Thread regarding Charles Schwab Corp. layoffs

Something happening 8/1?

Is anyone seeing any curious cryptic meetings on their calendar tomorrow Aug 1? I cannot provide specifics here but I know of three people that have been invited to team or org wide minimum level meetings with no description within the invite. All held during the afternoon. I am certainly not trying to spread rumors or fear, I am just wondering if anyone else is having similar meetings tomorrow or if it is a coincidence. These could just be keep calm pep rallies.

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Post ID: @OP+1nTXA7RG

16 replies (most recent on top)

CAS director level meeting they told us we're entering a difficult time. To help us get through this focus on what you can control and get a good night's sleep, team.

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Post ID: @zsi+1nTXA7RG

@pas+1nTXA7RG. I think you're right. Historically this site has been super accurate.

It just dawned on me that in one of Walt's town halls about RTO, he mentioned "and it doesn't matter what people post on social media" (not verbatim). So they are monitoring what we say on these platforms.

Word gets out quickly at Schwab. If MDs don't even know, they are likely trying to keep information from leaking.

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Post ID: @zfh+1nTXA7RG

Nothing here either

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Post ID: @mee+1nTXA7RG

Just logged in. No emails.

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Post ID: @sje+1nTXA7RG

Wouldn’t be surprised if it was today so managers could compete their EOM tasks.

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Post ID: @elp+1nTXA7RG

Someone either knows the date or knows that the date is not decided yet. It might be too risky for them to put those details out here. For us out here, It’s just a game of speculation until it really happens.

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Post ID: @pas+1nTXA7RG

Nothing here

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Post ID: @ruh+1nTXA7RG

I have noticed similar meetings pop up for tomorrow.

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Post ID: @ltl+1nTXA7RG

Tomorrow has been my guess since they announced it. I've heard the date mentioned in passing more than a few times. It was a Tuesday seemed to match with bonus payouts, RTO, and a general assumption that they didn't want to totally tank morale. That being said I have heard nothing concrete to suggest it is tomorrow. But I am hearing enough grumblings that I still believe it will start sooner rather than later. Good luck and Godspeed

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Post ID: @pyu+1nTXA7RG

@lyk+1nTXA7RG I don't think anyone said anything was happening tomorrow. Historically this board is very accurate. I don't think the EC knows WTF they are doing yet so there is nothing to leak.

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Post ID: @csl+1nTXA7RG

So far layoff.com is 0 for 12 in date guessing

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Post ID: @lyk+1nTXA7RG

What org is CAS?

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Post ID: @gyz+1nTXA7RG

CAS director level meeting tomorrow w/o context

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Post ID: @cgq+1nTXA7RG

@cen+1nTXA7RG

Bloodbath for STS imminent?

All MD’s even the ones from Westlake?

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Post ID: @kos+1nTXA7RG

Infrastructure MDs are in Denver tomorrow

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Post ID: @cen+1nTXA7RG

Can you at least say the org

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Post ID: @dou+1nTXA7RG

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