Not going to say which group but I have a manager whom I and my whole team loves. NEVER had a better manager in my life, noticing tho that they are having subtle differences between now and when they first started with our group. I first started... — read more
T2 no longer a sought after spot
Curious if I’m the only one whom thinks this but T2 in CS&S is just going down hill, I keep hearing over and over the negativity and downright pompous attitude from managers whom teach it to their people. It starts at the director level and we see... — read more
When is the next mass layoff ? Any News ?
Given the market turmoil and a possible looming recession when will the next big layoff be at Schwab ?
Just wondering
Will Chuck disavow, or his granddaughter resign, the administration now that we have Signal2 and constant demands on the Fed? Of course not. But I’m not sure what it would take if not this.
Who's volunteering?
Seriously - this is supposed to be a great benefit but when is their time for this?
Schwab long bond issues resurface!
Schwab long bond issues resurface!
Understanding Schwab’s Vendor-Based H-1B Hiring Strategy
I’ve observed that Charles Schwab appears to be engaging a significant number of H-1B professionals through third-party vendors rather than hiring directly as full-time employees. As a prospective or current FTE, I’m curious about the strategic... — read more
Chuck at White House
Anyone else think the recent reddit post about Chuck at the WH is a marketing blunder? Trump crowing about how Chuck made $2.5B during recent market rally makes the company look shady. Trust lost in a moment?
Does Schwab have a compliance department?
I’m confused—how is what happened in the Oval Office today not considered insider trading? Trump openly bragged about making Charles Schwab $2 billion richer, while Chuck stood there taking it all in. If that’s not a red flag for market manipulation... — read more
Schwab was lounging in the rose garden yesterday
Schwab was lounging in the rose garden yesterday and getting praises from Trump.
Tariffs
The price of everything, other than oil, corn, and soybeans, will cost an additional 10 percent after Liberation Day. Stuff from China will now be more than double its pre-Lib price. I'm expecting a 10% staff reduction right around June 30. I plan... — read more
Charles Schwab
Does Mr. Schwab ever swing by some of the Southern Florida offices occasionally. I'm curious his opinion about how his company is operating and Trump Tariff F-u-ckups.
I wish Schw to go to 30
To Management, I wish Schw to go to 30. From a laidoff employee.
TDA bonus percentages ARE higher
Surfacing a sub-discussion from another thread… yes, in general, the TDA folks get a higher bonus percent. Happy to hear whatever you are willing to share, but I am a Sr Manager (non-PL) who gets 20% - my understanding is that is a Schwab director... — read more
What do you think of the meeting/collaboration at Schwab?
Trying to see if it’s just our team or the culture.
Kick Walt out
Why are we paying this b-m to be on our board?
Incompetence wins
The majority of so-called managers at Schwab couldn’t lead their way out of a paper bag. Always quick to throw the team under the bus when their own terrible calls blow up. Feels like working with a bunch of clueless kids, and I’m truly too old for... — read more
Schwab recognized as a winner of the 2025 Gallup Exceptional Workplace Award in Strengths category
Charles Schwab has been recognized as a winner of the 2025 Gallup Exceptional Workplace Award (GEWA) in the Strengths category, acknowledging its focus on employee strengths development and creating a thriving workplace culture. They have it posted... — read more
Layoff.com deleting many threads
Not sure why...
So many useless Managers, MDs and Directors in STS who don't know anything.
Why do we have So many useless Managers, MDs and Directors in STS who don't know anything. They are not Problem Solvers, Absolute Zero Programming or any Coding Skills for that matter. Their People Skills are on the Negative Scale. Why are they here... — read more
STL “Org Changes”
We’ve been told there are “org changes” underway today that primarily affect CS&S Core pros in St. Louis. Has anyone been notified of these changes? Any ideas on how many folks are impacted by these changes?
Pointless Acquisition
Looking back at this purchase in retrospect. What did Schwab gain in purchasing TD Ameritrade. Seems like a waste TD Advisors still upset with a less intuitive product / Schwab Advisors upset when they get different answers when calling
Job hunting so should I cross Schwab off the list?
Job hunting rn & a friend who just got hired @Schwab said the manager of his hiring manager told him they’re planning to enforce four days a week in-office for everyone starting Jan 1, 2026—no exceptions. I started my career right before COVID &... — read more
Meat grinder with zombie employees low moral
Walt Bettinger and his team of sycophants have been drinking at the trough for years at the expense of employees. Several years ago poor investment by the firm led to severe financial issues. Staff already underpaid were severely affected with 70% of... — read more
Rick plotting
How long until Rick conducts his first round of layoffs? Seems like that’s managements only strategy in a down market
How many jobs were outsourced by Schwab
How many jobs were outsourced by Schwab since COVID. Let's put this together and send it to Trump and DOGE. Instead of creating jobs here Schwab sent most of the jobs offshore. Before COVID onsite job count, offshore job count Current onsite job... — read more
Ethics concerns/conflicts of interest coming?
The end of the CFPB. Lots of other regulators getting cut. How long before we start seeing major conflicts of interest? Starting to wonder where is the ethical line for employees - like what actions would our overlords have to take to make me quit?... — read more
Is SCHW going to 30?
Is SCHW going to 30?
Tableau - STS layoffs
Who runs tableau, specifically myservice? Have they been laid off? Why has the data not updated? Entire departments rely on this information, the fact that we are a call center and pushing to be lean, it’s mind blowing that someone still has a job... — read more
Something's definily up
My manager told me a month ago her manager is moving to Westlake. Today my manager gave her notice. Both of them and me are in Austin. Other colleagues here in Austin and in Phoenix have told me it's because they're closing the office here next year... — read more
What should I expect for a pay raise this year?
Still waiting on my review. just curious what % people received this year
March 7 Attrition
Curious if anyone has heard about personnel in their enterprise that are collecting their bonuses on March 7th and leaving the firm. I overheard of several people today that are leaving after bonuses are paid out. Someone also mentioned that this... — read more
T2 worth it any more?
Been seeing more posting in CS&S around T2 postings lately, curious the culture there. Of the leaders I’ve met it seems like maybe it’s worse than staying on the front line. Is there a way to know for sure the leader you will get, don’t want stuck... — read more
Schwab not recruiting laid off employees?
Schwab not recruiting laid off employees?
Any other good brokerage accounts besides Schwab
Please give me pros and cons. I hear Fidelity automatically gives you a higher yield on your cash compared to Schwab. With Schwab you need to move the cash to a money market fund to get the same. You can take advantage of quick buying opportunities... — read more
A Bit Tired of the "Reverse Discrimination" as Pertains to DEI - Here are Facts
I understand that DEI initiatives can sometimes feel like they prioritize certain groups over others, but that’s actually a myth. It’s important to understand what DEI actually means: • DEI is about expanding opportunities, not excluding anyone. It... — read more
Schwab 2025 and layoffs D
I understand this board is for discussing layoffs but layoffs don’t happen in a silo. A company’s culture and leadership decisions tell you a lot about who makes these calls and why. IMO Schwab’s leadership has shown a pattern of behavior worth... — read more
Heavy recruiting
I’ve recently been bombarded by recruiters reach out about Schwab roles. Came over here and seeing heavy activity on lay-off website. lol What’s the deal?