Essentially making us all go back to the office is a pay cut. You have to spend more time out of your day driving and getting ready now which time is money. If you live in a big metroplex it could take an hour to get to the center one way! Not only... — read more 

With the mandatory (and complete bullsh-t) RTO announcement, I don't see the "smart" ones leaving in October, but rather March after bonuses are paid out and RSUs vest. I absolutely love my job. I love working for Schwab. But I won't work in an... — read more 

I encourage everyone on this board to leave a review on Glassdoor & Indeed. These are the number one sites used for recruiting and people going through the job search process should have all the information since then Schwab site is still promoting... — read more 

Tell me how forcing RTO actually helps what’s really going on. Failing revenue and employee dissatisfaction are huge red flags. (Bloomberg) -- “Charles Schwab Corp. expects its revenue to slide as much as 11% in the second quarter compared with a... — read more 

What if you have no teammates in your location since they are all spread out? How will they track if you are in office? Will it be ok to go in for 3 hours and then WFH during lunch. I just want to know how they will know we are in office.

Like many of you, I saw the return to office email this morning. I'm writing to express my disappointment with this decision, and to urge you to join me in forming a union. Over the last three years, employees at Schwab have proven that we can work... — read more 

I call for Walt to take a 40% pay reduction like Tim did. He is ultimately responsible for the long dated bonds that hit the company in trouble. Now we pay the price and he sits on his golden throne

Remember this next time we get a glint survey!!! LET THEM KNOW HOW WE FEEL. Glint surveys, best place to work surveys, etc etc. do not hold back. They don’t care about us, let’s show them how we feel.

Next big integration week all of us are calling in sick for 3 consecutive days for mental health days. If they won’t work for us we don’t work for them. Why? Because fu-k em that’s why!

Due to the email that was sent by the EC. One project manager and another engineer. As a director I asked about headcount and was told neither would be replaced this year. Today has been a rough day for many but I'm really not sure what is going on... — read more 

Walt is a coward. He repeatedly sang praises over the firm's workplace flexibility. He contrasted himself with Jamie Dimon and took jabs at David Solomon for wanting people in the office. He said completely remote work was going to happen eventually... — read more 

Be up front with your employees. Give your employees the information and allow them to make decisions accordingly. Don't mislead them and with the same message over and over when we ask repeatedly. Some of us made decisions in our lives based on... — read more 

I was in a meeting this morning and while they are offering employees to submit an exception every six months the plan is to allow it until next may and call the remaining people back.

Even after many kept asking in the all hands. They kept lying. Some of us made decisions to move to more affordable areas based on the information the firm gave us. The massage was "there are no plans to change the WFP". This was reiterated to us... — read more 

Charles Schwab will NEVER recover from this backstabbing move. Let's see. What does Walt say? Trust is built over time but lost in an instant. Indeed. Trust WAS lost in an instant. Transparency? No, just lie after lie. Wow. I never... — read more 

Simple as that. This isn't about in person collaboration. Most teams are spread all over the place and are no longer in the same location. And since we bought TDA is way more spread out. Our team doesn't have a single person in the same location as... — read more 

This "hybrid" plan is a sham. They took away the last benefit we really had at Schwab

This is by far cheapest way of getting rid of people. I could also see executives only Making exceptions for employees who had a far exceeds review without knowing that the rating has never really defined the value of an employee at Schwab as it is... — read more 

With the recent announcement today of “generally all employees will be in the office 3 days a week” and “MDs and PLs 4 days a week”, I have serious concerns over employee safety and security within the buildings. We do not have metal detectors, and... — read more 

Maybe all of us who feel this way - and I know for a fact there are many, many of us - should let them know. I think the number will be much higher than they ever imagined. They might want some of us to quit because of this, but what happens when... — read more 

Ladies and gentlemen, I stand before you today to address a matter of utmost importance—a matter that affects not just our work lives, but our personal lives, our families, and our well-being. We have proven ourselves to be highly productive while... — read more 

Alright fellow employees time for us to fight back! We cannot let these boomers get us to return to office without a fight. They are trying to take away time with our families even though we have proved our ability to be highly productive for over... — read more 

Rumors are spreading

Usually the layoffs seem to be the first Tuesday, this is the last month of Q2 so… rumor here and elsewhere was that they were coming in June. Anyone know? I saw only $15MM in layoffs listed for this quarter ( — read more 

I'm curious why you think CS is trying to reduce headcount without cuts? What are the arguments? I really don't have that impression, but maybe I'm wrong.

From what I heard Friday STS bonus funding will start to see cuts this year with the goal to "restructure" the funding altogether. A certain MD who is retiring within two years told me they think the days of bonuses as we know it are being taken away... — read more 

Schwab is only concerned with their image and perception in the FinTech industry. They do not care about the employees. They want robots that follow policies and procedures to the letter. I am not saying I am perfect, and I am not saying anything new... — read more 

Concerning , especially with the firm refusing to address questions about the SEC filing. The high interest rate environment and the held to maturity unrealized losses are continuing to deteriorate the balance sheet and stock price. The question... — read more 

Is taking an Architect position with the CTO worth? Thoughts on technical roles at Schwab? What should I expect? Comments about the environment? Just saw some posts about a toxic environment.

It's not the employees' fault, but those at the top that this company has become such a mess. I had a little discussion with colleagues about which changes are necessary to be prioritized here and I'm also interested in your opinion?

I have a better chance of finding out something important that's happening at the company here than from management. That's not how this is supposed to work. The less they tell us, the more morale will go down since people will always imagine the... — read more 

Meanwhile "held to maturity" has destroyed this firm. I guess those rising interest rates didn't pay off like they were claiming? How could the leadership of this firm not be held accountable? Go watch Warren Buffetts latest Berkshire annual... — read more 

There was an email out today in retail CS&S. Reqs will be closed. Roles will not be backfilled. What are the latest news from the other organizations ?

Anyone figured out how to get files off Schwab laptop? I have developed templates during my tenure (no client or employee information). And I would like to take it with me if I get laid off or if I leave.

For those who have gone through layoff, what was your severance payment like? Any detail helpful.

how’s the process at Schwab? Do they give you advance warning to do a handover to another colleague? or do they meet with you on Friday evening and cancel your computer access on the spot? Pls share from your experience so that we know what to... — read more 

Judging by what people are writing here, it seems like there are a lot of layoffs that are secretly going on. It's a very demoralizing feeling, when one day you find out that your colleague is no longer there and you didn't even know that layoffs are... — read more 

Calling people back into the office. He was very much against WFH as we all know and I just heard Schwab is going to start calling people back. Communications coming end of Q3 with the expectation that most will be working in the office full time by... — read more 

All we heard about over the last decade plus was how well Schwab was positioned to profit when rates started to rise. Now we hear Schwab is taking huge losses because of rising rates How does this happen when they were prepared for it? How is this... — read more