Schwab’s EC pi---s off, alienates, and demoralizes the employees. Major reorg and layoffs happen.
New CEO and EC members emerge with statements like “we’re sorry those horrible people did this to you. We’re here now, we’re different, and we’ll work hard earn your trust us and love Schwab once again!”
And, of course, people will lap these statements up like little puppy dogs.
The end.