Thread regarding Charles Schwab Corp. layoffs

"RTO orders look like a way for elite, work-obsessed CEOs to grab power back from employees"

For all of those who have been posting about EC's lack of empathy, disconnection from employees, and calling out demographics; your feelings ARE valid. Because whether you want to admit it or not, this should be obvious to everyone.

https://www.businessinsider.com/return-to-office-mandates-restore-ceo-power-2023-8

Highlights from the article:
"The mandates symbolize the sharp disconnect right now between the way CEOs and employees think about work.

It's all part of a broader reversal in power...

A certain kind of CEO — noticeably skewing male and older, she said — is drawing from this "command and control" playbook as a way to rebuild an employee base that fits their idea of being productive and diligent...

That attitude means certain types of employees will lose out — and return-to-office mandates will likely hurt diversity too if they are strictly enforced."

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| 1501 views | | 4 replies (last August 26, 2023) | Reply
Post ID: @OP+1ogylo78

4 replies (most recent on top)

@1ptf+1ogylo78

Obviously we can't verify due to anonymity and all that. But honestly, I would not be at all surprised if this was true.

The culture of hypocrisy, finger pointing, and deceit trickles down from the top.

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Post ID: @2rxa+1ogylo78

What's ironic is that Walt has been working remote from his home in Ohio for years. He threatened to leave Schwab if he would not be allowed to work from his home State of Ohio - instead of from Schwab's HQ offices (first in SF, then in Westlake). So Schwab capitulated and built a special office for him in Ohio away from all the other executives of Schwab who he only meets with via MS Teams. The sense of privilege and lack of self-awareness is shocking.

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Post ID: @1ptf+1ogylo78

Management: “why do your glint surveys say you don’t feel respected?”

Gee, I’ll tell you when I come back to the office on my pre-selected (by you) days.

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Post ID: @zbx+1ogylo78

Whelp this is accurate and irritating.

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Post ID: @ycx+1ogylo78

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