Employees affected by the move were instructed to move all of their personal belongings home before the 13th and to plan on working remotely that day. Then on Monday the 16th they will move into the office in their new location. From a logistical. standpoint that is the perfect time to lay a large number of people off. Doesn’t make sense to move everyone first then fire them, and why do it earlier when you can avoid on-site drama.
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It's impossible for Schwab to time everything perfectly. Chalk it up for corporate waste. You are reading too much between the lines. Layoffs in the past are all department based and it will most likely be for this one as well.
@1tlf+1oUCZ2j6, that totally makes no sense from an efficiency perspective! What is their rationale for doing that?
Walt sent out a meeting invite for the 16th in which we can ask him questions and he will provide updates. I believe he only invited managing directors and above to it. Could not risk taking a question from a lower level employee with nothing to lose. I suspect this means that week we may finally learn something.
Management mentioned some logistical things today with locations. Oof.
Ann Arbor is moving around the next week, I was told the restack and the layoffs are moving in parallel. So yeah, real estate is gonna re-do all this in December. :-(
what is wrong with people? how can you use logic and reasoning to make such a prediction?
of course it makes sense, which is exactly why they wont do it then....theyre gonna do it on the day that makes the least sense and will cause the most issues because thats having a challenger mindset
This would happen with or without layoffs. Omaha is a ghost town. This post is garbage.
Interesting. Here we all thought it would be be org but maybe it’s by site location?
Any other locations get similar?