Layoffs confirmed for 9/22. About a 7% reduction in staff. STS will be impacted the most.
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Before KC vesting so definitely before November. Just a horrible company.
These people say their VPs conformed this and that. I get the feeling these VPs are Schwab FCs, Financial Consultants. FC carry a VP title so clients can feel important. They are not true VPs. It’s like the difference between Captains in the US Air Force and the US Navy.
Layoffs confirmed: Schwab will begin laying off people lacking in critical thinking skills who read this page and believe this nonsense. Get back to work, id–ts!
And you sheep fell for it? Your VP tells you no layoffs until EOY and you just gobble it up like some jive turkey on Thanksgiving Fay. Well whooop di hooop for yous. Yous all’s gullible. Gulleeeeebowl.
Our VP also mentioned that there will not be any layoff at least until end of this year.
We had a meeting with our VP this afternoon. He confirmed there is no layoff.
Layoffs confirmed. Due to new acquisition being announced on 9/22. Schwab being purchased by Apple to help promote new Apple card. Layoffs include 13% of tech sector. Automation coming for new Simplex program being launched.
What does “fur reels” mean??? What does fur have to do with layoffs. Please perform needful to remove this great doubt.
We need more corporate risk like we need more rate cuts.
Corporate risk is also laying off in Sept.
It’s not just for real, I would go so far as to declare “it’s fur reels dawg”. Word dup, aye. Fur reels homes.
Is 9/22 for reals?
I have a doubt on this. Can someone please do the needful to eliminate this doubt?
Is “point of clarification” the new “I have doubt and please do the needy”? Just asking. Pointing of order. Needy needs.
Point of clarification. Is 9/22, September 22 (of this year), or is that September 2022?
STS All Hands next week. We only got a 1 week advance notice. Two items on the agenda: update on eminent TDA deal closure and upcoming wave 1 layoffs on 9/22 the week to follow. Good luck.
Wave 1 of 2 on 9/22 - Several changes in technology platforms with trends towards cloud platforms along with USAA and TD Ameritrade mergers will leave many Schwab engineers between projects at risk during the 9/22 7% cut.
Re-orgs going on in HR. Just heard 3 employees leaving. Would not be surprised to see HR on this list.