Thread regarding Charles Schwab Corp. layoffs

Predictions

Walt resigns
Rick is a new CEO
Rene takes some time off to be with her family (forced out)
Joe M retires
Dennis is a new COO
Hardeep is forced out

What did I miss?

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| 2481 views | | 14 replies (last September 16, 2023) | Reply
Post ID: @OP+1oBMbm3F

14 replies (most recent on top)

In Rama we trust. Rama 2024. Rame for CTO.

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Post ID: @2nwa+1oBMbm3F

Head of HR has to change. People STILL reach out to Scottrade's head of HR 6 years after we closed. TD had a good head of HR as well. It makes such a difference. She should be first person to speak in every town hall in current climate.

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Post ID: @1rix+1oBMbm3F

Regarding Renee "Why will she be pushed out?"

Because people are tired of her terse, overtly heavy-handed, 80's style command and control way of doing things.

She has no "vision", her only job is to keep the peasants in line and even that she does a fairly poor job of.

She's beyond useless.

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Post ID: @1jdo+1oBMbm3F

🤣 Rama as CIO. That’s funny! He has done such a phenomenal job leading the development of world class enterprise trading systems. 🤣

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Post ID: @1ddh+1oBMbm3F

If I follow the org chart up a few levels I eventually report up to Renee, but I'll be honest, I barely know her other than all hands meetings from her spare bedroom somewhere. Why will she be pushed out?

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Post ID: @1uql+1oBMbm3F

STS over-represented in this thread. IT is a necessary evil for Schwab. No thinking board member is going to look at STS's performance and conclude that the answer to all of Schwab's problems is exporting STS leadership across the whole enterprise.

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Post ID: @1cps+1oBMbm3F

Rama is being positioned for CTO. Tim is going to be CIO. Dennis will be COO.

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Post ID: @1zng+1oBMbm3F

I keep seeing predictions such as the one posted here by the OP. Is there any evidence to back this up? Has anyone here been in a conversation with the EC or the STS SVPs or Tim/Dennis that would give any validity to this or any other predictions?

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Post ID: @1ukl+1oBMbm3F

Rama should be replaced. He hired too many of his relatives.

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Post ID: @1iax+1oBMbm3F

Rama for CTO is an unlikely move.

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Post ID: @qex+1oBMbm3F

I’m on the street, learning to play Linus and Lucy on the saxophone.

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Post ID: @ioe+1oBMbm3F

New head of HR 100%

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Post ID: @qtg+1oBMbm3F

Tim H. becomes new CIO.
Rama becomes CTO.

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Post ID: @mss+1oBMbm3F

Walt gone for sure too many precarious positions

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Post ID: @oyc+1oBMbm3F

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