Thread regarding Charles Schwab Corp. layoffs

Impacted- 57 IC within CRM (1st/2nd LOD)

I had a meeting put on my calendar earlier in the morning with an MD, about 3 hrs before. It was a quick but good conversation. I’m still waiting on details in an email. Good luck everyone! I’m just relieved to know and can now focus my time on a job search.

by
| 2271 views | | 4 replies (last October 31, 2023) | Reply
Post ID: @OP+1plCO04j

4 replies (most recent on top)

same here, also remember there is the unemployment benefits, it is not much but will cover part of your expenses, it should kick in after the WARN period. Make sure to check your local gov office. Best of luck

by
| | Reply
Post ID: @1ihg+1plCO04j

Same here. Got impacted this morning. Time to move on! Good Luck for all those impacted in search of their new career

by
| | Reply
Post ID: @1mky+1plCO04j

FYI- OP here. got my severance details. Same as what others have said- on the books till 1/5 and bonus eligible. Getting severance on top of that. Can’t complain. Hopefully it is enough time to find another role.

Honestly- because I was preparing for this, my job search is well underway, I reduced expenses and saved the past few months. So now, I’m actually going on a short weeklong vacation before starting my job search.

Good luck to everyone! We will land on our feet.

To the person who commented here- thank you!

I will miss the wonderful people I got to work with. Time to move forward!

by
| | Reply
Post ID: @wlc+1plCO04j

Reminds me of ‘Margin Call’ when Stanley Tucci’s character is laid off, ‘I don’t see how Risk Management is the logical play to start cutting’

Sorry to hear! Best of luck!

by
| | Reply
Post ID: @ioa+1plCO04j

Post a reply

: