Thread regarding Charles Schwab Corp. layoffs

60 calendar days from the announcement

Announced July 18, 60 calendar days per WARN, puts it at Saturday, Sept 16. Good luck to all of us next week.

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| 3023 views | | 14 replies (last September 13, 2023) | Reply
Post ID: @OP+1ozbhnyd

14 replies (most recent on top)

@1wmo+1ozbhnyd Completely wrong. What a dunce.

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Post ID: @1elm+1ozbhnyd

@1wmo+1ozbhnyd also doesn't know how it works but feels confident enough to comment. That 60 days "on the books" you're talking about? Yeah, that's because of WARN.

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Post ID: @1evz+1ozbhnyd

COMPLETELY WRONG!! WARN doesn’t happen here because Schwab keeps you on the books for 60 days after notification. Please stop making up stupid sh-t.

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Post ID: @1wmo+1ozbhnyd

@rlz+1ozbhnyd really thinks they are just a bit better than everyone else, but has no idea really what is going on, being too preoccupied with the Walter Mitty style life in their head.

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Post ID: @lld+1ozbhnyd

https://www.imdb.com/title/tt0099810/

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Post ID: @fvg+1ozbhnyd

Its October

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Post ID: @fif+1ozbhnyd

@rlz+1ozbhnyd connecting the dots from your post, we all can see you are a piece of sh-t.

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Post ID: @vyy+1ozbhnyd

@mum+1ozbhnyd - I think there is a need to take out incompetent folks such as OP to combat misinformation. This person is the type that also replies all to email chains and then writes unsubscribe to the chain. Also is the type that will want to attend meetings to be a fly on the wall and forward everyone the invite including their goldendoodle to the meeting. They typically have no understanding and can never baseline new information to the effort. Does this sound familiar? Be honest.

I’ve said this before - a broad solution is to get rid of underperforming 57s and below. Most would be on a PIP at other organizations.

They are milking overtime and causing serious communication issues since they never have appropriate context as they are unwilling to pick up the phone to speak to the architect.

They are also always thirsty for a promotion to senior manager to get MS Teams and Outlook on iPhone for some reason. Ask a 57 or below about details of the integration or any involved team such as CAT and they can never connect the dots.

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Post ID: @rlz+1ozbhnyd

Gee how could the firm combat misinformation and misunderstandings…. I don’t know maybe just tell your employees when the layoff is happening?!?!??
At this point it’s no secret. Why not just tell us the date?

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Post ID: @mum+1ozbhnyd

That’s not exactly how WARN works. WARN period starts when the actual layoff(s) happen. That’s why workers are “still on the books” for 60 days after being laid off to seek other jobs in the company or receive assistance finding work at another company. No one (except EC) knows when the layoffs will happen.

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Post ID: @mol+1ozbhnyd

The announcement is internal though. Not sure it qualifies for WARN.

That said I do think large scale layoffs will begin next week. Dragging it to late October is suboptimal.

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Post ID: @puu+1ozbhnyd

@mqg+1ozbhnyd - Needledick - go to your state’s Warn website and lookup “View Real Time Warns”.

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Post ID: @wiw+1ozbhnyd

@yus+1ozbhnyd Ok lay-off guru, enlighten us on the basics

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Post ID: @mqg+1ozbhnyd

OP is at the top of the list for not understanding basic layoff concepts.

This is not a joke, this type of uninformed commentary causes way too spin at the company internally. OP, take a shot at thinking and research before communicating anything or keep it quiet and go for a jog outside in Lone Tree, weathers great!

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Post ID: @yus+1ozbhnyd

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