Thread regarding Charles Schwab Corp. layoffs

Layoffs Today - 9/8/25

There were layoffs today. Making a thread to discuss.


by
| 4955 views | | 17 replies (last September 27) | Reply
Post ID: @OP+1k4nv0jqz

17 replies (most recent on top)

They could definitely improve morale if they laid off Beatty and his team of A-s Lickers. Guy is such a phony in my opinion

by
| | Reply
Post ID: @2ym+1k4nv0jqz

Are talking CES STS lone tree ?

by
| | Reply
Post ID: @ez+1k4nv0jqz

heard about 2 STS MDs that are out

by
| | Reply
Post ID: @e1+1k4nv0jqz

@az from the list I saw (granted I am not pretending I saw a full, complete list) -4. Between the location saying "tele" or having an unfamiliar (to me) location.

by
| | Reply
Post ID: @b4+1k4nv0jqz

I wonder how many where remote :(

by
| | Reply
Post ID: @az+1k4nv0jqz

I was one STS

by
| | Reply
Post ID: @ay+1k4nv0jqz

@ag woah, your org actually acknowledged the layoffs? That gives me a little hope bc silence has been the only response to everything lately including layoffs, morale, favoritism, you name it.

by
| | Reply
Post ID: @ah+1k4nv0jqz

@a7 was it? I know of the RiFs happening quarterly since 2023. Not sure I knew it was ~300 quarterly. But today was, to me, different. Including a note to my org, which has not happened since the 2023 layoffs.

by
| | Reply
Post ID: @ag+1k4nv0jqz

We are the Vanguard!

Hopefully the economy turns around before my COBRA expires! Or I get deported to a country with better health care

by
| | Reply
Post ID: @ab+1k4nv0jqz

STS SCS also affected

by
| | Reply
Post ID: @a8+1k4nv0jqz

This was a quarterly. Normally those are around 300 souls. If only 50 it may mean a very large or very small year end. I believe that it will be similar to October’s.

by
| | Reply
Post ID: @a7+1k4nv0jqz

CES EMOST

by
| | Reply
Post ID: @a6+1k4nv0jqz

i was one... STS

by
| | Reply
Post ID: @a5+1k4nv0jqz

Heard from my director and manager that 50 were let go today.

by
| | Reply
Post ID: @a4+1k4nv0jqz

Historically layoffs have been end of Oct or first week Nov. I have not heard anything yet , just wondering if we will see a larger lay off in another month or so. And for all those that were laid off today, the very best of luck to you.

by
| | Reply
Post ID: @a3+1k4nv0jqz

Yes, over 50 employees were laid off today across multiple organizations.

by
| | Reply
Post ID: @a2+1k4nv0jqz

Seems smallish, 50 maybe? Saw from MD on down, as far as roles. Multiple orgs. Didn’t hear anything beforehand that was more than the usual chatter, so was completely unexpected to me.
Is this the end of it? The start of new regularity?
Not a Reduction in Force, which has been happening since after Oct 2023.

by
| | Reply
Post ID: @a1+1k4nv0jqz

Post a reply

: