And it’s October. Historically layoffs have occurred in October. I think I’m toast.
Messaging Directors
has anyone else gotten a “slap on the wrist” for reaching out to a director to talk about an issue? i was recently warned by my manager that reaching out to a director and skipping the order of management could lead to termination. isn’t this a bit... — read more
Hope you all post through a proxy server
In case you haven't noticed by now Schwab is defintely involved with this site and it's possibly even a trap set by them. They definitely have administrative access based on the number of posts and comments that get removed. Not so much the layoff... — read more
Are CS&S trainers cooked?
I’m hearing rumors about training material within CS&S being converted to e-learning modules. I’m worried that in-person trainers and facilitators are in trouble
Bets on healthcare premium increase…
How much are they going to gouge us for? Rumor has it costs are astronomical this year… aging workforce and all. I’m guessing a 50% increase in premiums and a cut to their HSA contributions. What do you think?
Layoff season is upon us
It was the night before Q4 and all through the house, workers are scared as a mouse. STS has efficiency gains on the horizon with AI sanctioned as the Zion. But In all seriousness. Cost cutting headwinds feels like Q4 is setting itself up as a... — read more
Optics Over Outcomes
Genuine question - Does anyone even find themselves productive in the office? Not here to rant - actually just genuinely curious. My in office days are filled with trying to tune out an outrageous amount of noise and side chatter about sports, etc... — read more
Ugly new logo
Looks like a new logo is rolling out across the mobile apps and it's so ugly. Major downgrade. I will now refer to us as SHH W-B
Real story
Four Schwabbies get into a car. The car won’t start. Director: We should reduce headcount. Manager: It just needs a coaching memo. HR: Have you tried asking it to start? NSD: Let's all get out of the car and get back in.
Stock options
Anyone still have theirs? What did you do - buy or sell?
In trouble?
I have a meeting with HR tomorrow and I don't know why. All my stats are good, meets+ for sure. Any advice?
Schwab Gossip
Ok, so I've heard the big conspiracy is that Big R will be out in 5 years and daughter Schwab is going to swoop in and save the company, again. What totally wild rumor have you heard?
Closing the cafe at 2?
Why would they close the cafe at 2, like so many employees don't work after 2pm.
STL location.
Victim of consolidation 2 years ago. What’s been in happening in STL since then? What are long term plans?
Some good news for American tech workers
https://www.reuters.com/business/media-telecom/trump-mulls-adding-new-100000-fee-h-1b-visas-bloomberg-news-reports-2025-09-19/ Need to get rid of the whole program since there is no longer a shortage of American tech workers.
Oct Layoffs
I'm hearing rumblings of a new larger layoff coming up next month. Does anyone have any idea of what business segments will be impacted? Joel Osteen aka Rick seems to be channeling his McKinsey lessons from the get go
What happened to this place?
This used to be an amazing place to work. Now, you can feel the fear every day. People whisper, avoid eye contact, and no one wants to stick their neck out. It’s exhausting just being around it. I think full RTO would cause me to quit just so I can... — read more
A different kind of “thanks” to Schwab management.
I was laid off a couple years ago from at Schwab. And I admit that at the time I was pretty worried about my future and aLeo angry at the sleezy shenanigans that went down in my management chain that got me on the list. But you know what? It... — read more
A Wall Street Journal Article. One way companies (like Schwab) are encouraging attrition
Job Hopping Is Out, Job Hugging Is In for Fearful Workers Employees reluctant to give up job in today’s rocky job market Callum Borchers Sept. 3, 2025 9:00 pm ET They don’t seem happy, they don’t give 100%—and they don’t quit. Cranky workers are... — read more
Now that RTO has been a reality for a while
Do you know anyone who actually followed through on their threats to quit over it? I personally don’t, but I wonder if even a small bump in attrition happened because of it, or if most of us just decided to go along with it.
Are they done with layoffs?
Should we worry about tomorrow?
Layoffs Today - 9/8/25
There were layoffs today. Making a thread to discuss.
Haikus about life at Schwab
Someone wrote a really great poem as a response to a post here. That got me thinking, what if we have a Schwab Haiku contest? Who's in? Here's my entry: Schwab's strength in numbers, Guiding clients through life's summers, Investments thrive.
RTO appears to be mostly failing as the attrition tactic
I was forced back to the office and I’m doing my best to comply, even though the commute is barely manageable. From how RTO was rolled out and is being managed, it feels like leadership hoped people affected would be the first to bail. But most of... — read more
Schwab India
Anyone else expecting layoffs after the India office is made? I’m sure they want to hire them more since it’s cheaper.
The mood in the office is terrible lately
People are dragging themselves in, barely speaking, and you can feel the frustration in every meeting. Everybody hates being there. If leadership keeps ignoring it, I don’t see how the company makes it long term. Low morale always comes back to bite... — read more
Schwab stock price down ~6% & recent jobs report!?
Dismal Jobs Report and Schwab Stock price down by ~5-6%. Are we seeing Rick’s cost cutting approach backfiring or strategic? Will possible Fed. rate cut even matter?
How to give real anonymous feedback?
Is there a way to give real feedback on leaders without it being tracked back to us like an anonymous email server to the firm somehow? Feel like we are going to be in a bad spot if we can’t speak freely about what we witness and life will never get... — read more
Meeting number five today
Every single one with each person sitting at their desk bored out of their minds. Can we admit RTO only makes sense if everyone moved to Westlake?
Just a reminder that Schwab is a flaming pile of trash
and you can do much better. Go work at a company that actually values their employees.
Recent College Grad Afraid of Layoffs
Hi all. I would appreciate helpful and constructive criticism, not bullying as I have seen in some posts here. We can all remain civil while being in disagreement. I worry about layoffs and this is my first corporate job. Does Charles Schwab always... — read more
Hearing another round of Layoffs being planned
We are hearing Schwab is planning another round of Layoffs by Year end, is there some truth to it ? We know two major Orgs have Merged AST and WAM, not sure if it’s limited to it.
Westlake entrance and parking situation
Who else strongly feel that company HQ should fix their entrance + parking chaos first before calling more professionals back to office? The single 2-lane entrance the is crossed by walking construction workers is frustrating/dangerous in the... — read more
Westlake Entrance/exit and Parking Mess
Who else strongly feel that company HQ should fix their entrance + parking chaos first before calling MORE professionals back to office? The single 2-lane entrance the is crossed by walking construction workers is frustrating/dangerous in the... — read more
Offer
Somebody I know had an offer pulled by Schwab a week after he accepted it, no proper reason provided. Does anybody know why this could have happened?
We made it another week...
Posts here get hundreds of views. Social media statistics indicate only 3% engagement. (Of 100 viewers there's 3 commenters) And then there are comments deleted "magically". I don't have a point. Just acknowledging the engagement and concern. I see... — read more
Internal Bias
There’s been some chatter about internal roles being posted with a ‘preferred candidate’ allegedly already in mind. Supposedly, certain leaders have a reputation for giving opportunities to people in their inner circle, and many employees feel it... — read more
Tired of pretending to care
I stopped putting in extra effort a while ago. I just do my work and unplug, no more doing anything late. Whatever happens next, I’m ready to move on. The way things are going, it feels like we’re all just waiting our turn.
Any news on additional cuts?
Do we have anything new on what might be coming our way?
Healthcare plan
I heard they were ditching it and instead going to give us $2500/$5000 on Jan 1 to put towards purchasing health insurance from the state exchange. I went in the web to see how much that would cost and it's over $1800/ mo so that's not even 3 mos... — read more