Thread regarding Charles Schwab Corp. layoffs

Curiouser & Curiouser

Telltale information is changing in Schwab’s internal systems for high ranking employees. It looks as though the wheels of the great reassignment are indeed in motion. πŸ‘€πŸ‘€πŸ‘€πŸ‘€πŸ‘€πŸ‘€

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| 4261 views | | 17 replies (last September 18, 2023) | Reply
Post ID: @OP+1oDqzVO1

17 replies (most recent on top)

Where Are you finding this? Curious mind wants to know

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Post ID: @2wen+1oDqzVO1

What’s the cost center for β€œfu----g them over shortly”

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Post ID: @1shx+1oDqzVO1

Top management at Schwab really does not care about re org.. it’s just a eyewash. For a company this big, you can’t expect to move few people from A to B and expect miracles

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Post ID: @1tub+1oDqzVO1

its a good time to consolidate orgs and teams, it allows you to reduce leadership headcount.... and gain "synergies"

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Post ID: @1kgl+1oDqzVO1

Yeah I usually memorize the beta id of colleagues, so I can always spot that change on the white pages.

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Post ID: @1jfy+1oDqzVO1

This reminds me of the that old movie... "I see dead people." The OP "sees changing cost centers." I call that coy.

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Post ID: @1dhv+1oDqzVO1

@rek+1oDqzVO1 Staying in CS in the same role for too long ki-ls your soul. Assuming you have been here for a while you probably got passed over for promotions thus no salary improvements, no new projects either. If that's the case I think it is better to hope for layoffs. At least that would put you in a new situation where you will need to act and regain a bit of a control and make positive changes in your life. Stagnation is never a good thing unless you are ready to retire. Just my opinion that is.

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Post ID: @1dkn+1oDqzVO1

OP isn’t being coy ya’ll and others straight up said it on this post. Look in the white pages and you’ll notice that some people’s cost centers and beta IDs have changed. That’s usually an indicator for ppl getting shifted to other teams/orgs. This takes longer on the back end than termination does.

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Post ID: @1mvm+1oDqzVO1

Can I buy a vowel? Can’t solve.

On Schweb.

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Post ID: @1ubx+1oDqzVO1

What exactly is changing? Some search hints?

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Post ID: @emh+1oDqzVO1

I wonder what's sadder, losing your job in layoff or finding out that you are paid so little that you slipped through the cracks of cost reduction.

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Post ID: @rek+1oDqzVO1

Mostly peaceful involuntary staff reduction

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Post ID: @ufx+1oDqzVO1

BETAS

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Post ID: @qfl+1oDqzVO1

Check it out yourselves, WFH Warriors! Do your own damn research.

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Post ID: @ccy+1oDqzVO1

It’s true and it’s at the top so far. Maybe they weren’t lying about the inverted pyramid afterall.

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Post ID: @uav+1oDqzVO1

Cost centers...

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Post ID: @syh+1oDqzVO1

What info is changing?

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Post ID: @xky+1oDqzVO1

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