Thread regarding Charles Schwab Corp. layoffs

Brutal

It’s so tough at the office right now. The atmosphere is nearly unbearable. Watching offices get cleared out today after VP/Managing Director level layoffs was tough. Yesterday Senior VPs were let go and today they were already erased from the directory. It’s brutal. Employees are definitely having a hard time.

by
| 4599 views | | 12 replies (last ) | Reply
Post ID: @OP+116WT42O

12 replies (most recent on top)

Yes I posted something last night that was deleted about Fedora being gone

by
| | Reply
Post ID: @1vqe+116WT42O

thee are two days left of this. It isn't over

by
| | Reply
Post ID: @1elf+116WT42O

@116WT42O-nii Were you not paying attention when they let a bunch of execs go a month ago because they made the wrong call on interest rates?

by
| | Reply
Post ID: @gsz+116WT42O

Best wishes, @116WT42O-ard.

Hope you find what you’re looking for!

by
| | Reply
Post ID: @ryg+116WT42O

The layoff fairy put a nice meeting on my calendar for today. Gonna enjoy a two month vacation courtesy of Chuck and I didn't even have to wait five years! Nice. Hey, it's a gig economy and we're all expendable "resources". Plan for it. Don't give 20 years of your life to any company you don't own. On to the next gig :)

by
| | Reply
Post ID: @ard+116WT42O

Haven’t noticed, but mods remove posts sometimes. Trolling, bullying, using personal insults and foul language are not allowed here. They also don’t allow naming names.

by
| | Reply
Post ID: @kmj+116WT42O

Have some posts disappeared from here?

by
| | Reply
Post ID: @igi+116WT42O

5% is laid off.
P-value=0.05. Statistically, we can reject the hypothesis that we will be laid off - hopefully.

by
| | Reply
Post ID: @kbh+116WT42O

Whose head should roll for going all in on interest rates? Only the top people make that strategy call... Makes sense to me they all stay while 600 others get walked out. Welcome to Corporate America.

by
| | Reply
Post ID: @nii+116WT42O

We went all in on interest rates and lost. This is a sinking ship and we're all doomed.

by
| | Reply
Post ID: @kty+116WT42O

Yes, tomorrow is the big day.

by
| | Reply
Post ID: @ady+116WT42O

Hang in there. I’m afraid we probably have another day or two. I haven’t seen many 54 to 59s go. And SF has not been hit yet. Expecting Digital to have huge impact. Probably tomorrow.

by
| | Reply
Post ID: @ila+116WT42O

Post a reply

: