Topics regarding layoffs at Charles Schwab Corp.

Topics regarding layoffs at Charles Schwab Corp.

Omaha branch

Omaha branch office is a joke. The manager is insecure of his leadership skills and undermine employees he feels threaten by. The ABM has zero sales experience.

Schwab Stock

Is the stock even worth holding? It seems like an SP500 etf would be a better investment.

I try to change jobs often

You should too. No point in today’s corporate US to stay anywhere too long. Chances of long-term commitment resulting in pay raise, career advancement, skill improvement, better CV, are next to none. So I’m always on the lookout for something better... — read more 

Layoffs today

So I’m hearing rumblings of layoffs today. Can anyone confirm?

Layoff Terminology

A layoff is just a fancy way of saying you no longer bring value to the company for what you are getting paid. All of these employees have stayed stagnant and have not improved their skillset. Look in the mirror.

Moving Personal Documents

If I leave Schwab, I have a few personal spreadsheets or documents I’d like to get to my home PC… nothing related to CS. What is the best way to do this without setting off alarms? Or, does this require simply getting permission from the right... — read more 

Time off cancelled

What a joke. Got an email today that my July 5th request was cancelled. Reason I got from my manager is because of staffing. She is still taking the full week off, no questions asked. Is there a single leader that is willing to lead by example? Take... — read more 

Hog slop

Charles Schwab exemplifies corporate violence through its failure to provide a living wage for most of its employees. The company subjects its workforce to intense labor demands without adequate support or meaningful solutions to long-term issues... — read more 

Left us out to dry

No statement from Schwab to clients or even Schwab to employees on all the tech issues, and we get yelled at by these clients who have no communication from anyone. It’s the phone reps who have to bear the brunt of this cr-p. I’m so tired. This is as... — read more 

Is there a point in being hard working and committed?

I don’t think so. You get literally nothing in exchange. Or maybe you’re supposed to wither and die in a workplace so you don’t get fired? Not worth it. I just find it funny that companies where mgmt-worker pay ratio is, lets say, 300:1 and mgmt can... — read more 

Schwab test and development going down

Surprised no one has said anything about this but why has the schwab test and development regions been down for like weeks now. Our technology leads need to get their heads out of the sand and realize the p-o is fitting the fan yall messed up... — read more 

Officially have moved on from Scwhwab

It feels good to have accepted an offer after spending 8 months out of a job because of Schwab's poor management. I used to love CS pre-pandemic, I felt valued and genuinely enjoyed going to the office and working on the projects. If anything, I... — read more 

Another tech issue

Can we have one day without a tech issue??? Come on man I’m about to quit

Trading accounts

I received an offer I trade marginally successfully to keep up with inflation does CS ban trading if hired as employee?

Schwab website and app down

See Reddit for how clients are really feeling https://www.reddit.com/r/Schwab/ Anyone still at Schwab willing to spill the tea?

DEI

Anyone seeing this promoted in their location?

Accessing Documents Post Termination

What would be the most efficient or resourceful method for retrieving documents and records after termination? For example: how we can view PTO that should be paid and the payroll sheets for that. Also ESPP and any post pay records? I was... — read more 

Thanks Walt for the travel mug

I worked free overtime on nights and weekends for the past 18 months because our team is understaffed but the workload kept increasing. We asked for help and was told we all need to sacrifice In 2009, you received a base salary of $900,000. It's... — read more 

May TG

These may tg clients are breaking my spirit. I’ve never been screamed at , ordered around, or treated like a dog more than this group of clients that have come in. Management does nothing but say “just power through it!” How can I? I’ve been here... — read more 

Why doesn't anyone in STS get promoted anymore?

I know Simon is about as lifeless as it gets and it's just about impossible to get work done but when was the last time anyone was promoted? I had a conversation with someone from another team today and we couldn't name one person that we knew that... — read more 

A pointed post on Schwab Infrastructure

This is a very focused reflection on our Schwab Infrastructure organization. I was proud to be part of this organization when I hired on in Phoenix. As more Denver-specific people were hired over the years, this has become a cliquey, hatred-filled... — read more 

Micro Managing

Deeply regretting my choice to become a senior team manager. Is there any room for movement after here? I spend my days taking attendance. Dealing with a director that is a micromanager. I have the highest performing team and I do not promote... — read more 

Most Toxic Postings are here

Just passing through and Schwab must have the worst postings. Seriously the most hated company by employees / ex-employees this year. Almost like the next Enron.

What is Stopping?

What is Stopping Schwab from Discard or Revamp the Harness Migration Team, it turning out another waste of money? a) FTE Dum ducks they promise under delivery. They have no idea what they doing They were given a mission to... — read more 

Corporation is nothing but big incense family,

I was going the through data, and just saw very eye opening data. Which is some thing like this. All Corporation including Schwab is big incense family, There Carrot is another corporation hole and vice versa. One falls every one falls. Retail... — read more 

Rate our bosses?

Anyone know if there is a way to “rate/grade” certain leaders? Outside of glint? Or maybe even on a 3rd party website… Would be great to have a safe way to rate those leaders in the firm, both positively and negatively as it applies.

Engagement surveys are a corporate scam

Schwab only uses them to control the narrative and to give the illusion of action. We certainly haven't seen any action as the culture at schwab is at an all time low and it's more siloed than ever here now. Not to mention how difficult it is to get... — read more 

How much talent did we lose

Seems like every study is saying RTO was a bad idea https://arstechnica.com/information-technology/2024/05/rto-mandates-led-to-pronounced-exodus-of-senior-workers-at-top-tech-firms/

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