This could be rumor, but September 18th may be the target date. We will see if that pans out.

If you work at schwab there is info under "severance" and you can read the details of packages. basically you get 2 months paid plus 2 weeks for every year of service.

Do you think Schawb will be laying off people here at USAA once the acquisition is complete? How about the IT group?

This is a master thread about Charles Schwab Layoffs in 2019?

I hear there might be a big reorg at Charles Schwab and that even more work can be sent offshore. Now, this is just what I heard and I am not sure how reliable this info is but in my group people think that up to 50% of us might be made redundant... — read more 

Do you think we'll have layoffs in San Francisco.

What is the likelihood of Charles Schwab layoffs in San Francisco in 2016? Please let me know if you have any information.

I hear many rumors that the IT group will be going through a major reorganization in Q1 of 2016. Now, I know it's too early but knowing how things work in Schwab I would not be surprised if they outsource another piece to India or something like... — read more 

Employee Engagement is a great focus. Senior leadership open and willing to provide mentorship, coaching and support. Lots of chances to learn and grow your depth of experience. Developed long term relationships with senior management that continues... — read more