Thread regarding Charles Schwab Corp. layoffs

Are NERDs in danger?

I’ve only been with CS for a couple months and am the only new member on my team. Are my days here numbered?

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| 1631 views | | 6 replies (last August 30, 2023) | Reply
Post ID: @OP+1om2A3EC

6 replies (most recent on top)

The NERDS on my team will be fine. The contractors are out the door, and maybe some of my senior guys.. we'll see.

I'm actually happy for the 54-56s, the layoffs will mean better upward mobility in 6 months-1 yr. Just hope I make it long enough to promote them.

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Post ID: @hqf+1om2A3EC

D-PL with 20+ years in. I've got twice the odds of getting whacked than OP. MDs and Ds are getting curb stomped.

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Post ID: @hrp+1om2A3EC

I was also scared about getting laid off when I was starting as a NERD. There were so many terrible contractors I worked with and they would get cut then I would be scared I would too. You have the contractor buffer still I am assuming.

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Post ID: @tpe+1om2A3EC

Us former NERDs have been with the company a while and we have received terrible raises and them refusing to promote us as we grow what we have to offer and our contributions. Our engagement is slowly dropping while you are still fresh.

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Post ID: @wgn+1om2A3EC

You should be fine. They will probably target former NERDs like me first or they will target 55-56 since I think that is where they can get the most bang for their buck.

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Post ID: @tjc+1om2A3EC

No offense but you are too cheap to be in any real danger.

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Post ID: @wsx+1om2A3EC

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