Just like it says.

Talk about someone who should really read the room! I’m sure it was a long and exhausting hiring process for her to get her... — read more 

Can the raise they gave keep anyone? I doubt very much that it can. Most people I know intend to leave and can hardly be held back by anything. The best have either already left or are determined to leave. My opinion is that big changes are needed... — read more 

If the company RTO isn’t until January 2022 at the earliest with the exception of volunteers then why are branch employees being required to come back? Isn’t it riskier for the company if employees get sick after being exposed to random walk ins who... — read more 

Whew wow Schwab just gave 5% raises (which is like almost double the annual raise) to all workers under like the top Managing director level. I had heard that retention bonuses are not working and TDA attrition is close to 30% but… even I am... — read more 

There seem to be those who think CS has no choice but to cut people and mostly those who work the hardest... Some of my colleagues who were laid off were cut only because they were a little more expensive... No, CS has other options, but is not... — read more 

i know it is early but any news about Q4 layoffs ?

I finally got a new opportunity and I can't wait for this new chapter in my life to start, although it will certainly be unusual for me because I have worked here for a long time. Today I am thinking what would be the best advice for people who are... — read more 

None of us are safe from layoffs. Layoffs have sadly become the new normal and they will continue indefinitely. There is no end in sight to this. If you want job security now or at some point in the future, you should get a job someplace else. These... — read more 

Charles Schwab cuts more jobs as it integrates TD Ameritrade: https://www.bizjournals.com/sanfrancisco/news/2021/07/29/charles-schwab-cuts-more-jobs-as-it-integrates.html IN THIS ARTICLE Technology Industry By Mark Calvey Senior Reporter, San... — read more 

Yes, instead of seeing cuts as a problem, they see them as a solution to all problems... Can cuts, especially the way Schwab manages them, be the solution to the problems here? I don't think they can. They’re just a temporary cosmetic solution... — read more 

Is it just me or is Schwab trying to show that they are getting rid off of people who are supposedly not engaged, while they actually cut people whose workload has been tripled in recent months? Yes, that seems to be happening. What’s next, the... — read more 

And yes, I got laid off. I would be lying if I said I wasn’t shaken because I loved my job here. CS seems to have decided to prove everyone that loyalty, hard work, engagement, experience, it all means nothing. They devalue everything that no company... — read more 

I’m still safe, but I’ve heard that some people have been laid off for whom no one would have thought would be cut.

Got an email from a Schwab side Distinguished Engineer (i.e. senior tech director) who was let go today too. So looks like it's both companies who are trimming today.

It seems to me that after every round of layoffs at CS going back 2 years or so, there are more and more of those who want to be laid off. I am one of them. I used to really worry and try to save my job, but now I hope to be the target. Why? Because... — read more 

My problem is I let myself stay too long and the only thing I know is CS. I became too comfortable, too complacent and now I’m afraid to try something else. It doesn’t make me a bad person. No matter how much I now dislike the company my fear of... — read more 

Does anyone have reliable info on this?

One week to prepare? I don’t know exactly how much it is possible to prepare in a single week. I’ve been preparing for a long time because I know there’s no logic when it comes to layoffs. A colleague of mine, that no serious company would ever... — read more 

Layoffs moved up one week from Aug 2 to July 26. Described as “broad” (most business units impacted) but not that deep. Interpret as you will. Just wish I could offer myself as tribute. Please see my previous correct predictions like @OP+1azyvoA9 if... — read more 

Good leadership is transparent with employees but we are almost always left in the dark about what's going on. If there are going to be cuts I'd rather know in advance and be able to prepare than find out on the day off and be caught with my pants... — read more 

Schwab has been busy forcing out branch personnel (BM, FC, FCP, AFC, CRM, CRS) across the network for “policy infractions” which allows them to continuously let people go outside of mass layoffs without any severance package.

…any updates on August?

Some think that technology-led innovation does not make much sense for banks in general. I still think that CS specifically should invest more innovative efforts in this direction... Do you also think that CS is stuck in the past and is not... — read more 

Charles Schwab seeking 1,000 new employees in DFW area: https://fortworthbusiness.com/banking/charles-schwab-seeking-1000-new-employees-in-dfw-area/ Years ago when Schwab moved from San Francisco to Phoenix Schwab didn't close shop in CA on... — read more 

I remember when I first got hired, I was proud to be able to get a job here and I appreciated it to the maximum. I approached the job as seriously as possible, I thought that CS is a place with very professional employees from whom I will be able to... — read more 

Was it really wise to call the Employee Integration People Manager Q&A tinyURL EmpCutQA?

Expect more rounds of staff exits as Charles Schwab continues its integration of TD Ameritrade, Schwab Advisor Services head Bernie Clark told reporters on... — read more 

What kind of attrition do you folks expect from TD/Schwab to Fidelity, Robinhood, and others in the next year over return to office? https://www.zerohedge.com/economics/more-workers-are-quitting-their-jobs-instead-returning-office

Is today the day we get our new titles? Any chance of layoffs today or are we still thinking August?

Reminds of of Star Wars, between Fin and the hot shot pilot guy. General. General. Thank you General. They are all generals. We are now all directors. Without meaning.

PTO for service > 10 years: lose 8 days a year in vacation. We gain 1 holiday making our net loss 7 days. We do gain 10 days of sick time but will be reprimanded if we use them all. Seriously, who uses 10 days of sick time a year. It will... — read more 

While waiting for the promotion here, I could've changed several jobs and get several promotions at each one. I’m exaggerating a bit, but I’m really disappointed because I’ve worked harder than many who have received promotion. I’m not saying I’m... — read more 

Before coming to CS I didn’t have any great experience. I worked for a short time at two smaller banks and when I got a job here I was thrilled because I thought I would have a lot to learn from older and more experienced colleagues. I was pretty... — read more 

Has anyone gotten their “mapping” to Schwab yet? Seems like they are downgrading a lot of TDA people and breaking up very functional teams. :,-( And all people level 57 and under are HOURLY? I have no idea how they get away with that, it is total BS... — read more 

(continue the sentence) I know, I know, I can go work somewhere else and no one is holding me back from leaving here. Still, that doesn’t mean I can’t have complaints about this place. My breaking point was being overwhelmed with work. I couldn't... — read more 

Based on my current bonus at TDA if they are the same going forward the next two quarters, I will be making less than the year before. I feel if you are dealing with the extra bs daily you should be compensated more. It seems HR at both companies... — read more 

The latest round of layoffs has got me thinking about my future at Schwab and it doesn't look too bright. With layoffs now being a constant threat, I think it's time to consider moving to a different company. I'm worried about being able to find... — read more 

This company is so horribly non-transparent... After the cuts of these 75 people, can we now be relaxed and believe that there will be no new layoffs until August?