Thread regarding Charles Schwab Corp. layoffs

To “Friends” & Colleagues of The Laid off

To all of you so called “friends” and colleagues who know people who were laid off and are to scared for your jobs or self-absorbed to respond to emails or LinkedIn messages and haven’t even reached out to be supportive…just remember this could and most likely will happen to you.l regardless of how great you think you are.

We will eventually find jobs. Someday you will need to find one and want our help. We will remember those of you who were supportive and those who treated us like we had the plague even though we were great team members, “friends” and strong performers.

No you be wants to have to reach out to people they haven’t spoken to in a while to inquire about jobs at their companies but this is the job market that we are in. For most, it’s terrible. It’s a terrible time for good employees to be laid off and put in this situation.

Try to be a hero to someone at this time and treat people the way you’d want to be treated. What comes around goes around.

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| 2204 views | | 23 replies (last May 3, 2024) | Reply
Post ID: @OP+1sfZu7dG

23 replies (most recent on top)

@6nak+1sfZu7dG

Schwab Sheep... you run along back to your sad job. work for that $0.10 raise you'll get next year.

meanwhile i'll enjoy my nice severance and bonus I got while landing a better job :)

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Post ID: @6yoh+1sfZu7dG

@6gya+1sfZu7dG

Your assumptions couldn’t be more wrong. Just because my world and social life doesn’t revolve around people at work doesn’t mean I’m lazy or a sheep. Also, nothing in my comment said I was at shithole Schwab for 25 years. Run along now and enjoy water cooler chats with your besties.

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Post ID: @6nak+1sfZu7dG

@6rmd+1sfZu7dG I care about the people in my personal life. Make time for them and yet somehow still find time to do a simple reach out to check in on others. It's sounds like all you do is make excuses. You're probably lazy and in the same position for the last 25 years. You sit there like a good little Schwab Sheep taking a $0.10 raise lol

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Post ID: @6gya+1sfZu7dG

@6xnk+1sfZu7dG

If caring about the people in my personal life is considered selfish then so be it. I’ve never burned a bridge and have been in this industry for over 25 years. What I’ve learned over those 25 years is not everyone is your friend and if you want something you work for it and don’t expect someone to hand it to you like OP. They’re struggling to find work so now it’s our responsibility?? We need to be their hero?? No way, that’s simply absurd.

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Post ID: @6rmd+1sfZu7dG

to @5pkq+1sfZu7dG

you sound selfish and like someone who burns bridges. don't forget you may need that person some day. maybe not, but it's possible.

I got lucky and landed a new role where I have the ability to hire. I know those who checked in on me. It wasn't always a job lead but a simple "how are you doing?" and those I would offer them a hand if they are ever in the situation I was in. I also know the ones who didn't reach out at all and would not extend a helping hand.

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Post ID: @6xnk+1sfZu7dG

You must be young. Anyone over 35 has been fired or laid off before and realize it's not the end of the world and life goes on. No need for the drama and psychic vampirism. "You need to check on me. Tell me I'm good and find me another job!" Come on!
Also, did you hang out with these so called "friends" outside of work? If not, then you should have already known you were work acquaintances and that was it. If you did, then wtf do you need them to coddle you online? Just talk to them when you see them.
Yeah, we may be inhuman or we just don't want invites to your pity party.

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Post ID: @5okb+1sfZu7dG

Just because our lives are focused on the people we love and choose to have in our lives does not mean we lack humanity or are terrible people. Some days I barely have time to catch up with the ones I love, I absolutely do not have time to see if Jim from STS is still looking for work. You know what? So are most of us!!! I’m not going to “be a hero” as OP says and give up my job leads, I’m trying to get out of this shithole myself! Just because we are forced into a space together whether sharing a manager, org, floor or building does not mean we are friends. I will be cordial and social and kind when in that forced space but once I clock out my life focuses on those important to me and that’s not always the people I’m forced to share space with in exchange for a paycheck.

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Post ID: @5pkq+1sfZu7dG

wow so sad to see how many people at Schwab have no humanity and are just terrible people. "we all have lives, family, etc." blah blah. ok and?? that prevents you from being a decent human and reaching out to check on someone or responding to someone. you all should be ashamed of yourself. it doesn't take much to check in on someone or respond.

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Post ID: @3mut+1sfZu7dG

Fcku the references... It is just the human courtesy that people are lacking here.

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Post ID: @2gio+1sfZu7dG

I think it's against Schwab policy to endorse or be a reference for a former employee if you are still with Schwab.

Also, if your only contact for a person is LinkedIn (no socials, no personal email, etc.), how good a friend could you have been?

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Post ID: @2kdl+1sfZu7dG

Get over yourself. Yes it is sad to be in your position, looking for work, but others have lives too. Family, kids, their own job, their own worries. We all have our own problems, but of us just struggle through them on our own.

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Post ID: @2ubk+1sfZu7dG

Have some shame and reach out to someone who is laid off and ask them how they are doing. It doesn't even cost you a cent. Have some humanity people.

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Post ID: @2nqo+1sfZu7dG

A lot of people don’t actively track their linkedin. i turned off notifications. They may not be mean, just not active. Take that into account before reading so much into it.

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Post ID: @2jxf+1sfZu7dG

Have you considered that some people just don’t check their LinkedIn accounts or messages? Don’t be petty if someone reaches out in the future. You really don’t know what’s happening in the other side.

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Post ID: @2lbr+1sfZu7dG

A friend in need is a friend indeed!

During the times of trouble you know who your true friends are. My boss even had tears in her eyes when they laid me off but did not even respond to my LinkedIn message. But then there are some who I thought I only had a casual relationship, they have been calling me to check on me. I still don't have a job thanks to EC who mismanaged the funds and put high performers like me on streets.

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Post ID: @1gef+1sfZu7dG

I understand your frustration and the feeling of betrayal. The lesson here is do not invest too much of your emotional self in your jobs and/or with your colleagues. At the end of the day, the only people you can count on is your family. You realize who your true friends are when you lose your job or home.

As hard as it is, please shed your negativity and go out there and put your positive self forward to land a new job. Charles Schwab is a very toxic company. Don't take that toxicity with you and let it manifest inside you. Just remember this experience and continue to network and help those who may later need your help. F*ck Schwab.

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Post ID: @1vpd+1sfZu7dG

I understand the frustration especially when it comes to finding another job. A couple of things to note though:

  1. What you are experiencing is just an extension of the awful ‘cultish’ culture of fake nice and back stabbing that existed when you were an employee. I am in HR and the culture is extremely toxic and it disgusts me.
  1. No matter how frustrating it is for you right now, it isn’t nearly as bad as if you were still employed with this company. It is filled with prisoners of the company who can’t find jobs. They want out and are miserable. Trust me.
  1. You are
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Post ID: @dpk+1sfZu7dG

I would 100% respond to a linked in message and/or connection request, but no one has reached out. Chances are though that I would be of little help since I've been trying to build up my own connections and focus on my own job hunting and/or may not really have any useful outside of a supportive message that I would keep them in mind.

We see the negative effects of full RTO in the job market currently where boomers won't retire because that is all they know — going into an office every day. This prevents an upward shift in career growth for the younger generations. If they had been remote, they may have been able to build relationships and a life outside of the office that they will have at the time they retire. I also 100% believe there would be less divorce, stress, DV, addiction, car accidents, and local communities could thrive again rather than the "campus office pseudo-community" we are forced to trudge to on the daily.

With my stress over ensuring that my badge swipes equal 2x daily RTO it's more like the reverse of prison work release — it's prison during the day and home release just to swipe in the morning to satisfy the warden (a bit worse since we have to pay for the "privilege" of going in — gas, tolls, childcare, etc). The notion that we cannot form work relationships except in a daily in-person interaction is truly bizarre. IF the EC ever does retire, I don't think it will change b/c if you look at who they are preparing for succession it is the exact same demographic and mindset.

Unfortunately, it's not just Schwab, it's everywhere. The wealthy corp execs want to protect their wealth/status no matter the expense to the younger generations. And if you love going into the office, that's terrific - we all have our preferences and life situations. But don't expect me to trudge in just to keep you company or make your in-office experience more "enjoyable."

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Post ID: @dpz+1sfZu7dG

For those pushing RTO.

Think about this. We go to the office to see our friends and coworkers. We spend more time with them than our families in many cases. We tell them things we don’t share with a spouse.

It’s convenience. Not friendship.

Humans easily mistake proximity and good enough for relationship. Disagree? See how popular you are in the bar at 8PM. Then at 1AM. It isn’t just the beer goggles.

OP, I’m sorry that you are disappointed and angry. The only thing that can be said is that it isn’t you. And the expectation is likely unfair. It just is the way people are. Good luck in the search. This lesson will be a good one for your career.

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Post ID: @rjy+1sfZu7dG

@bul+1sfZu7dG
Some people might not want to be reached out to so I leave them alone. If I see a post from a former colleague about looking for a job, I repost it and will let them reach out if they want to. I also accept any connection requests from people who were laid off.

Eventually you guys will need to learn the world doesn't revolve around you and take action yourselves.

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Post ID: @yro+1sfZu7dG

“ your former colleagues don’t owe you anything.”

They owe people basic human decency.

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Post ID: @bcb+1sfZu7dG

For a lot of people work is work and colleagues are colleagues. The firm wants to force all this friendship and “culture” but a lot of people want to do their job and go home, we have enough going on in our own lives outside of work. Not everyone is there to make friends. Good luck to you but your former colleagues don’t owe you anything.

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Post ID: @mzy+1sfZu7dG

Agreed. I was shocked at how few people that I felt reasonably close to reached out to me once I was gone. I would done almost anything to help my team but when it was my turn at the door — crickets

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Post ID: @bul+1sfZu7dG

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