Hello Fellow Schwultists and Schwervants. After perusing this board for a while and seeing some of the unfiltered perspectives from many of my fellow co-workers, I just wanted to say you are seen and you are heard. While we will be implementing a... — read more 

Customer Service Appreciation recognition is bullsh-t lip service. Free lunch isn’t adding to your paycheck in this economy. Next week things will go back to normal and you’ll be expected to: *serve as an emotional support bear for mediocre FCs who... — read more 

Took getting out to realize that not all workplaces are toxic like Schwab right now. It wasn't always that way, but mergers tend to applify the internal competitiveness. Turns out there are businesses that actually care about their employees being... — read more 

Managers are the ones who have been resistant to change from the start and who wanted RTO as soon as possible. They are the ones who are more concerned with appearances than they are with productivity. They are more focused on control than... — read more 

So, the 5-day RTO is coming back soon, and after a recent meeting I was in, it feels like there's more going on behind the scenes than they're letting on. The messaging about "collaboration" and "culture" feels like smoke and mirrors. The real... — read more 

Hey there, I heard a rumor that Schwab is considering using AI in their migration of Mainframe / Legacy using AI . Does anyone have any insights or confirmation on this? I'm curious to know more about how they plan to leverage AI in this... — read more 

Is Schwab intentionally trying to make life miserable for its employees by withholding previously offered incentives and consistently pushing us to do more with fewer resources? The current leadership seems detached from the needs of the workforce... — read more 

I think yesterday’s Town Hall was great and enjoyed their interactions. Walt has shared some humbling experiences and I admire him for his vulnerability. Rick seems like he does care but his communication people should really work with him on his... — read more 

I can’t listen to anything Rick says, all I can think about is how he holds his hands together like a evil villain

Most of us are back in the office now. Share your experience so far, good or bad. Perhaps we can find camaraderie!

I like how Walt implemented RTO while he never returned to our headquarters (where our CEO should be located) and now after making all of us come back and be miserable he is now leaving. Typical boomer move

Any chance Schwab will offer voluntary separation to older employees? I've been here for 17 years and I'd be more than happy to accept a decent package. If they want to get rid of more people, this would be the best way to do it, in my opinion. Let... — read more 

The old Schwab we loved and knew is dead. We let a wolf into the hen house https://m.youtube.com/watch?v=K1cJqB0X_BA&pp=ygUOTWNraW5zZXkgd2VpcmQ%3D

More cost cutting to come. And monetization at any cost - ie short cuts and a lot of risk.

If RTO-5 is possible, how much notice would we get? How much notice was there for RTO 3, and would it be the same? Are they obligated to give notice period ahead of layoffs? There's a lot of speculation. Do we knew when we would know anything about... — read more 

Not what a lot of you want to hear, but it’s coming back. I’m close with the facilities team at my location and they’ve been instructed to prepare for the RTO to at least 4 but probably 5 days a week. From what I’m hearing it would have already... — read more 

The Omaha BM is by far the worst manager of Schwab branches.

Most System Issues Fixed Except Account History Still Lags - Client Here. Apparently word made it somewhere high up at Schwab. Please fix the remaining Account History lagging issue. Thank you - Client.

It’s absolutely baffling how a massive corporation like Schwab, with all the resources and capital at its disposal, can’t seem to fix a basic phone system. How many millions—or even billions—do they make each quarter, and yet they can’t get their act... — read more 

Phones reps are fed up with the tech issues. Are we having one a week now or what?? In tried of having to do more work all the time because of techs sc--w ups. We have to deal with the angry clients while they just sit back on zoom calls

https://www.thinkadvisor.com/2024/09/12/lawsuit-schwab-let-scammers-drain-life-savings-of-91-year-old-customer/?amp=1

I used to really care about my job. I took pride in doing my best and didn’t dread going into work every day. Last year, I was super anxious about layoffs, pi---d about RTO/the way it was handled, but still found myself excelling at work. I still... — read more 

Before I started job hunting, I asked myself one simple question: without the relatively new fear of layoffs, would I be happy here? For me, the answer was "no" and I knew what I needed to do. I think that's what people on the fence about leaving... — read more 

Do you know anybody who still likes working at Schwab?

I haven't been on this board for some time, is the menace and noodles still making decisions in tech? God help you all if they are.

Just looking around seeing things which I used to see come trend in offshore contractors. Is Dry Promotion becoming reality in todays cooperate America?

I enjoy spending a day on my own professional development when I experience job changes, reorgs, etc without even a discussion on my own personal career aspirations, interests, goals.

What would happen next? No Layoff? More Layoff? everything remain the same? Outsourcing increases even more on tech side? More money coming on business side?

https://www.cnbc.com/2024/09/16/amazon-jassy-tells-employees-to-return-to-office-five-days-a-week.html

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 

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 

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 

What happened with Wichita Falls

What happened with Ann Arbor

What happened with Colorado Springs

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 - starting Jan-2025 Mon-Thu

https://www.barrons.com/advisor/articles/investors-sue-charles-schwab-cash-sweep-f39e4151?siteid=yhoof2