Thread regarding Charles Schwab Corp. layoffs

Which departments have received an "All Clear"?

Post here if your department was given an "all clear" for layoffs.

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Post ID: @OP+116SpAUA

14 replies (most recent on top)

600? More like 3,000 were let go so far. Awful watching people getting escorted out all day. :(

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Post ID: @1qnu+116SpAUA

CEO of Charles Schwab bank sent out an email today that said layoffs were complete.

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Post ID: @1gcr+116SpAUA

EVP of Corporate Risk Management sent out an email this evening. Based on that I assume CRM is done.

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Post ID: @1ohk+116SpAUA

Not done. Unfortunately I work for a team that is tasked with turning people down as lists come out. 218 today. Tomorrow is another big day. Friday will be too.

Sad what this company has become. Heard word today that the firm is trying to offshore another 500 jobs over the next few years and hire more contractors to handle front line calls like the nsd and some customer facing phone support reps. This is what the American company has become. employees with real benefits replaced with cheaper labor. This company lost its soul. Can anyone actually say they know someone happy working for Schwab right now? Every team is under staffed and over worked. Nobody cares.

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Post ID: @1czw+116SpAUA

It's done. We are all clear. There may be a few stragglers that didn't notified, because they were out sick or on vacation. Or hiding in the bathroom while HR was looking for them. But beyond those stragglers it's done. A nice email from the CIO went out today.

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Post ID: @1mnq+116SpAUA

It's done.

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Post ID: @1lqx+116SpAUA

Orlando was told we are completed as of this afternoon. All departments.

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Post ID: @ovf+116SpAUA

Orlando was told we are completed as of this afternoon

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Post ID: @xwq+116SpAUA

Only confirmed in Orlando is Move Money Solutions all sites. Orlando Doc Control. No other Orlando groups confirmed.

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Post ID: @ebj+116SpAUA

TSG, all locations

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Post ID: @ojr+116SpAUA

Westlake FCRM

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Post ID: @fwc+116SpAUA

Location?

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Post ID: @umg+116SpAUA

FCRM

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Post ID: @ioh+116SpAUA

Most if not all in Orlando.

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Post ID: @cyb+116SpAUA

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