this with certainty, but I've seen enough to make an educated guess. I've grown tired of having to stress so much about work and I'm considering leaving, but that's... — read more 

The only people who know anything are MD. Unless you report to MD your boss knows nothing MDs are under NDA. No one is talking Targets are NOT discussed at the director level

Wrong guesses only.

I know that everyone is anxious and probably even fearful of the impending reduction in workforce actions. While I do understand that many people in this forum may be worried about their own personal career, there are many factors which contribute to... — read more 

https://www.thinkadvisor.com/2023/08/22/schwab-moves-to-raise-debt-after-news-of-job-office-cuts/

If you attended the Retail All Hands meeting, you've likely noticed numerous indications from the executives regarding the timing and the upcoming layoff occurrence. There were various code words and word plays used. It's quite evident to most... — read more 

Seeing as we already have our call campaigns in action, let alone numerous client events already on the calendar. Do you think there will be a big impact on the FC roll?

Obviously things have been bad for a while, but I'm pretty down now that it's all said and done for me. 8 years with Schwab, been in a directors role for the last 3, got 4 months of pay + 60 days notice, assistance finding a new job and no stock... — read more 

Hi, Which Team is Getting Impacted in Denver Area any idea? Which Contractor are impacted? There is Lot of legacy system development in Denver ?

I wonder if they will ignore the elephant in the room.

Don’t not speculate or buy into any rumors of layoffs before Labor Day.

Looks like they will need to layoff all of us at this rate. Thanks Walt!

Pretty sure I won't be around when it is due and the irony of the topic has me thinking it will be a bunch of "Do as I say, not as I do".

I wish they were more transparent about the selection criteria for layoffs. Every time there are so many open questions left considering people who end up being cut.

What would be an acceptable severance package during layoffs, for you personally? What kind of added benefits (like prolonged medical coverage) would make a difference? What would make you think that the company treated you fairly? I know most people... — read more