Thread regarding Charles Schwab Corp. layoffs

Was there more today?

I thought they were done with cuts, but I keep hearing there were more today from different people. Is this true?

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Post ID: @OP+19kaOLCi

6 replies (most recent on top)

TDA update call, cuts every qtr. from now till who knows when. Probably till full integration. I think if they asked for volunteers, they’d be overwhelmed with the response! But they’d also lose the more tenured and top performers. So, don’t think they’d go for volunteers. Comp TDA currently gives the same merit across the board. They will be super disappointed with next years comp under Schwab. People who leave Schwab instantly make more. From tech to pay, short cuts is their motto!

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Post ID: @guzw+19kaOLCi

The needful had to be done 👳🏾‍♀️👳🏾‍♂️👳🏾

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Post ID: @1gfq+19kaOLCi

Some people that couldn't be notified yesterday were notified today from what I understand

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Post ID: @1bgp+19kaOLCi

Yesterday was it as far as I know. Hearing nothing today.

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Post ID: @yeg+19kaOLCi

Any orgs send out announcements? Haven’t seen anything yet, beyond the Corp comm

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Post ID: @pvj+19kaOLCi

No, yesterday was it.

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Post ID: @djn+19kaOLCi

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