Do you think they will allow for questions? Any bets on how Walt will spin this?

First layoffs in December. There was an agreement to try and keep as much green on as possible as part of the merger. This is first step to try and avoid severance payments.

I'm generally quite supportive of management. If the EC really wants to cut people, they should do a proper layoff and pay the severance that people are entitled to. Schwab has the money to pay severance. Many feel the real reason for this exercise... — read more 

Who else has heard Walt's s-b story about being a single dad that nearly quit the firm because he needed extreme flexibility to take his kids to school? He needed the flexibility to pick them up and get them where they needed to be. He needed the... — read more 

Didn't want this to get buried, but like a previous post mentioned be sure to post a review about this massive misstep by the Executive Council. Let's let everyone know who is even considering Schwab, now and in the future, just how much the EC and... — read more 

I quit Schwab a while ago. All of you people on this board are going to complain and do nothing. That is what you have done for your career and why you still work at Schwab. You let terrible leaders tell you what to do. You dont stick up for your... — read more 

Will we be asked to change positions at some point to have more in person collaboration? I’m worried because my building is almost entirely made up of a different org in the business side. My org are in different states. I don’t have any experience... — read more 

I was in a meeting yesterday for an hour with a certain MD who's been very much against WFH from the start. Literally nobody in that meeting bought what he was saying. He's not only completely out of touch with the modern workforce and how remote... — read more 

CNBC Saturday Morning: Schwab's Walt Bettinger doubles down amid fierce return-to-office criticism, says he's never giving up on the value of office culture https://youtu.be/xvFZjo5PgG0

Anyone got any details on the re-org in digital?

Think again. Some of you will be outed

You all. Such amazing people here. Appreciate the great things we've all done together to support our clients. While clearly things are changing, the spirit of Schwab was built by it's amazing workforce

I am a LEADER. All y'all must drive into the office and sit in traffic for hours. You will then sit there and have a Microsoft teams meeting with people on the other side of the country and people in India. I don't care if you have obligations... — read more 

To the thousands of us who have been crushing it from home, often putting in extra hours because we can and we care, leadership doesn’t care. Back in your cages. You’re only good to them if you are controlled. This is by far the most deceitful and... — read more 

Tough week to say the least. I want to apologize to everyone. I feel like we (leadership) did an incredibly poor job of telling the story of the many successes we had as remote workforce. I honestly never expected this decision so it was easy to get... — read more 

someone got fired today for what they posted in a teams chat. I saw the message because I was asked to archive it and it wasn't even that bad. More frustration than anything. Be careful what you post. I wouldn't say anything negative about anything... — read more 

In the last 36 hours Schwab lost the loyalty and dedication of its most experienced and talented employees over the dishonest, manipulative, and unethical actions of their senior leadership. Will they be able to deliver value to clients and... — read more 

Leadership is aware at all levels about the Reddit thread and they are monitoring it closely. Please protect yourself and ensure that if you are posting, that you are using a throwaway account. They are going through previous post history trying to... — read more 

I hope everyone realizes this is not about RTO it’s about a coverup for layoffs. If they can get a percentage to jump ship by forcing them back to the office it’s a win win. It will be full 5 days at some point! Besides the CRE Gods have spoken and... — read more 

These chickens couldn’t even do a vote on what the entire company is feeling or have the ability to show their faces as they hide behind a computer screen and and an email but don’t give managers any information leaving teams pi---d and without... — read more 

This RTO policy that executive council just suddenly dropped on all of us disproportionately affects minorities. Many of us live on one income and are single parents and this is a major shock to not just us but our families. I know most don't want to... — read more 

Just wait til you’re sitting at a complete stop, in traffic, for hours, early in the morning and early evening, every single week of your foreseeable future. Just wait til you’re in a 4x4 cubicle for 8 hours in Teams meetings all day, remembering... — read more 

Our team is spread out over 8 different locations. I'm supposed to commute 11 hours per week to work, be surrounded by loud people who I don't work with in any capacity. And then join the same meetings virtually that I was from home (because nobody... — read more 

But employees aren't allowed do the same from their own home in the US? Someone explain that one to me?

"Trust is everything. Earned over time. Lost in an instant" - Walt Bettinger, Charles Schwab Everyone should add this to the end of their existing email signatures. Start sending messages.

I’ve been with the company for a very, very long time. When I first started it was an absolutely wonderful place to work. We were glad to work our a$$es off and give 100% of ourselves for the vision. That’s back when Chuck was in charge. But ever... — read more 

I'm not sure about numbers but apparently a few people are trying to organize a protest October 2nd during lunch I live in Denver and think this is a good idea, but can Schwab fire us for voicing our disagreement with this new policy?

Nobody is happy about it outside of a few MDs that were blowing the "collaboration" ho-n because apparently we get a lot of work done by the water cooler even though everyone is spread out across 17 different locations not including home. Even our... — read more 

Just a heads up that Schwab's licensed folks are NOT easily replaceable, so don't let these fools in this forum or in the company make you think otherwise. It would take Schwab MONTHS, and at a significant cost, to train people to replace us. They... — read more 

Assuming the sudden, unexpected, complete reversal and straight up LIE doesn’t force enough PEOPLE to quit, are layoffs coming? WTLF?

It sickens me, and is entirely indicative of the "culture" that they are working so hard to save. There was NO indication that there was any pushback or conversation around this policy. They didn't even tell CRE! Shut up, show up, and sit... — read more 

Had to move out of Austin because rents were so high. I'm two hours away now. I hope everyone gets past this. For me it feels hopeless. With the year I've had this is the last straw for me. Wife left me and took my daughter, lost my mom two months... — read more 

Long story short, I had to move out of new Jersey when I was with TDA because the school system was deteriorating. I couldn't go back if I wanted to now because the cost of living is so high. My manager basically told me last night I won't be... — read more 

I'm not one to go down this road often because I think too many people these days cry wolf when it comes to diversity and inclusion Having said that, what this return to office mandate means for minorities is more time commuting and away from our... — read more 

Enough said.

We're spread out in San Francisco, Denver, Austin, Dallas, Phoenix, Orlando, Omaha, new Jersey and Chicago So we all have to come back to the office and have "in person collaboration", only to continue to work remotely from each other (alone in... — read more 

People who keep commenting that we all worked from the office once and that we shouldn't be whining because it was considered normal before are missing the whole point. Yes, we all commuted and worked from the office. Then we started working remotely... — read more 

I am exhausted and the stress is huge. Anyone else struggling to meet shorter than ever deadlines?

If being in person is critically important, why doesn't Schwab make the top 3-4 layers of management all relocate to our HQ in Texas? How are they effective when scattered across locations? After all, they make the biggest, most impactful... — read more