Thread regarding Charles Schwab Corp. layoffs

New Seat Assignment

Any one else find out their new cube assignment yesterday?

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| 2113 views | | 13 replies (last October 12, 2023) | Reply
Post ID: @OP+1p2q1I8V

13 replies (most recent on top)

@1bwq+1p2q1I8V I think loss of employment counts as a life changing event so you don’t need to worry about benefit elections.

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Post ID: @1vik+1p2q1I8V

@1abw+1p2q1I8V
Sadly, the crazy is really desperation. Folks are on edge, understandably, and are reaching for straws and trying to make sense of an information vacuum.

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Post ID: @1mes+1p2q1I8V

HR please do it before OCT 25th before the annual enrollment ends. Husband and wife schwabies. If one of us lose our jobs the other can sign up for benefits.

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Post ID: @1bwq+1p2q1I8V

Crazy is coming from everywhere. People are searching for any straw to grasp.

Lone tree sent out seating so I’m safe right? No.

Omaha is having us move to new desks Monday so I’m safe right? No.

My EC tells us every all hands we play a pivotal to the success of the company im safe right? Lol no

Realize it’s happening. It’s happening sooner than later and there’s no way to be “safe”. Stop caring about Schwab and life gets a whole lot better

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Post ID: @1abw+1p2q1I8V

Looking at the last two posts, I am so glad I'm not in the Lone Tree campus. You feel the crazy in these Schwabbies. I'd fear being in the same office.

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Post ID: @1zwg+1p2q1I8V

I didn’t get assigned a seat so I’m indefinitely remote. In lone tree. Suspicious
Spoke to higher up about it, says that the seating chart has nothing to do with layoffs, and even if you have a desk on the spreadsheet doesn’t mean anything about being safe

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Post ID: @1xjf+1p2q1I8V

On Monday - I’m coming out of the Lone Tree hills, moving in and putting my scent on the cube like a wild moose in heat - claiming my territory according the real estate lords.

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Post ID: @1qtg+1p2q1I8V

Lone tree had a list of 1000+ employee seats set to be moved next weekend. It was sent out yesterday

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Post ID: @1kyb+1p2q1I8V

@lls+1p2q1I8V

I call bullsh*t. 5% would be about 1,700 people with targeted $400m savings ($100m separate for real estate).

The average package would not be $235,000 a person.

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Post ID: @ohk+1p2q1I8V

They will plan and assign based on best info and knowledge they have right now. Layoffs will be 5% total. Lets say for argument its 10% (not realistic). It will not be difficult to reshuffle and reassign those 10%.

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Post ID: @lls+1p2q1I8V

I got mine, rather work remote though

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Post ID: @lzd+1p2q1I8V

Indirectly from someone on my team. I wouldn’t put too much stock in that though. Real estate is gonna get a whole new list of names in a couple weeks

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Post ID: @kfp+1p2q1I8V

yes, so what does it all mean?

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Post ID: @rut+1p2q1I8V

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