Thread regarding Charles Schwab Corp. layoffs

Corporate update meeting showed how little they care about us

The silence on layoffs is totally tone deaf, besides everything else in that "update". They know this is on the top mind for all employees, and not even mentioning it is sad. At least they can say a few words like we still working on it, we know this causing stress.... even with no substantive info they can share.

100% what @xto+1pe3EI1f said.

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| 1991 views | | 6 replies (last October 25, 2023) | Reply
Post ID: @OP+1pgnGVUq

6 replies (most recent on top)

‘I know everyone is anxious….’ Do you? have you walked the floor in Ops in Phx, CO, or TX lately. PC took umbrage and then wilted under the RTO question.

They don’t care about the environment they’ve created. Nothing will come of the EC Glint question, they will put no action plan together to address anything.

ONE thing you can count on, after it’s done, and the various reorganized happen YOU will have execute the efficiency gains and synergies Walt promised shareholders and the media.

Oh sorry, TWO things you can count on: Walt will use ‘compassionate’ in his company wide email after the cuts happen…

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Post ID: @nun+1pgnGVUq

everything they do about "one schwab" and talk about values is pure rhetoric. it means nothing. holds nothing. and is just to say they did.

my advice to everyone (since they announced layoffs) is to get out. there are better jobs out there, that actually pay what you are worth, and with much better benefits. it takes tome to get a new job... it does. so start now. because this mess is only going to get significantly worse with the teams and leaders getting shuffled and RTO ... not to mentioned theyve made it pretty clear bonuses will be small next year and promotions will be nonexistent

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Post ID: @yja+1pgnGVUq

If PC makes 20 million a year, then he made $10,000 just to sit there in the town hall and read a script. When he joked/complained that the other leader got the easy question and he got the RTO one I was so done. Our reps on the phone answer much harder questions from clients every day and its going to get worse.
Isn't a town hall the right time to ask something as uncontroversial as if RTO is still on track? Aren't leaders supposed to be able to talk about if we'll have workspaces at the very least? No ones blowing a whistle- they're asking if we'll be in offices next year!

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Post ID: @xoz+1pgnGVUq

They’ve been showing us most of the year that they don’t care about us.

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Post ID: @gxb+1pgnGVUq

Peter said they know how we feel about all the disruption of cost reduction and RTO.

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Post ID: @idu+1pgnGVUq

I said it in another post, but Crawford is an a-s for his comments about how we should disconnect if we were only there for updates on the layoffs. Goes to show that self-important, bloated m-fer has never feared for his family or his own livelihood. There is some kinda Stephen King karma here just waiting to be written.

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Post ID: @bst+1pgnGVUq

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