Someone wrote a really great poem as a response to a post here. That got me thinking, what if we have a Schwab Haiku contest? Who's in? Here's my entry: Schwab's strength in numbers, Guiding clients through life's summers, Investments thrive.
RTO appears to be mostly failing as the attrition tactic
I was forced back to the office and I’m doing my best to comply, even though the commute is barely manageable. From how RTO was rolled out and is being managed, it feels like leadership hoped people affected would be the first to bail. But most of... — read more
Schwab India
Anyone else expecting layoffs after the India office is made? I’m sure they want to hire them more since it’s cheaper.
The mood in the office is terrible lately
People are dragging themselves in, barely speaking, and you can feel the frustration in every meeting. Everybody hates being there. If leadership keeps ignoring it, I don’t see how the company makes it long term. Low morale always comes back to bite... — read more
Schwab stock price down ~6% & recent jobs report!?
Dismal Jobs Report and Schwab Stock price down by ~5-6%. Are we seeing Rick’s cost cutting approach backfiring or strategic? Will possible Fed. rate cut even matter?
How to give real anonymous feedback?
Is there a way to give real feedback on leaders without it being tracked back to us like an anonymous email server to the firm somehow? Feel like we are going to be in a bad spot if we can’t speak freely about what we witness and life will never get... — read more
Meeting number five today
Every single one with each person sitting at their desk bored out of their minds. Can we admit RTO only makes sense if everyone moved to Westlake?
Just a reminder that Schwab is a flaming pile of trash
and you can do much better. Go work at a company that actually values their employees.
Recent College Grad Afraid of Layoffs
Hi all. I would appreciate helpful and constructive criticism, not bullying as I have seen in some posts here. We can all remain civil while being in disagreement. I worry about layoffs and this is my first corporate job. Does Charles Schwab always... — read more
Hearing another round of Layoffs being planned
We are hearing Schwab is planning another round of Layoffs by Year end, is there some truth to it ? We know two major Orgs have Merged AST and WAM, not sure if it’s limited to it.
Westlake entrance and parking situation
Who else strongly feel that company HQ should fix their entrance + parking chaos first before calling more professionals back to office? The single 2-lane entrance the is crossed by walking construction workers is frustrating/dangerous in the... — read more
Westlake Entrance/exit and Parking Mess
Who else strongly feel that company HQ should fix their entrance + parking chaos first before calling MORE professionals back to office? The single 2-lane entrance the is crossed by walking construction workers is frustrating/dangerous in the... — read more
Offer
Somebody I know had an offer pulled by Schwab a week after he accepted it, no proper reason provided. Does anybody know why this could have happened?
We made it another week...
Posts here get hundreds of views. Social media statistics indicate only 3% engagement. (Of 100 viewers there's 3 commenters) And then there are comments deleted "magically". I don't have a point. Just acknowledging the engagement and concern. I see... — read more
Internal Bias
There’s been some chatter about internal roles being posted with a ‘preferred candidate’ allegedly already in mind. Supposedly, certain leaders have a reputation for giving opportunities to people in their inner circle, and many employees feel it... — read more
Tired of pretending to care
I stopped putting in extra effort a while ago. I just do my work and unplug, no more doing anything late. Whatever happens next, I’m ready to move on. The way things are going, it feels like we’re all just waiting our turn.
Any news on additional cuts?
Do we have anything new on what might be coming our way?
Healthcare plan
I heard they were ditching it and instead going to give us $2500/$5000 on Jan 1 to put towards purchasing health insurance from the state exchange. I went in the web to see how much that would cost and it's over $1800/ mo so that's not even 3 mos... — read more
Survey Time!!
https://www.aboutschwab.com/leadership Look at all those smiling faces!! Happy, rich & convinced they work harder & deserve more than everyone else! So proud & accomplished as they send out surveys to support planned pay cuts for everyone but... — read more
Round table after q4 business update
Round table w director after Q4 business update. Few months in advance so what could this mean?
Where is the efficiency gained by AI?
Schwawesome Leaders, Where is the efficiency gained by AI? Whose head should roll?
Surveys and Work
It was a long Monday. Everyone can do what they want, but don't complete surveys. They’re seeking legitimacy for pre-planned actions. The only survey should be work output. That’s the bottom line.
Down 3% on up day
Over under on October layoffs?
The rewards survey
This newest survey is definitely a temperature check to figure out the easiest way to bend us over and take away our benefits. Give them NOTHING to go off of. They're trying to cut our pay increases by 50% to give us 5 extra days off. How is that... — read more
About those Austin rumors
Austin schwabbie here. Went through my third interview for an internal position recently and this morning got a call from the hr specialist asking if I'd be willing to move to Westlake or another campus. She said the position can't be in Austin... — read more
Why are we rewarding corporations like Schwab?
Why is the government rewarding corporations like Schwab who are anti-American? They get huge tax breaks for offshoring jobs, abusing the H1B system, and now eliminating jobs due to AI. To me instead of placing tariffs on countries, the government... — read more
In-Office antics
The guy by me comes in, spends 1-2 hours in the office and leaves again. Stuff like this is going to ruin it for everyone. It’s played out like that before, remember Walt having a conniption fit about not doing what you say you’ll do, then making... — read more
New medical accommodation form is longer.
There’s way more questions now on this updated form than the one from 2023. Does anybody know who reads these forms? I feel weird knowing someone else who doesn’t know what we go through gets to decide if the condition sounds bad enough or not.
Walt sells 17.6 mil on RTO day
Walter thought he was going to get a big pop on the RTO announcement and sold a boatload of stock. Meanwhile Rick is offering us less than inflation laughing that we have to pay more to commute
No remote options
I’m beyond frustrated with how hard it’s gotten to find remote roles lately. I would leave in a heartbeat if there were solid WFH options out there. It's like we’re being shoved back into offices just to make landlords happy.
internal jobs process
The internal transfer process (internal jobs) is designed with the wrong incentives in place. It seems that during the process, the hiring manager puts a lot of weight on getting the opinion of the current manager. Assume the candidate is a good... — read more
HR request - TLDR!!!
Please stop posting long, well thought out posts. They are too large and logical for HR or the EC to process. Keep posts under 100 characters when at all possible, pretty please.
seeking advice - leaving with severance
Been here a long time, worked my a-s off, strong performance ratings, well compensated. Remote work fading kind of su-ks, but it’s not a big deal for me — I’m five minutes from the office and my group is likeable. Saved aggressively, investments... — read more
Stop posting with AI manifestos
This board can be a good resource to share information and ideas yes it gets toxic and whiny sometimes - i know the trolls will never leave - but I'd like to ask that we eliminate the long AI produced content that seems to dominate the board now. ... — read more
Covering a bad bet
RTO isn’t resisted because employees are lazy. RTO is resisted because the justification was never about work. Office real estate is a sunk cost but EC backs it as a strategy. Empty buildings is an executive embarrassment and wasted cash flow... — read more
RTO 5 by 2027
If you listened to the corporate update you’ll agree. Rick made it close he’s looking at 2026 or 2027 to put all employees back in a prison camp by the .
They are challenging medical exceptions
You read that right. This place continues to think they are better than your doctor at knowing what you need. Expect firm pushback on your vision, pottying, light sensitivity, general anxiety, and whatever medical disability your doctor says you... — read more
Time to take the conversation beyond this message board
Short of quitting, none of us here can do anything about Schwab's inhumane actions. You know who can though? The shareholders. I urge everyone to write the top 10 shareholders and let them know how Schwab treats their employees. They have the power... — read more
Why bring us back when there’s not enough space!!
I’m in the westlake headquarters, and it’s a mess. We only have one parking garage because Schwab was too cheap to get someone to do the other two the right way? They’re literally crumbling and falling apart, where are we all going to have to... — read more
A Christmas Carol
Does anybody else feel like we’re all working for Ebeneezer Scrooge, and stuck inside the cautionary story known as A Christmas Carol? That being in the pursuit of wealth, man often loses his soul, only to discover too late or just in time, that... — read more