Thread regarding Charles Schwab Corp. layoffs

what happened in Digital Services?

An email came out a couple of days ago announcing that 2 senior MDs 'left' digital through a reorganization.

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| 3552 views | | 9 replies (last July 25, 2023) | Reply
Post ID: @OP+1nHdEAy7

9 replies (most recent on top)

@5nir+1nHdEAy7 we can only hope

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Post ID: @5nbh+1nHdEAy7

The accelerator teams are probably going to get toasted.

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Post ID: @5nir+1nHdEAy7

If your position might be redundant, I’d start job hunting to be safe / proactive. Best of luck.

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Post ID: @4wud+1nHdEAy7

Yep I’m in DS and we just lost 2 of our managing directors the day the layoff warning was sent out. They were escorted off… so now Andrew Salesky will me managing allllll of DS… they are saying that digital services will go back into the business instead of being separate since the TD migration is completing…..I’ve stared applying for other jobs that are full remote. I def had drank the Schwab koolaide as I’ve only been here like a year and a half but my eyes have been opened as of last week.

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Post ID: @3hgh+1nHdEAy7

@lpc+1nHdEAy7 digital product management, not STS… they removed a whole layer. 2 MDs out.

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Post ID: @1gzy+1nHdEAy7

Fear and panic, the whispers spread,
Through cubicle kingdoms, hearts like lead.

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Post ID: @1ujw+1nHdEAy7

I suspect tomorrow is going to be a bloodbath

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Post ID: @1diu+1nHdEAy7

STS or product?

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Post ID: @lpc+1nHdEAy7

Begun, the Layoff Wars have

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Post ID: @jmn+1nHdEAy7

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