Thread regarding Charles Schwab Corp. layoffs

Any more layoffs in near future?

Would like know any more layoffs in near future

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| 1992 views | | 5 replies (last November 2, 2023) | Reply
Post ID: @OP+1pnpiPUL

5 replies (most recent on top)

Yes, they are working on this

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Post ID: @1wnu+1pnpiPUL

No matter where you work there are always risks of layoffs; what they say means nothing. There is no certainty. Take responsibility for your own future and your employ-ability. Check job boards now and see how competitive you are for those required and preferred skills. Doing great, then great. See gaps? Fill them now.

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Post ID: @1dfd+1pnpiPUL

Yes, after the last TG

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Post ID: @lua+1pnpiPUL

Unless the market or Schwab tanks, there shouldn’t be. The other $500MM is from TDA unwinds and real estate savings.

Going through another round would make no sense given current circumstances.

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Post ID: @jow+1pnpiPUL

Q1, likely 800-1,000, selected based on role and reorg.

After that continuation of the quarterly process with 100 to 300 each time.

We have a lot of changes coming. Don’t fear being let go. Be ready for it.

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Post ID: @apt+1pnpiPUL

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