Thread regarding Charles Schwab Corp. layoffs

OP you are free to make that request, Schwab is free to deny it, and you are free to seek employment elsewhere if you don’t like it.

I'm not happy about losing people on my team (to other roles, not layoffs) with no option to backfill. I'll be doing 3 peoples' work- no way around it. Of course I'm going to ask for a raise. They dont have to give it to me, but I'll find another role at Schwab- which happened in a flash for my two team mates because there is no external hiring. No one is trying to be offensive by asking about more money- our jobs are about to get a lot harder.

Read the room bro. Not gonna happen.

10% raise and one day in the office and free lunch when I get there

LOL minimum 10% raise? I want some of his happy pills.

OP is a strait sho-ter with upper mgmt written all over him.

LOL. I needed a laugh. Comedy gold.

No. Asking for a raise in this cost-cutting environment is not a good strategy at this company. I'm not convinced the $500M in cost savings Walt talked about is an end of the cuts.

I dont think people come here to worry about tone or reading the room. They come for answers. I have a feeling performance will play some sort of role if it's between you and another team member, but I'm guessing. Regardless, anyone who makes it through this and takes on the work of those who are let go should feel free to talk to their managers about higher pay. That's my opinion.

Several other posts have stated that we likely have a consulting firm helping and that day-to-day self-proclaimed outperformers, or even annual reviews, are not likely a function of the decisions. It's likely many factors, some of which are likely your total cost vs those of your peers. Just because you still exist after layoffs, does not make you any better than the people that were let go, in the same way, the people that were let go are not any worse on average.

And this my friends is the definition of tone deaf