Topics regarding layoffs at Charles Schwab Corp.

Topics regarding layoffs at Charles Schwab Corp.

Good bye sabbaticals

I hear they are going to be getting rid sabbaticals so if you have it don’t sit on it until they take it away right from under you!

Thoughts on Shared Technology Services (STS)

Can anyone comment on the STS department? What do they do? What is their relationship with the infrastructure department, aka Simon? Does this department deliver anything?

I hate my life

This company is sc-m I will spend everyday of my life after I quit dragging your name if you are wondering what you are doing wrong everything this job is he-l on earth you make my life miserable

Dear Walt and the EC

I hope you’re proud of the work you’ve done. how much stress and anxiety you’ve placed on not just your employees but their families as well. You stacked lies on top of more lies and completely misled and failed the people who work here as well as... — read more 

Simon denied my request to work remote

I was hired two years ago as a full time telecommuter and live in the Midwest. I was told the position was full time remote. I live Nowhere close to a service center and 120 miles from a schwab branch. I was denied today and told I had to drive into... — read more 

Engagement survey

Anyone taking bets on whether the next engagement survey gets sh*tcanned or delayed? I hope the EC is too oblivious to consider delaying so we can really see what RTO has done to engagement. The results will throw a spotlight on the blood in the... — read more 

Excellent Move by Walt and EC

Walt and the EC have accepted their failures and will forgo any bonuses this year to ensure that the employee bonus pool will fund at 100%. Walt has also said that he believes in the future of the company so much that he is granting everyone stock... — read more 

Explanation

Watch this video https://m.youtube.com/watch?v=jrsRvozsUQ8

Lots of pretenders here

The distribution of work has become very problematic. There are people who try their best to look like they are working hard, but in fact they have almost nothing to do. On the other side, there are those who are overwhelmed with work and more is... — read more 

Leadership and in person collaboration

Walt recently said at a town hall that being fully remote would come with an inherent career ceiling, and that leaders need to be with people, which is something I don’t necessarily disagree with, and was prepared for some form of RTO…..so now I’m... — read more 

All trust is gone

Poor Mr. Schwab and family - He built such a great name and reputation based on trust and being different, more down to earth, than any other big wall street firm. But as we know, trust is lost in an instant. Now all trust is gone. It's "us vs. them"... — read more 

Fully remote job somewhere else

Has anyone tried to find a fully remote job (with the prospect that it will remain so) somewhere else in this industry, and was paid similarly or better?

Dear Walt...

There is still time to right the ship, but on your way out, you need to step up and help restore the trust we have lost in the firm. We were not prepared for interest rates to return to historically normal levels. You should ask your CFO to resign... — read more 

I refuse to leave

I think a lot of us have realized that this is their way of getting people to quit without having to pay severance. It's despicable and show's utter lack of respect for hardworking employees, but it is what it is. Well, I will not quit. I will also... — read more 

Seriously, what is going on?

Is Schwab imploding or something? Why is our company being so bipolar with their decisions? Someone spell this sh-t out for me.

Happy 4th of July

Time to close buildings. Sorry to our friends who will get the notification by Monday.

Advice for Medical Exemption?

Does anyone have guidance on getting a personal medical exemption to work from home? I care for a family member that is in the middle of battling a life threatening illness and requires care and medication throughout the day. My manager knows this... — read more 

Rejected!

Ever single person on my team requesting remote was rejected today. They are not even holding up to the percentages they promised

Forced RTO - Let's Organize

We seriously need to work together to fight the change. There is no actual reason to force us back. Let the people who want to go in, go in and let the rest of us who perform well stay remote. I perform exceptionally well working remotely and I... — read more 

It is working…

Our MD has asked for anonymous feedback in a team meeting on RTO. He is sympathizing with his team and somewhat admits that this is not what he wants but he can’t stop it either. Keep the pressure on and keep raising your voice.

Nothing to be surprised by

Charles Schwab is just like any other company. It will get everything they can from you and pat you on the back as they do that but then they'll stab you in the back without thinking by laying you off or forcing you back into the office. I don't see... — read more 

What even is the WFH exception criteria?

Is it just who the manager likes the most? Seriously, Walt said they aren't even auto-exempting people like me where it is unreasonable for us to drive into the office due to where we live. We know the percentage allocation is 18%. Has anyone seen... — read more 

RTO & Branches

Anyone heard any details around whether local branches may be considered for a way to get remote employees into an ‘office’ even if its not a corporate office?

Thanks upper management

I just want to say thank you for not honestly giving these exception requests 2 thoughts for each individual. You pretty much said thanks for the many years of hard work but because of your personal situation you only have a few months left of... — read more 

Two possibilities

I don't even have to mention why I am against RTO, there are many reasons. But I've been thinking how realistic is the possibility that CS, after realizing that there is huge resistance to RTO, will return to more flexible ways of working? Or... — read more 

Take care of yourselves

I’ve heard from a few people recently, since the RTO mandate was announced, they are having feelings of anxiety, sadness and even despair, when considering how drastically this will change their lives, and all that they are giving up. Please know... — read more 

Spread the word

Let's be real. We are all afraid of Schwab retaliating against us for voicing anything other than unbridled joy for this RTO policy. Nobody has the ba--s to create a channel on the internal comms to discuss our shared grievances. It's going to be... — read more 

Sign Up for a Medical Accommodation Right Now!

Of course talk to your Doctor first but now is the time to sign up for a medical exception before the plans are solidified for RTO. The process is super simple and takes about a week to complete.

They will never admit their mistakes

Rather than admitting you made a horrible mistake by buying long term low interest bonds and then having to borrow 2.5 Billion at 5 percent. You realize that you need to cut your workforce to decrease expenses. However, instead of getting bad... — read more 

Too Big To Fail

Schwab will overcome any dissent and plow along. Just as they did with TD. Haters stand down.

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| 1220 views | | 3 replies (last June 30, 2023)
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