Thread regarding Charles Schwab Corp. layoffs

All geo-location updates - Wednesday Sept 18

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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Post ID: @OP+116OY7uP

20 replies (most recent on top)

600 was a bogus figure. More like 3,000 let go. Awful watching as employees got walked out. Painful day.

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Post ID: @1snu+116OY7uP

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?

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Post ID: @1ohj+116OY7uP

Lone Tree CS&S VP BB is out, as well as Chicago VP JB.

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Post ID: @xdo+116OY7uP

Trading solutions market managers getting canned. well-done schwab...80% of clients are self-directed. good luck winning those big dollar traders.

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Post ID: @gtf+116OY7uP

Chicago. At least one VP and one futures team member let go.

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Post ID: @vzw+116OY7uP

@maz dont post names, mods will delete all your messages and will block your ip

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Post ID: @aef+116OY7uP

Got walked out of AUS1 this morning, I was a 58 and saw others leave as well. Good luck to all!

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Post ID: @xim+116OY7uP

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.

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Post ID: @puv+116OY7uP

Austin AUS2 just been informed we safe

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Post ID: @pjh+116OY7uP

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.

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Post ID: @cql+116OY7uP

@austin, what department?

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Post ID: @rqj+116OY7uP

Police was on scene in Indy because someone in a mask vandalized the branch on location last night. Nothing to do with layoffs

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Post ID: @fvm+116OY7uP

So sorry :( good luck to you! How did they do it? Did you get an email or did someone come to your desk?

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Post ID: @ecm+116OY7uP

Just got walked out of the Austin office. Good luck out there.

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Post ID: @mur+116OY7uP

Police we on the scene at the Indianapolis location to escort out some unhappy campers.

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Post ID: @jgy+116OY7uP

Not anymore...

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Post ID: @xxe+116OY7uP

Ummm there isn't a CAT team in Indy.

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Post ID: @fcz+116OY7uP

Client Advocacy Team

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Post ID: @oro+116OY7uP

What does "CAT" stand for?

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Post ID: @eyk+116OY7uP

INDY CAT team let go

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Post ID: @mvv+116OY7uP

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