Thread regarding Charles Schwab Corp. layoffs

@epx+1qJb62j2 he's a beaten down man and looks terrible. His retirement was planned for last year but at the rate this is going it's anyone's guess when he'll be able to pass the torch to Robotic Rick. RIP share price.

I was amazed at reading this thread. Glad I'm not the only one. Our entire side of the floor in PHX SOMO were talking about how bad our CEO looked and how he's untrustworthy

It's amazing how quickly this firm has fallen. Once a jewel in the brokerage space is now one of the worst companies to work for

That corp update call was hard to watch. I think I would need to self medicate to be able to stand in front of people that hate me and continue to spew the same lies over and over. Walt looked terrible and I am embarassed to admit that made me happy. But that is where we are.

For those who were around, Mr. Moglia once pulled down over $50 million in pay in a single year as CEO of TDA and no one complained. Why? Because he was in the trenches with us, he got up and took unscripted questions in person, gave hard answers when he had to, and was willing to admit and correct mistakes - like the insurance change. I can't conceive of schwab's management doing any of that. Leadership requires honesty and creates trust. It's not a surprise that both are in very short supply around here.

I actually told my team two years ago when they first started waffling on their own RTO policies over and over. I told them our senior leaders will use the pandemic to cut our benefits all in the name of hard times. And sure as sh-t that's what happened. Walt B and his counsel get huge raises and stock options and they take our lives away by enforcing RTO, something nobody needs and everyone hates. Can't wait to leave this sh-t company

I was in the main conference room in Omaha yesterday and everyone was just laughing at Walt. That was painful to watch

Hey executive council members, here's an idea. Stop Fing lying to us all. Nobody is buying your BS. You ran this firm into the ground while stepping on our throats.

This is kinda the problem right now with corporate America and is central to the problem with employees not trusting leadership. CEOs make entirely too much money and they turn into politicians. I think we saw that from Walt yesterday. He looks like a broken man grovelling for votes. If you know basic psychology you can see Walt didn't actually believe what he was saying. Sadly for him his employees didn't either.

That was a pathetic display from our CEO yesterday. I really wish they would just stop trying to justify these awful decisions. Silence is more respectful than straight up lying over and over