Good luck with interest rates for the next 3 years. Be like Powell. https://www.federalreserve.gov/newsevents/speech/powell20260111a.htm January 11, 2026 Statement by Federal Reserve Chair Jerome H. Powell Good evening. On Friday, the Department... — read more 

How can a company change so much for the worse in just a few short years? I still can't wrap my head around it.

It amazes me that (some) employees at Charles Schwab do (not) even understand basic U.S. economics - The (2) contributors for a Major recession when they do (and have) happened during U.S. economic-financial history are Unemployment, and a Major... — read more 

My manager is managing me out it is quite obvious. Is it part of the Schwab management playbook to make up bullsh-t compliance cases to terminate you for cause so Schwab does not have pay severance?

U.S. Government needs the (future) Tax revenue from (New children) born in the U.S. Since households are having less children over time. In 2025, it was 1.6 children per household. 1946 - 1964 - Baby boomer generation it was 3.6 children per... — read more 

To all of those who are treated like cattle sitting in small stalls all day while the elites sit in their offices with their doors closed…emerging once a day to say hi to the little people while deciding who to layoff off (mainly based on politics)... — read more 

The calendar marks the end of 2025, but layoffs, politics, and nonsense persist. Like others, I joined this company years ago and delivered results. Now, I’m extracting small victories, like a tooth fairy. My team used to collaborate and execute... — read more 

I was researching job openings during work yesterday, and my manager walked over and saw my screen. She confronted me about it, and I denied it in the moment. Now I'm anxious about potential consequences. Could this actually get me fired, or just put... — read more 

In coffee line waiting for barista to take my order, overheard two people behind me talking quietly about organizational changes in Q1. Has anyone heard anything about this they can share? Will it be due to layoffs?

Given the limited options and their inflated prices, a quick layoff would be ideal.

Do you predict that there will be Charles Schwab layoffs? Any chatter, news or rumors?

Started at Schwab a while ago. I have noticed that less than 50% of the people show up on a given day where I work. Many clock in at 9:30 or later, and are gone by 3:00, plus take a looong lunch break. I am puzzled. Will the 4 day RTO really... — read more 

All of the boomers on here will tell you that you are fortunate and should be grateful for the opportunity you have to work for a company, blah...blah. The reality is that none of us matter to any company, and none of us have ever mattered. The... — read more 

Doesn’t matter if you’re in STS, CRM, CSS, RPS, etc the whole system is built to benefit the top and treat everyone else as disposable. Leadership knows exactly how toxic it’s gotten but they just don’t care. As long as the stock price stays high... — read more 

Lately it feels like we’re drowning in projects while only a handful of full-time employees are expected to carry all of it, and somehow the workload just keeps growing. We’re constantly being assigned new tasks without any additional support, yet... — read more 

In 1914, unskilled Ford workers were paid $5 a day for a six-day workweek — totaling $1,560/year, roughly 75 ounces of gold at the time. Today, with gold at about $4,210 per ounce, that same 75 ounces would be worth over $317,000. Meanwhile, the... — read more 

Some of the best folks I’ve worked with over the years are leaving Schwab on their own because they’re tired of guessing what’s next. It’s depressing to watch talent drain like this.

Don't bother working for this company of you don't want to see the executive council be the only ones who get money. Also you will have no say in any company policy. If you speak up with a good idea to improve processes or morale you will be... — read more 

PL here. If you are a legacy Schwab employee you need to know that you are getting sc--wed badly on your bonus. Your TDA colleagues (that are peers to you) have a much higher bonus percentage (5%+ more). When Schwab switched all legacy blue... — read more 

I read that when Schwab wants you to quit they start write ups and the compliance team starts questioning your every move even if you are doing nothing wrong. Eventually Schwab sits you down and asks you to resign or else they mark your... — read more 

Does anyone have any insight into the job satisfaction and future growth of SWA (Schwab Wealth Advisory)? There are so many job postings open around the country for advisors and managers. Is this a relatively safe division to work in at Schwab?

Can we talk about how awful the company culture and military like the culture is at Schwab? Along with the constant broken promises for career growth to employees feels fraudulent! They have been playing all kinds of dirty tricks on employees to... — read more 

When are we going to call out this company for doing small layoffs to stay under the WARN number to keep it quiet and implementing RTO to make our lives miserable so that the EC gets the attrition they are looking for? Rick said no plans to change... — read more 

I can't think of any.

Let's vent in this thread. That's it, that is the message.

Currently, quite a few fully remote workers are still with the company. Once they got rid of promotions/job growth for remote employees, it seemed like layoffs are imminent. What are the chances that remote employees are let go once RTO 2.0 starts in... — read more 

I joined four months ago, I'd just like to know if Schwab ever has layoffs around Thanksgiving and Christmas or if there is no need to worry before next year?

Charles Schwab and his wife Helen attended the White House Dinner - the special guest was Prince Mohammed bin Salman Al Saud. Questions regarding the appropriateness of Charles R. Schwab - who continues to represent and lead the company in his... — read more 

Layoffs?!? Layoffs?!? That’s impossible. I was told by reliable sources at the corporate update that no layoffs were “planned.” Crazy coincidence the layoffs that were not planned just happen to have occurred the week after the Impact roadshow. What... — read more 

Not sure if this still works as I left the firm around a year ago to work for a fully remote brokerage (best decision in my career)… After someone gets laid off, their department changes in their profile to LABOR DECISIONS for 60 days before it... — read more 

regarding the layoffs? Still amazing that there are no all clear notes or organizational updates. Just here yesterday and poof.

That's it. That's the post.

Anyone else feel like we’re stuck in a company where the people doing the actual work keep getting cut, while the folks who create the bottlenecks sail through untouched??? every layoff just leaves fewer hands, more red tape, and a fresh round of do... — read more 

Not mine, source below: there are 30K+ schwabbies, of course some of them are terrible at their jobs—it's a massive sample size. many software folks are completely unaware of the infrastructure their app rides or how their app should even function... — read more 

Do you think there will be an impact on I&O - if yes, how big and which groups.

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Honest question, why do you like working at Schwab? There seems to be so much contention about poor management, legacy technology and vast pay differences. What is it that keeps you here? Especially those of you that have been here for so long. Are... — read more 

America feels like it’s falling apart. Prices keep climbing, people are barely getting by, and the pressure from every direction is unbearable. Schwab treats workers like disposable parts, piling on more stress while paying wages that can’t even... — read more 

What a joke. These EC member elitists are getting millions in stock options and salaries and then are giving us merit increases less than what inflation is. Then they expect us to be happy with an extra 10 percent bonus? The RTO answer was a joke as... — read more