Thread regarding Charles Schwab Corp. layoffs

Any FCs getting the jitters with the news?

Seeing as we already have our call campaigns in action, let alone numerous client events already on the calendar. Do you think there will be a big impact on the FC roll?

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| 1291 views | | 3 replies (last August 22, 2023) | Reply
Post ID: @OP+1oeHYRiC

3 replies (most recent on top)

Unlikely for anyone in relationship management to lose their job at least for now. If they planned on cutting fc’s they’d gut FC support first like Financial consultant assistants and partner support.

Branch closure and synergies might be a different thing. I can see some branches closing due to absentee markets or proximity to other locations (such as a former TD location and schwab location being within the same county).

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Post ID: @hha+1oeHYRiC

FC here. Simple answer is no. I make money for this company, far more than I’m paid.

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Post ID: @hjs+1oeHYRiC

Blue FC myself here. With SPCS and SPWS unveiling, call campaigns like you said and just everything else, I can’t see them getting rid of FC’s. IF anything, green FC’s but even that is a stretch. Or I’ll get canned who knows

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Post ID: @cnp+1oeHYRiC

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