Thread regarding Charles Schwab Corp. layoffs

Safe until August?

This company is so horribly non-transparent... After the cuts of these 75 people, can we now be relaxed and believe that there will be no new layoffs until August?

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Post ID: @OP+1aNclhGm

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Its a big merger with lots of runway given to the markets about how synergies will be obtained. Expect quarterly layoffs of "redundant" and non-performing roles until after client conversion. That's table stakes, and has been since they announced the acquisition.

The "safety" comes by creating value in your role, adding value to the new jo--t company, continuing to develop your skills, and leaning in to the future.

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Post ID: @7tnc+1aNclhGm

@2wxl+1aNclhGm

This last round, and the round before that was a Monday. It's spelled Monday. Not Munday.

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Post ID: @2dfz+1aNclhGm

It's never a Munday. Pattern is broken. Never happened. It will always be a Tuesday.

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Post ID: @2wxl+1aNclhGm

If the pattern holds, it'll be August 9 - 2nd Monday of the month.

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Post ID: @2gos+1aNclhGm

@OP+1aNclhGm Yes. They've clearly stated there will be quarterly layoffs. So you're safe until next quarter.

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Post ID: @tpy+1aNclhGm

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