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
Trickle Down Bonuses
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
First Monday of November
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.
Amazon layoffs
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
Corporate Ooopdate
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.
Schwab has Fallen
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
Fellow Peakers - be careful this week
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
Teams - Microsoft enabling location snitching
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
Rumors of new office location in queen creek az
There has been some rumors going around about a new corporate office location opening in queen creek. Has anyone else heard this?
Only way to survive is to stop caring
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
Open Enrollment Curiosity
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
What's up with management at this place?
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
Q1 Layoffs
2026 Q1 layoff list is being prepared.
Rumors of Policy Shift: Contractors WFH, FTEs RTO in Colorado
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
Toll booth installations
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
What's the point?
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
Layoff severance
With murmurs about the next round of layoffs being soon, what is the standard severance package? Does it change based on role?
RIF announced this week?
A commenter in another post said they would announce a RIF in the quarterly update. Anyone know anything?
My boss is icing me out
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.