How long until Rick conducts his first round of layoffs? Seems like that’s managements only strategy in a down market
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Does Rick dream of electric sheep?
Probably soon I just see some bull that he wrote on LinkedIn about being honored to work with 32,000 incredible professionals how he wakes up every day and feels lucky to work at our firm. Might also have something to do with the $10-$15 million package that he gets which works out to roughly $5000 an hour. These guys are such clowns.... Also quite humorous, how all the MANAGEMENT jumps in and says oh thank you Rakotz I like your comment Rick what a joke. so fake
This.
We might do well as customers move to cash and rates spread.
Had small layoffs every quarter for years. That will continue. A big layoff is increasingly likely but Schwab is not as sensitive to international impacts or capital costs.