More Schwab employees need to be made aware of this site!
Spread the word!
Schwab stock is up around 57% since layoffs.
That’s all they care about.
They don’t care about any of you!
10 replies (most recent on top)
All clients need to do is get on this board to see how badly run Schwab is. Bunch of clowns pretending to know how to invest. The ones who know investments have already left.
Exactly that's why I don't do any work.
"Seriously, the board attracts people who were let go."
From my experience being on this board for over a year is that the vast majority of the posters are current employees with a few who have not yet found new jobs after the layoffs.
I don't believe the 99.9% is highly exaggerated. The only ones who are content are the very few who were essentially granted permanent remote roles and/or received the biggest chunk of the bonuses. You get the "pick me's" gushing during meetings and all hands (ugh), but same employees are complaining outside earshot of management.
The EC's current playbook is not sustainable. Without investment back into the company and its employees instead of buy backs and huge EC comp spikes, clients will continue to leave. Stock price will decline as there is only so much "expense reduction" you can do to exaggerate company performance.
@1ydi+1szP8Nhh. You agreed with him. The person you called id--t. What does that make you? (We know what it makes you.)
- 9% are negative (exaggerated, but it’s high) because the company is negative. He didn’t think it was one or two. No one thinks it’s one or two. Seriously, the board attracts people who were let go. Only an HR wag would try to spin it being one or two.
"Says the clown who bashed the company by posting (and coming back) here. SMH"
@1zzp+1szP8Nhh - thinks only one or two people are writing negatively against Schwab. What an id--t. 99.9% of this platform are anti-Schwab. Even clients are posting terrible things about Schwab. Does this fool even know the toxic culture or drop by the office once in the while to see what is really going on at Schwab?
Layoffs and headcount reductions in order to improve financials isn’t new, the market and the investors know all this… Fact that all of you come back here to trash the company and hope it suffers, it’s pathetic. There’s still a lot of good people employed.
Wait for the nose dive when it turns out the savings are from headcount cuts. Watch for the revenue shortfalls when client wise up to the Schwab model and move their accounts to follow their advisors who are now working at Chase, Fidelity, Wells Fargo, etc.
Says the clown who bashed the company by posting (and coming back) here. SMH
Layoffs and headcount reductions in order to improve financials isn’t new, the market and the investors know all this…
Fact that all of you come back here to trash the company and hope it suffers, it’s pathetic. There’s still a lot of good people employed.
Wait for the nose dive when it turns out the savings are from headcount cuts. Watch for the revenue shortfalls when client wise up to the Schwab model and move their accounts to follow their advisors who are now working at Chase, Fidelity, Wells Fargo, etc.
Wait for the nose dive when it turns out the savings are from headcount cuts. Watch for the revenue shortfalls when client wise up to the Schwab model and move their accounts to follow their advisors who are now working at Chase, Fidelity, Wells Fargo, etc.
Upvote for Simpsons reference!
This. So much this.
The good news is few thing Schwab is their friend. The rif following years of TG broke the illusion.