Thread regarding Charles Schwab Corp. layoffs

24 replies (most recent on top)

Update - there's no coincidence that they signed the Schwab India agreement just a couple of months ago and now we have layoffs. American jobs being shipped over seas.

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Post ID: @28d+1m64x360t

I have a feeling I was let go because I'm remote.

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Post ID: @27m+1m64x360t

Yes It Is. Coming to your D-mbA$$ Manager, Director and MD.

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Post ID: @25a+1m64x360t

@1e8 Because they do so much better than you.

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Post ID: @1zc+1m64x360t

@1w1 STS was one

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Post ID: @1y7+1m64x360t

What departments were hit today?

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Post ID: @1w1+1m64x360t

I, too, was laid off today. It was a ramshackle experience.

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Post ID: @1w0+1m64x360t

@1a8 You were correct.

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Post ID: @1vz+1m64x360t

Yes, I was laid off today.

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Post ID: @1vr+1m64x360t

I don’t know the total, but there were some layoffs today.

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Post ID: @1vg+1m64x360t

LMAO that comment about how things will be better now that TX is a blue state. I’m in a blue state. We have no jobs. You can look forward to that! The blue govt isn’t going to help you. You can look forward to mass layoffs when companies leave your state due to over regulation and taxation. You have no idea what you’re in for TX! Enjoy

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Post ID: @1v1+1m64x360t

@1e9 There are multiple departments that have been meeting with CWA union reps because the working conditions and pay continue getting worse. Now that Texas has turned blue and we’re about to have a pro-union governor, you can guarantee that at least one of those departments will be holding unionization votes.

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Post ID: @1h0+1m64x360t

If there are record numbers and a large layoff, this is a sh-t company to do that right prior to Thanksgiving.
This is what is wrong with America. Plan your staff better. Stop overhiring. Do better, EC and MDs

UNION

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Post ID: @1e9+1m64x360t

Why not lay off all these H1B and Greencard holders? There are so many, it’s obvious FRAUD. You have organizations in STS/Data/Arch/ led and team mostly non-citizen that are taking American jobs.

If they lay off Americans, people should sue for wrongful termination. Make some news.

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Post ID: @1e8+1m64x360t

I’m surprised no layoffs for this quarter took place Monday. Don’t see them doing it too close to Thanksgiving. So it has to be next week I bet.

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Post ID: @1a8+1m64x360t

Cause the company is doing so well the EC needs their bonuses and the only way is to make the little guy pay for it.

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Post ID: @tf+1m64x360t

Yes, they happen every quarter, and it will continue that way.

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Post ID: @t3+1m64x360t

We’ve entered the layoff period now before holidays. Which gives us 3 possible weeks of layoff dates for the remainder of the year. And layoffs typically happen on Mon-Tues.

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Post ID: @sy+1m64x360t

Yes, the plan is everyone with a vowel in their first name will be laid off. If not November, then December. If not this year then next. If not next year, the year after. Would recommend changing your first name to consonants only but avoid hard g sounds since I hear they’re gone after the vowels.

You heard it here first. Take it or leave it.

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Post ID: @hj+1m64x360t

Yes. A big one is coming in November.

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Post ID: @f6+1m64x360t

Yes. Right before Thanksgiving.

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Post ID: @ev+1m64x360t

Yep … soon

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Post ID: @et+1m64x360t

Yes

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Post ID: @dz+1m64x360t

Yes our CTO and CIO are self volunteers to be laid off as when they did their year end self evaluation they accepted their incompetence. Wish their directs also got to the same realization and resign.

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Post ID: @cs+1m64x360t

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