I just want to make sure, we are certain there will be no additional cuts this year, right?
9 replies (most recent on top)
Because the EC said so? I need to log to in and not do any work so I don't have time to list all of their lies, but this is probably another one.
I know the details but I am under an NDA.
No one here knows. Nothing has been publically announced, but this site has plenty of "brothers of Directors who worked with someone's wife's manager who said there will be layoff's in _____________."
Starting Jan 3, we plan on many not showing up 3 days a week. My EC partner has given you a taste of what to expect if you don’t show up.
Along with contractors not being renewed and no more professional services, that will feed further unreported attrition. So enjoy the holidays until the organization changes are implemented next year. If you don’t like the change, I’ve seen ads for jobs at Fidelity so feel free to apply.
Yours truly - EC
Public statements would indicate that there are no more this year, followed by another round of fewer people in Q1.
Read the filings and consider who is running things. With Rick coming in we need to expect more cuts and a focus on cost reduction. It’s his DNA.
I'm being told May 2024 is the next round.
wrong place to ask... but thats the rumor... again, rumor... nothing factual.
Only EC knows the answer to that. From what I know there will not be anymore mass layoffs this year but Schwab lays people off year round.
Realistically, nobody here can give you this information. Only the EC can.