Thread regarding Charles Schwab Corp. layoffs

Is anyone else hearing about layoffs today?

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Post ID: @OP+1nUYQzlq

10 replies (most recent on top)

@aoz+1nUYQzlq don’t feel sad for them. They are the lucky ones to find out sooner rather than later while this seems to drag out. A lot of us are ready. There IS life after Schwab

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Post ID: @raw+1nUYQzlq

Some loose evidence of 29 people - have names but will not share.. either today or next few days...feel so sad for them..

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Post ID: @aoz+1nUYQzlq

Its hard when they are implementing these little pi-s ant terminations here and there. One MD here, 4 specialists there. It's nearly impossible to keep track of all these little plinks at the workforce.

Surely this is not the most efficient way to save 500 million dollars.

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Post ID: @clv+1nUYQzlq

Wish people respond by stating the org, band etc rather than just putting some numbers. All these posts are anonymous and Schwab doesn’t care to really track them.

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Post ID: @esy+1nUYQzlq

Which team???

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Post ID: @ejj+1nUYQzlq

My team lost two KEY PLAYERS today.

Don’t wait around. Update the LinkedIn. The resumes.

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Post ID: @ihk+1nUYQzlq

Yep! Heard of a few so far today

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Post ID: @lso+1nUYQzlq

One of the Hardy boys has a clue

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Post ID: @ifh+1nUYQzlq

No. I have some loose evidence there will be more tomorrow.

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Post ID: @jdb+1nUYQzlq

This will drag on. They have us right where they want us. Not many will forfeit a potential severance to leave early. They can take as long as they want…. And they know it. Truly $hitty of them. This is not the same company it was even 6 months ago. Something bigger is going on behind the scenes for them to be this careless about employee morale.

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Post ID: @ncv+1nUYQzlq

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