Thread regarding Charles Schwab Corp. layoffs

@2hnn+1r7bvPoV Knucklehead is the appropriate response. You got laid off and are lecturing others about how to work. Seems like your "can do" attitude paid off.

Why do you think they say there needed to be layoffs - they were not going to give up their HUGE pay increases despite all the bad decisions that were made. They are a GREEDY group of ba----ds and I sure Karma gets them!

Getting off topic of this post but go look at the past 5 years of exec salaries in the yearly sec filing. Their average base pay raise has been 3x the average of the company. Wtf? I get bonus and stock to hide that but how can the EC give the company 3% and themselves 9%. (Judged by the 5-6 EC members who have to disclose publicly)

What I don’t understand is why Walt isn’t taking $1 per month in salary and no bonus? Many CEOs do this for tax reasons - Elon Musk (Tesla), Jeremy Stoppelman (Yelp), Larry Ellison (Oracle), Meg Whitman (HP), and Steve Jobs (Apple) earn or earned paychecks of just one dollar a month and take it in stock.

“Charles Schwab's CEO is Walt Bettinger, appointed in Oct 2008, has a tenure of 15.33 years. total yearly compensation is $24.39M, comprised of 6.1% salary and 93.9% bonuses, including company stock and options. directly owns 0.037% of the company's shares, worth $43.99M.”

Quick back of the napkin simple math:

• * He makes just under $25 million and has been here 16 years, $25M x 16 = $400,000,000 FML

Knucklehead lol…only a knucklehead would use that phrase! What are you going through exactly? You are paid to work and have to go into work. That’s called work! It’s called work for a reason!

@1rxo+1r7bvPoV
Correct. Teams are drowning outside TG, there is a LOT of people dedicated to TG right now, once that’s done. They’ll be laid off.

Where will this surplus of people be? Every team around me is drowning, projects are on hold and people are dropping like flies

@luo+1r7bvPoV You’d be whining too if you were going through it. Good is good if it’s good for me. Good luck on the job search, based on your response, it’s no wonder you have to keep interviewing. You sound like a real knucklehead

I feel like it’s been known that once TG is complete, that we would have a surplus of people.

There is predicted to be a recession the second half of the year so if for no other reason of course there will be more layoffs. Hopefully all of the people whining about RTO will be laid off so they can see how difficult it is to get a job right now. Come, join us in the fun of applying for over 300 jobs!