https://www.cnbc.com/2024/09/16/amazon-jassy-tells-employees-to-return-to-office-five-days-a-week.html
Q4 Layoffs
Starting to hear water cooler talk that the lists are being aggregated as we speak. For those impacted I hope that's in November and they are bonus eligible. Not clear on size. I'm guessing it would be enough to stay under the public... — read more
Can we go back in time?
What are the chances of resurrecting the company culture where employees matter? I used to love my job. Maybe some of you will not agree, but to me, this was a great place to work for. It's the last several years that things have gone to he-l. The... — read more
Tech :- Charles Schwab Adopts PostgreSQL (With VMware Tanzu)?
From NO-SQL , Back to SQL. does not mean we will remain the same? Problem is not tech, problem is Same team doing same work on same system for decade they needed to be slowly replaced or moved out Schwab Do not allow any old team member... — read more
Wichita Falls…
What happened with Wichita Falls
Ann Arbor… What happened with Ann Arbor
What happened with Ann Arbor
Colorado Springs…
What happened with Colorado Springs
211 is safe... 🙄
Current lease 2028. And rather than use the committed space? Look for tenants in a down market! Genius!! Who needs layoffs with such business acumen? Blackstone Closes Loan Extension On San Francisco's Schwab Building After Defaulting Blackstone... — read more
4 days work from office coming - starting Jan-2025
4 days work from office - starting Jan-2025 Mon-Thu
Investors Sue Charles Schwab Over Low-Paying Cash-Sweep Accounts
https://www.barrons.com/advisor/articles/investors-sue-charles-schwab-cash-sweep-f39e4151?siteid=yhoof2
Why be are keeping service and contractor in Harness Next gen?
Question is simple , but any insists by Harness Next Gen team? Service are worthless team they have only one goal in life Get PR by hook or crook, service company should be punished for sponsoring such non-tech people in tech industry.
Was there a layoff today?
There was ac management shift in STS today. Was this a mini layoff?
Is any executive ever held accountable?
With 3 major outages for long durations, has anyone running their infrastructure been held accountable? Outages that miss the open our last for hours is unacceptable. You waste ridiculous amounts of money with redundancy after redundancy after... — read more
Stock Price
Can you at least get the stock price up so we can cash out. Those of us who received key contributor stock awards for being great employees and then were laid off for who knows what reason could really use it right now! Jobs are scarce 100+... — read more
What a year
Lay offs transitions, RTO, tech issues, overworked frontline. Now it seems that we cannot take vacation in the month of December which has not been the case in the past. Probably because Schwab is too cheap and will not hire more frontline... — read more
Higher paying roles
I’m looking for a higher paying individual contributor role at Schwab in back office/operations. I currently make ~$60k. Are there any six figure individual contributor roles in back office/operations? I am also open to non-operations job. If you are... — read more
Morale amongst phone reps
I work in a position where I rely on the phone reps quite a bit. 5 years ago, you’d call some specialist department and get in depth knowledge beyond what they were paid Now you call, most of the time the rep is audibly pi---d off and you feel they... — read more
Rephrase: Schwab should fire their entire EC team.
…and two levels down.
Schwab establishing office in Hyderabad India.
More local jobs will be lost.https://www.thehindu.com/news/national/telangana/leading-financial-services-firm-charles-schwab-choses-hyderabad-as-prospective-location-for-its-first-tdc-in-india/article68500046.ece
The layoffs everybody keeps mentioning
I keep reading in various threads about coming layoffs but there's no concrete info on when it might happen or what will be hit. I'm stressing over it and I don't even know if it's true. Is there a round coming or are people just speculating on what... — read more
Schwab Should Fire It's Entire IT Department - Client Here
Schwab Fire Your Entire IT Department - Client Here. Client Brokeage Systems That Are Consistently Down. Client Brokerage Systems Down Several Times In The Last Several Months - All Day Long. Client Brokerage Systems That Are Slow And Occasionally... — read more
EC Negativity
I don’t like the negativity towards the EC. They all have families too and are doing their job to provide.
Nice try Schwab HR
So I assume everyone that was laid off in Oct got this Glint survey request in the mail? PFT, do they really expect anyone to complete one more glint survey 9 months after you showed us the door? My only comment would be thanks for the severance!... — read more
So happy to be somewhere else
Landed a gig outside of finance and couldn't be happier. It is amazing how toxic Schwab was. Not every place is like that. Get out as soon as you can. The downward spiral will continue.
Cracking down on RTO
Metrics on badge swipes and timesheets are starting to trickle down to the managers. Curious on what actions they’re going to take on employees who refuse to comply. People say RTO su-ks and is inefficient and etc, but we have many who follow it... — read more
Intel Cuts Over 18,000 Jobs Following Troubling Quarterly Earnings Report
https://www.spiceworks.com/tech/tech-general/news/intel-cuts-over-jobs-following-troubling-quarterly-earnings-report/
Sabbatical
Would I be eligible for rehire if I put my notice in after my sabbatical? Anyone have experience with this? I may want to do a schwaberang.
Mid-years reviews?
I don't recall doing mid-year reviews in STS in the past. Am I forgetting? Why the intense focus now? Is this only my team?
Influencers
Anyone else notice schwab is paying influencers now to promote on social media. I guess word of mouth gets out. No employees have anything good to say and they have lost a lot of business. They can pay influencers 6 figures but not bonuses.
Legitimacy of Austin Closure?
What is with the rumor of Austin closure? It's a busy building right? But is the property worth more as well since Austin is booming and they could get an actual profit on it? Would fully remote ppl be in trouble if A has layoffs?
Can’t log into Schwab.com. Really Schwab?!
Their website doesn’t even work.
See Something say something
Look, we all have coworkers who just ain't doing their part and haven't been in a long time, whether in the office or while remote. A lot of us have the attitude that it's none of our business as long as we're doing our job. You may even consider... — read more
Tech CEOs are backtracking on RTO mandates—now, just 3% want workers in the office full-time
https://flexindex.substack.com/p/new-flex-report-tech-moving-away 90% of companies with 500 employees or less are fully flexible (i.e. they do not require office time) 37% of companies with 500-5K employees are structured hybrid 74% of... — read more
very Interesting Analysis, without emotion , Big Tech Doesn't Want You Anymore
https://www.youtube.com/watch?v=4hUvyLgZOFM
What is this the opinion of Operations?
I am a new graduate and am working in Schwab Operations as my first job. I would like to know what the general opinion is of operations. I don’t want to stay here too long if it will hurt my career in the future.
“Moving on” isn’t really a possibility when broken things aren’t being fixed
I think people use this forum to complain because they can’t at Schwab, for fear of retaliation. In my experience, any constructive criticism or justified negativity about this or that is met with disdain, side-stepping, and even work related... — read more
How long until
How long until Walt does another mass layoff? I’m giving it no less than 6 months
Can’t we just move on? In a positive way!
Seriously guys, what’s up with the constant negativity? I’m one whom had their best friend laid off, and my peers broken apart and spread between different leaders (leaving the best leader I’ve ever had), but STILL we found a way to move forward. You... — read more