Topics regarding layoffs at Charles Schwab Corp.

Topics regarding layoffs at Charles Schwab Corp.

Glass Door Ratings

Rather unusual number of recent activities from "former employees" appearing on Glassdoor. They give Schwab company 5-star approval rating and have one short sentence each under "Pros" and "Cons". Almost a bit cookie-cutter response. Makes me wonder... — read more 

Job Level Change

Anyone else notice their job level change in Worksay? Mine moved down to a 58 which is less in severance

Pro-rated Annual Bonus???

I realize this is probably wishful thinking and something I should already know. If we’re on the corporate bonus plan and our ABO is a significant portion of our total comp, what happens if we get laid off? The year is half over and that’s a good... — read more 

Do the math

So my guess about my layoffs is Aug 3rd or right around that timeframe. I got to thinking if they do the whole 60 day notice thing, Aug 3rd is 60 days before Oct 2nd - first day RTO. So I wonder if they are doing this math? The total number of... — read more 

Be Proactive

I was part of one of the previous layoff rounds. Mine was a Monday morning with an adhoc meeting prompt from my manager. Please note while you don't lose access until that afternoon you IMMEDIATELY lose the ability to send any emails externally. So... — read more 

Medical exemption update

I requested a medical exemption for my IBS and provided a doctor’s note going over my diagnosis and treatment. HR responded by sending me their form for my doctor to sign and a waiver to release my medical records. My doctor will not sign a third... — read more 

I'm sorry to hurt you...

....but look, this isn't a Schwab thing. It's the business cycle of the job market. In 2009 there were no jobs and millennial employees had to look and act picture-perfect to be considered for a cushy corporate job that paid decently. That cycle... — read more 

STS - Tomorrow

So. How does everyone that work in STS feel, going in to a potential day of doom.

This company has ruined my life

I stuck by the motto of always just being happy that I had a job that paid decent. With excellent benefits. 2 years away from that sabbatical.. The stress. Is. Ki-ling. Me. Mentally. It’s imparing me. Physically as well. My husband and I are... — read more 

God our clients are the WORST

I'm so f--king tired of getting yelled at by old people!!! I'm THIS close to snapping, I cant stand clients who call in about the most insignificant things! Like oh I'm sorry your statement was printed on a new type of paper let me just k-ll myself!... — read more 

I'm so tired.

They recently started a new division of client facing teams, and I'm on one of those teams. Tell me why all day I talk to every damn client but the ones I'm supposed to be talking to. I mean, I know I should be grateful I'm employed for the time... — read more 

Inverted pyramid layoff? Are we getting a new CEO?

I'm confused as too the meaning of inverted pyramid layoff. Does this mean they are setting up for a new CEO? I met walt once and he was cool he can be relatable on a human level. I know these are stressful times and I can feel the worry. I hope... — read more 

Zscaler update

Anyone else notice even more websites blocked with the new Zscaler VPN? They just keep cracking down. Can't even access my Google calendar anymore ☹️

My control

I’m not sure about everyone else but I have been super stressed out recently. First, the RTO message really messed with my emotions. I know that they are not telling the truth about our productivity and that their true intentions on bringing us back... — read more 

Branch Layoffs

Any word on if/when branch network layoffs will occur? I’d imagine it’s got to be after the September integration wave but branch leadership has made some really stupid choices this year so nothing would surprise me.

Digital Dissolution

Can anyone make sense of this for me? I fail to see any grander plan, strategy, or tactics behind this new "organization" of "resources".

Door badge

We just saw the report on our team. Corp is monitoring door badges. If you badge in at all, it counts you as being in office for an entire day. That said, this means no handshake deal with your management team. Corp will come down on those not... — read more 

Say no to RTO

I work just as hard from my office at home - if not harder - as I do in an office and I collaborate just fine online. Forcing me to RTO will only serve to ki-l my productivity and my morale. Why is that so hard to understand for those mo--ns who call... — read more 

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