Does anyone have any insight into the job satisfaction and future growth of SWA (Schwab Wealth Advisory)? There are so many job postings open around the country for advisors and managers. Is this a relatively safe division to work in at Schwab?

Can we talk about how awful the company culture and military like the culture is at Schwab? Along with the constant broken promises for career growth to employees feels fraudulent! They have been playing all kinds of dirty tricks on employees to... — read more 

When are we going to call out this company for doing small layoffs to stay under the WARN number to keep it quiet and implementing RTO to make our lives miserable so that the EC gets the attrition they are looking for? Rick said no plans to change... — read more 

I can't think of any.

Let's vent in this thread. That's it, that is the message.

Currently, quite a few fully remote workers are still with the company. Once they got rid of promotions/job growth for remote employees, it seemed like layoffs are imminent. What are the chances that remote employees are let go once RTO 2.0 starts in... — read more 

I joined four months ago, I'd just like to know if Schwab ever has layoffs around Thanksgiving and Christmas or if there is no need to worry before next year?

Charles Schwab and his wife Helen attended the White House Dinner - the special guest was Prince Mohammed bin Salman Al Saud. Questions regarding the appropriateness of Charles R. Schwab - who continues to represent and lead the company in his... — read more 

Layoffs?!? Layoffs?!? That’s impossible. I was told by reliable sources at the corporate update that no layoffs were “planned.” Crazy coincidence the layoffs that were not planned just happen to have occurred the week after the Impact roadshow. What... — read more 

Not sure if this still works as I left the firm around a year ago to work for a fully remote brokerage (best decision in my career)… After someone gets laid off, their department changes in their profile to LABOR DECISIONS for 60 days before it... — read more 

regarding the layoffs? Still amazing that there are no all clear notes or organizational updates. Just here yesterday and poof.

That's it. That's the post.

Anyone else feel like we’re stuck in a company where the people doing the actual work keep getting cut, while the folks who create the bottlenecks sail through untouched??? every layoff just leaves fewer hands, more red tape, and a fresh round of do... — read more 

Not mine, source below: there are 30K+ schwabbies, of course some of them are terrible at their jobs—it's a massive sample size. many software folks are completely unaware of the infrastructure their app rides or how their app should even function... — read more 

Do you think there will be an impact on I&O - if yes, how big and which groups.

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Honest question, why do you like working at Schwab? There seems to be so much contention about poor management, legacy technology and vast pay differences. What is it that keeps you here? Especially those of you that have been here for so long. Are... — read more 

America feels like it’s falling apart. Prices keep climbing, people are barely getting by, and the pressure from every direction is unbearable. Schwab treats workers like disposable parts, piling on more stress while paying wages that can’t even... — read more 

What a joke. These EC member elitists are getting millions in stock options and salaries and then are giving us merit increases less than what inflation is. Then they expect us to be happy with an extra 10 percent bonus? The RTO answer was a joke as... — read more 

The first Monday of November is when layoffs were done the last 2 years. That allows your employment to extend into the following year and you get the annual bonus.

A post from the Amazon Layoff page: “Let this serve as a stark reminder: capitalism, as it exists today, tethered to public markets that demand perpetual growth, is deeply flawed. Amazon, like any publicly traded company, must show quarter over... — read more 

Thoughts? We are paying RW how much to write his emails with AI? Buybacks su-k and should be illegal. “We don’t plan to cut benefits”. I’ll save that one also with the cr-p RTO quotes from years ago.

It's been a long time coming--but a much steeper trajectory toward then end--but this company's technology organization has officially fallen to Indians. If you are not an Indian, your career prospects are bleak. They also keep telling us that the... — read more 

Halloween has traditionally been a time of amped-up attacks and other bad stuff from SoMo. Last year a coworker was sent a Halloween card and Snickers bar by interoffice. It was made to look like it came from one of our other teammates in Denver but... — read more 

https://www.tomsguide.com/computing/office-software/microsoft-teams-will-start-snitching-to-your-boss-when-youre-not-in-the-office-and-this-update-is-coming-in-december I don’t care as my team knows I’m not in office, but between this and AI taking... — read more 

There has been some rumors going around about a new corporate office location opening in queen creek. Has anyone else heard this?

Anyone who truly cares about their work and their job, anyone who has an inherent desire to show up and do the best they can, anyone who has the beloved “Protestant work ethic,” will end up in a mad house. The way to win is to simply stop caring... — read more 

Who determines the pricing on the co-pays, exams, etc.? Is it Charles Schwab or UHC? I have always opted for the UHC Premier Copay plan as I have several medical issues. The 2026 plan has a pretty big increase in deductible, copays, and exams. I am... — read more 

It wasn't always like this, but recently, thanks to having mostly new people as managers, every one of them in my department seems to live in their own little bubble. You ask for direction and get five different answers, then somehow you’re the one... — read more 

2026 Q1 layoff list is being prepared.

I've been hearing some buzz about a potential change in policy at one of our Colorado offices. From what I've gathered, contractors are being given the green light to work permanently from home, while full-time employees (FTEs) are being asked to... — read more 

Starting December, toll booths will be installed at the entrances to SOMO, Peak, Westlake and LT. The access charge will be $10/day or $100/month. They're making a toll to get around parking fee regulations. The installations should be done by... — read more 

I've been RTOing for a while now, and it still feels pointless most days. My work gets done the same as when I'm home, just with more noise and random chatter I don't care about. The constant interruptions make it hard to focus, and the commute eats... — read more 

With murmurs about the next round of layoffs being soon, what is the standard severance package? Does it change based on role?

A commenter in another post said they would announce a RIF in the quarterly update. Anyone know anything?

And it’s October. Historically layoffs have occurred in October. I think I’m toast.

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 

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 

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

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?