Today is supposed to be a big day. Creating thread for people to post updates as they happen in each geo-location. Good luck all!
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600 was a bogus figure. More like 3,000 let go. Awful watching as employees got walked out. Painful day.
Sad day. Sad faces. A lot of talent and hard work that they put into this place. I know at least two teams with no manager or director. One team thought they all lost their jobs when things got confusing. I lost a lot of respect for this compyover the past two years but today I lost even more. How about our ceo and the Epps give up their stock shares or at the very least their bonuses for a few years instead? Why do they get rewarded for bad decisions and leadership?
Lone Tree CS&S VP BB is out, as well as Chicago VP JB.
Trading solutions market managers getting canned. well-done schwab...80% of clients are self-directed. good luck winning those big dollar traders.
Chicago. At least one VP and one futures team member let go.
@maz dont post names, mods will delete all your messages and will block your ip
Got walked out of AUS1 this morning, I was a 58 and saw others leave as well. Good luck to all!
Regarding the Indy branch, don’t spread BS unless you directly know the story. The police were not here to escort those that were laid off.
Austin AUS2 just been informed we safe
Lots of folks walking out of AUS1 today. At least 3-4 58s, one 56 from CloudOps. 58s from other groups seen leaving as well. Good luck everyone.
@austin, what department?
Police was on scene in Indy because someone in a mask vandalized the branch on location last night. Nothing to do with layoffs
So sorry :( good luck to you! How did they do it? Did you get an email or did someone come to your desk?
Just got walked out of the Austin office. Good luck out there.
Police we on the scene at the Indianapolis location to escort out some unhappy campers.
Not anymore...
Ummm there isn't a CAT team in Indy.
Client Advocacy Team
What does "CAT" stand for?
INDY CAT team let go