Right now, layoffs are starting with officer level employees (VP, SVP & EVP) and working their way down to Directors and Managers as well as other employees. All locations will be impacted, but most notably SF, Denver, Phoenix, Austin and Westlake... — read more 

An email went out this afternoon to all Schwab employees announcing the layoffs. The total number is expected to be roughly 600 employees across all locations and levels and the plan is to notify those affected by layoffs by next week.

https://twitter.com/TheLayoff/status/1171473686617939978?s=20

VP HR just announced Layoffs are coming in a all hands call Now it would be great if we could find out more details about it. But no, we'll have to wait and wonder for who knows how long. Which will not do anything for improving already bruised... — read more 

Contractors already selectively being let go. There was a meeting called today, it's being called a surgical layoff. High level officers next then moving down. Ironic since they just brought on USAA staff. No timeframe given but September sounds... — read more 

This could be rumor, but September 18th may be the target date. We will see if that pans out.

If you work at schwab there is info under "severance" and you can read the details of packages. basically you get 2 months paid plus 2 weeks for every year of service.

Do you think Schawb will be laying off people here at USAA once the acquisition is complete? How about the IT group?

This is a master thread about Charles Schwab Layoffs in 2019?

I hear there might be a big reorg at Charles Schwab and that even more work can be sent offshore. Now, this is just what I heard and I am not sure how reliable this info is but in my group people think that up to 50% of us might be made redundant... — read more 

Do you think we'll have layoffs in San Francisco.

What is the likelihood of Charles Schwab layoffs in San Francisco in 2016? Please let me know if you have any information.

I hear many rumors that the IT group will be going through a major reorganization in Q1 of 2016. Now, I know it's too early but knowing how things work in Schwab I would not be surprised if they outsource another piece to India or something like... — read more 

Employee Engagement is a great focus. Senior leadership open and willing to provide mentorship, coaching and support. Lots of chances to learn and grow your depth of experience. Developed long term relationships with senior management that continues... — read more