Topics regarding layoffs at Charles Schwab Corp.

Topics regarding layoffs at Charles Schwab Corp.

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.

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| 1400 views | | 9 replies (last September 10, 2024)
Post ID: @OP+1ugp4cPT

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 

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 

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 

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?

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| 2530 views | | 24 replies (last September 28, 2024)
Post ID: @OP+1tRGTxdC

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 

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.

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 

Good news everyone!

DY accepted a new position to destroy WF. Just as he did US and us. How long until Hanz and Franz join him? (Former STS clowns)

Meditation during department meeting?

Any of you guys forced to meditate during a department meeting? It was a like a scene out of the Office. What is this hippie non sense going on? We’re here to work. Not mediate and talk about feelings.

Sure, Walt. Sure.

When everyone is smart and everyone is hard working (like the people I work with), it's sometimes a challenge to distinguish yourself at work. More than anything, it’s a positive attitude that helps you stand out. We are all quite positive... — read more 

Just remember (cost per seat)

In October, 2023, just days before the bigger layoff, Schwab reported the following to RIA Biz. The average work station is 45 square feet, so real estate savings could come in at around $1,683 per employee, according to the firm. That's a... — read more 

Former employee Glint survey

Received a letter in the mail asking me to complete a Glint survey after being a former employee. I was instructed to specify my prior company email address as a user name and last name as a password (apparently last name in combination with email... — read more 

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| 1450 views | | 8 replies (last August 4, 2024)
Post ID: @OP+1tMPrREk

ERG ROles

There was post on here last night about ERG roles being eliminated. What happened to that post? And is that true? If so, what roles?

I'm hoping for more cuts

Call me an a--hole, but I am. I’m really fed up with this place. Over the past few years, everything has changed so much that I just don’t care about anything here anymore. The passion and excitement I used to feel are completely gone. Getting laid... — read more 

Peter is the real deal

Peter is the real deal. And he is just being thrown to the side. They dont make em like Peter any more. He has done so much as CFO. looked for moneynwhen we needed it. Sought financing when it made sense. This replacement is wrong.

Call me Confused

I’ve been trying to keep up with posts here, but there are just so many different departments, roles and terms etc that I’ve never heard of. And why would I.. I’m low level Bank Ops team in San Diego. What I’m trying to understand is how it seems... — read more 

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