Schwab leadership believes they can cut their way to profitability. Because that worked so many times before for so many companies (spoiler alert: it didn't). Can we get rid of the joke management we have now and get some true leaders to run this... — read more 

I know promotion is probably the last thing on people’s mind now but I want to get some insight to cope with my situation. My manager has been trying to get me a promotion for about a year now. With the salary transparency/fairness act in place in... — read more 

Take them back. God please take them back, they are so STUPID

https://youtu.be/fFb0hWSy9Fo?si=MM8z36jJWwNU5KCE

How much do you have in savings to be so blase about layoffs? I haven't been able to sleep properly in weeks and there are people who are going on about it like nothing out of the ordinary is happening. Please, tell me, what kind of a safety net do... — read more 

Which IO area and leader is the worse? I see each MD have their favorites and protect them even if they cross the lines with employees. CP, DL and MM to start with say they team players but are only in it for themselves.

When colleagues and I were converted from contractors, we received a non negotiable salary offer that was identical to the contractor rate, plus or minus $10k. I'm curious if these elements were the same or different for others. Share your info if... — read more 

Just looked at the reviews in the app store since the TG, and they are overwhelmingly negative. Anyone know how the different mobile product teams will be affected in layoffs? TDA only had 2-3 mobile scrum teams compared to Schwab’s 25+.

Login this morning to an email from STS/CTS for a free pick from sugarwish . com. We work our a%%es off for this conversion, long holiday hours and you gift me Two cookies, YES literally 2 cookies!!. What is this kindergarten?? If you actually... — read more 

I constantly feel like I'm not prepared enough even though I think I did everything I could do in this situation.

You can't just drop the layoff bo-b on us and then act like it's business as usual. You can't expect us to keep working like it's any other day. We are people, not robots, and stuff like this affects us. You can't just expect us to shrug it off and... — read more 

This is an interesting read regardless of which side of the RTO aisle you’re on. https://www.bloomberg.com/news/features/2023-09-04/what-the-return-to-office-looks-like-globally?srnd=work-shift?utm_medium=social

My resume is ready and I am actively applying. Thank you for reading.

That is only one of the things that will change for the worse for the company once I start to RTO - or let me rephrase that, once I'm forced to RTO.

Congrats on the TG everyone! You worked hard to make this the most successful conversion in our industry’s history. The EC truly appreciates the time, effort, and dedication you’ve put forth to ensure this was an epic success. Yes, most of you will... — read more 

How do you think things will play out for impacted colleagues? As layoffs will be in the thousands, I am thinking it'll be a meeting of some kind, probably scheduled a few hours before, during which they will remove all access and at the end of... — read more 

Interesting article. I think we would agree the housing market is bad, this article says it would be even worse if people weren’t working remotely. https://www.cnn.com/2023/09/03/homes/remote-work-housing/index.html

I thought the point of these layoffs is to save money, right? Then why are we still hiring people left and right? Just look at the number of open positions that are being advertised - it's in the hundreds. Can somebody please explain to me how is... — read more 

Are you guys doing ok?

Just found out about this. How is this getting funded?

The lack of transparency, telling us one thing and doing another, announcing layoffs then letting us wait... All of this combined is aimed at getting people to realize the stress is too much and to leave on their own. This is all intentional, just to... — read more 

I've heard each of these from many people around the water cooler. Our company balance sheet is not healthy. We need new leadership. Hard working employees will be severed, those left will pick up the slack and suffer reduced bonuses. It is... — read more 

Do you think will sink the layoff plans or make it worse due to losses ?

Does anyone have any insight on what might happen with SWA, or any rumors about layoffs in the SWA department?

August 21, 2023: "Charles Schwab Corp. just signalled that mass layoffs across the United States are baked in the cake and imminent, while office closings will mostly follow next year, according to an SEC 8k... — read more 

When I was laid off, leader scheduled a call at 8am (was 7:30am when I received the meeting request - was working from home). Joined the call (it was just the two of us). It was scripted and leader read from a script and told me it wasn’t an... — read more 

Got 25 dollar doshdash giftcard from AST Leadership.

You can’t make this stuff up… After what we have been though with RTO and the anxiety of layoffs, our “leadership” has the nerve to ask people to stay and work OT for TG3? America is currently in a silent depression where the middle class is being... — read more 

I think our leadership should remember that from time to time since they keep making decisions that will impact the company negatively down the line. Just saying.

I would start there

For those of us newer to Schwab or from TDA, what are the skip meetings like, and do you think they’re really a precursor to layoffs, or is that overblown?

Burning all mine Seems like my team is too. 2 days per week

People Managers or MDs, I believe that MS teams has some basic productivity metrics or at the least, Schwab has some other 3rd party WFH productivity metrics. Presumably, do they have some metrics for time active vs. time reported metrics? Do you... — read more 

These RIFs are causing productivity, quality, and morale to plummet. It's most likely going to hurt revenue too, in the long run. It needs to end.

Who really thinks STS has what it takes to build and maintain industry standard apps?

I’ve only been with CS for a couple months and am the only new member on my team. Are my days here numbered?

Which Team are effected in Lone Tree and Denver area? Schwab have big center in lone tree.