Thread regarding Charles Schwab Corp. layoffs

Another director here

I just found out about this site from an MD. She was also the one who broke the news to me last week. Believe me when I tell you nobody outside of the executive council is happy about this. The meetings I have attended have been pretty heated with a lot of the angst directed at the EC

Unfortunately I echo the sentiment that this is really about headcount and not collaboration. Expect the all hands that are coming to be extremely hollow, lacking empathy and extremely out of touch

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| 3042 views | | 3 replies (last June 21, 2023) | Reply
Post ID: @OP+1ndR3cjv

3 replies (most recent on top)

I'll be laughing at their attempts at damage control when well over 400 employees quit.

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Post ID: @1bve+1ndR3cjv

Heard from an insider they are hoping for 400 employees to quit so the next round of layoffs in February doesn't look so bad

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Post ID: @1byr+1ndR3cjv

The EC is led by 4 old men and a few sycophants. Trust earned in years was broken last Thursday.

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Post ID: @1pvr+1ndR3cjv

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