Topics regarding layoffs at Charles Schwab Corp.

Topics regarding layoffs at Charles Schwab Corp.

RTO 4

Stop spending money at the cafeteria, stop interacting, quit community engagement activities, and literally anything else outside of your specific role, all 0’s on Glint surveys. The only ‘culture’ is a shared hatred of this godforsaken company... — read more 


Anybody feel the same?

IC here. Been a while… I check this site every month or so and haven’t seen it this active since the Friday before Oct 2023 layoffs. What a time.. lol Anyways, I guess I always knew deep down that RTO4 (eventually 5) would come to pass. I don’t... — read more 

Timing is hilarious

The engagement survey closes 7/30, and they’re gonna release this RTO update by EOD today. At least we used to pretend they mattered, now it’s so obvious the EC does not care

Schwab is lame

Why do this?? there has been no reported issues that I know of , that anyone has been abusing this? Jamie from JP Morgan also su-ks and is ugly for starting this bull.

Boiled Alive Lobsters

During the pandemic, everyone at Schwab worked from home. We did it to keep the company running when the offices were shut down. And it worked. We were productive, we adapted, and we kept the business moving. But over time, they started rolling out... — read more 

Return to Office clarification

People Leaser here. The announcement will come out tomorrow 6/29 at 3 CT. It will start on March 2 2026 You will need to report 4 days in office. The 5th day you may work from home and you can use it whatever day you want. You will keep the 4... — read more 

I will quit

Since RTO, I’m losing at least 8 hours a week commuting. That’s time I used to spend with my family, working out, or literally doing anything but sitting in traffic. It’s draining. And they want to add more to that. No thanks. I'll rather quit. If... — read more 

Mafia Style Leadership

Its the good old boys club. If something fails they simply switch around leaders from the same pool. Hey Schwab, the problem isn't your employees but your failed leaders.

sabbatical program sunset

New hires after January 1, 2026 will not be eligible. There are on going discussions about what to do about people who have accrued time for a sabbatical beyond this year. They originally were going to let everyone employed on or before the end of... — read more 

Goodbye Schwab Technology Services

Between the implementation of Artificial Intelligence and the service center in India about 40 to 50% of STS gets laid off by this time next year. Happy trails.

Hey HR, we know you read this site....

Check this out! https://gizmodo.com/new-study-bolsters-public-health-case-for-a-four-day-work-week-2000632007 Let's start with 4 day work weeks between Memorial Day to Labor Day. You know most people don't get a ton done on Fridays anyway. — read more 

How to escalate about your boss?

We as a team are learning, our manager is moon lightning and faked their entire work experience. They cheated using AI during interview process to answer questions. They do not have fundamental idea of what team does. They do not know foundational... — read more 

You can't "work smarter" at Schwab

You hear people say "work smarter" all the time, but here it’s just talk. We pile on meetings, spin our wheels with redundant reviews, and then act surprised when things fall behind. The culture rewards effort over impact. I wish someone would... — read more 

Caption Obvious AI

I’ve been paying attention to how firms across the industry are adjusting—some are tightening teams, others are doubling down on AI and automation. It’s got me thinking about how we’re planning for long-term sustainability and innovation. Why isn’t... — read more 

GLINT

Why do we take the Glint survey ? I’ve seen nothing but years upon years of CS leadership being ranked abysmally, yet this never changes. “Leadership” if you can call them that never address these scores, and they never seem to change. Is it... — read more 

CRM is a miserable place to be

NM and his other directs are so afraid to do anything meaningful. The “barriers to execution” has been rated low for quarters now, and they do nothing about it. Maybe the barrier is you, leadership? Why hasn’t NM retired yet? I want to be a fly on... — read more 

Rename schwab to McSchwab & Co

Recent rick's email suggests McKinsey leadership is taking over. We are going to have Schwab-Kinsey "Optimize & Oversell" Initiative. We'll have project "Synergy Squared" (Schwab-McKinsey Joint Venture) The "Enhanced Client Experience... Now with... — read more 

Surreal

Everything feels like it’s falling apart—fires, floods, systems breaking down—and yet somehow we’re still expected to clock in like none of it’s happening. We sit in Zoom calls pretending to care about charts and sales goals while the world outside... — read more 

Schwab Abusing the H1B System?

Is Schwab still preferring H1B candidates over citizens? Trying to call them out about their abuse. Why isn't the government dealing with this side of immigration that affects the middle class more?

Stop replying all to entire company

Oh, the dreaded "reply all" to the entire org distribution list! Is there anything more universally groan-inducing at schwab? It’s like a digital plague spreading through inboxes with unchecked abandon. Suddenly, your inbox is flooded with a cascade... — read more 

Schwab Buyout Packages?

Someone I know left the company just before the major layoffs, having requested and received a buyout. He spent the summer with his children and later secured another job in the fall. I haven’t been able to find much information about these buyout... — read more 

Rolling layoffs, fear, exhaustion

It's odd that nobody has posted about the rolling layoffs that have hit various orgs in the past two weeks. Are people just scared? The job market is fried. Everyone is terrified of speaking up because it might mean it's their head on the chopping... — read more 

Should there be an upward feedback?

Glint survey is terrible. Other organizations have upward feedback where team reports could provide comments above their manager anonymously. This factored into manager year end performance.Why doesn't schwab has one?

What happened to Schwab???

I left seven years ago on good terms. A month ago, I got an offer and was happy to accept, especially since my last job had problems I was glad to leave behind. But coming back feels like joining a completely different company. I’m still in shock and... — read more 

Servant Leadership

Walt is trying to say that he and his executive council were "Servant Leadership". How did they serve us? By laying us off, cutting our benefits, and giving themselves raises. He is completely out of touch with reality and we need to let him know his... — read more 

Trust

Just like Walt use to say, trust takes time to build and can be broken in an instant…great job Schwab leadership-you have succeeded to take that instant every chance you get.

Micro manager

May God give strength to all tech folks whose micro manager checks the stories and even the story points.

New RTO guidance?

I’m hearing from multiple people including my people leader(s) and others that they’ve updated RTO to be that you have to be in office minimum of 6.5 hours in order for that day to count that you were in office. Not sure if anyone else heard this. — read more 

RTMO

We don’t have RTO. We have Return To Many Offices. Few have their entire team in the same city. Same floor or even building for everyone is near fantasy. If the reason to come in is team collab, then move us together. And since we could never get... — read more 

Austin office closure

Anyone hear any updates on Austin office closure? If and when it does, will Austin folks be permanent RTO or will we be forced and mandated RTO to Westlake office? That would be terrible.

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