Thread regarding Charles Schwab Corp. layoffs

Peak Restack

Hmm is the restack at the Phx Peak showing either terrible timing (left hand doesn't know what the right is doing) or great timing (their desk is already packed...). Anyways, I'm either moving desks or moving out next Friday lol.

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| 2751 views | | 11 replies (last October 26, 2023) | Reply
Post ID: @OP+1pbB9UA0

11 replies (most recent on top)

Phoenix, including South Mountain and The Peak, are 263 seats short after planned RIF numbers have been included. I wonder how they will resolve this by 1/2?

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Post ID: @6zax+1pbB9UA0

Restacking is happening regardless of RIF. Large campuses cannot wait around, facilities teams know just as much as we do... there will be layoffs sometime and there will be RTO on Jan. 3. They cannot sit and wait.

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Post ID: @3xez+1pbB9UA0

The layoffs will happen 10/24. So this makes sense.

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Post ID: @1lqi+1pbB9UA0

Yes @ntg+1pbB9UA0

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Post ID: @1ibx+1pbB9UA0

Why in the world would they restack and move employees that might be laid off a week or two later. Truly remarkable how poorly things are timed. Hold off restack for 4 weeks and do it once cleanly. Delay RTO a week or two if needed, that would be free.
I can see where all the financial malfeasance comes from.

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Post ID: @ogk+1pbB9UA0

Hopefully the layoffs happen before the restack...

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Post ID: @kva+1pbB9UA0

Don't disregard this one too fast. There is also a restack in at least one other location next Friday.

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Post ID: @ntg+1pbB9UA0

nah it is important to do multiple restacks around the holidays because that will bring work teams closer together. Workers need to be at work, not with their families, thats why so many orgs tell us we are like family!

sitting in a cube for several hours a day while also sitting in your car and only spending a couple hours at night and maybe on the weekends with family and friends isnt the right thing to do. being at work is the right thing! more work means a better life! work more and get 3% salary increase instead of 2.8%!! do a good job and you reward will be more work! work work work!

i hate this place

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Post ID: @eea+1pbB9UA0

It’s laughable how many restacks we’re going to have to go through because we can’t even wait until the layoffs are finished before executing on them.

How many jobs could have been saved by only restacking once? Hmmmm.

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Post ID: @slk+1pbB9UA0

Walt takes his cues from Elon.

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Post ID: @qio+1pbB9UA0

Certainly the restacks and builds are saving significant amounts of money…

Oh. They cost a lot?

Well, allowing divisions to manage their RTO, reflecting how successful remote work was in the largest financial services merger with telecommuting, would negate restack costs…

What are we doing again?

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Post ID: @yxx+1pbB9UA0

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