Thread regarding Charles Schwab Corp. layoffs

Q3 Layoffs: July 26

Layoffs moved up one week from Aug 2 to July 26. Described as “broad” (most business units impacted) but not that deep. Interpret as you will. Just wish I could offer myself as tribute.

Please see my previous correct predictions like @OP+1azyvoA9 if you doubt it, or if Di-krector Fury shows up.

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Post ID: @OP+1bV4cOHg

21 replies (most recent on top)

I am a Managing Directory. That's right, directory. Not director. But directory. Question. Do directories come in steak sauce variations, or does that only apply to directors? Hello?

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Post ID: @clmb+1bV4cOHg

Managing Director of the steak sauce variety here. You know, A1 sauce. Original flavor. You can also call me Director Fury. And don't understand the reference about Captain Fury. What is that? Mixing up America and Fury?

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Post ID: @cxsn+1bV4cOHg

Most of the dimwits here actually got the "steak sauce" reference. Most of you sound like complainers, and don't know anything. Specialists probably. May a Senior Manager. LOL. We teams compose of all Senior Managers (around 10), all reporting to a Senior Manager. However, not enough "steak sauce" to go around. Don't even get me started on the Director title.

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Post ID: @befx+1bV4cOHg

@9vhh+1bV4cOHg the Managing Directors now have levels... A3 is the lowest, A1 is the highest. So "A1 Steak Sauce" is what this Di-krector is claiming. Pretty sure I know more than he does, and am not a specialist but see no need to flaunt my level. ;-)

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Post ID: @ateo+1bV4cOHg

What exactly is a MD "steak sauce". I don't get it. Can someone explain that reference please?

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Post ID: @9vhh+1bV4cOHg

@8nvk+1bV4cOHg It’s hilarious that you think nobody got the A1 steak sauce reference. Look at you, flexing that mental superiority... Thats some big brain energy. You must be an MD of the steak sauce variety.

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Post ID: @9vab+1bV4cOHg

I doubt you people even know what the "steak sauce" reference even means. It's like a blog full of dim lights. One steak away from having a stroke or something. MD "steak sauce". Let that sink in. A....

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Post ID: @8nvk+1bV4cOHg

MD Steak sauce Fury also confirmed the date would be August 2nd, when someone suggested July 26th.

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Post ID: @7gdc+1bV4cOHg

If captain steak sauce really is a MD at Schwab (and I highly doubt it), it would at least validate all my opinions about how absolute garbage Schwab’s leadership is.

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Post ID: @7zum+1bV4cOHg

So I guess layoffs do happen on a Monday. It deeeed deeeed happen on a Monday. I was the Managing Director Fury with A1 authorization calling bull on on Monooonday. Oh well. I wasn't wrong. Just needed to revise. Nuff said.

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Post ID: @7thm+1bV4cOHg

@6ijl+1bV4cOHg Haha what is real any more? These were Directors at TDA, probably should have been the lowest level MDs in Schwab but we all got screwed/downgraded in that whole shitshow so...

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Post ID: @6ddq+1bV4cOHg

Got an email from a Schwab side Distinguished Engineer (i.e. senior tech director) who was let go today too. So looks like it's both companies who are trimming today.

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Post ID: @6amm+1bV4cOHg

@6ihb+1bV4cOHg

Are these real directors as in Managing Director, or just Director. Because they are just Director, there's like a ton of that. It's like saying we let a Senior Manager go. There are teams that have like 10 Senior Managers with the new job title structure.

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Post ID: @6ijl+1bV4cOHg

Re: @OP+1bV4cOHg
Just got two goodbye notes in a row :-( Both from TDA female technology directors. Why the heck would you pick them?!? Already a rare breed and you’re letting them go... good work as usual, id--ts at the top.

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Post ID: @6ihb+1bV4cOHg

From what I have been reading/hearing is, the next round is set (was) Aug 9th. The 2nd Monday of the 2nd month (6 weeks) after the quarter starts.

Jan 1st (1st/4th quarter) - Feb 8th (first round) - I had a teammate get laid off this day.
Apr 1st (2nd/1st quarter) - May 10th (second round) - I had another teammate get let go.
Jul 1st (3rd/2nd quarter) - Aug 9th (third round) - I might be next!!!

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Post ID: @2mmu+1bV4cOHg

We don't really take seriously what is told to associates and specialists. Unless you are a managing director of the steak sauce variety, we won't listen to you. July 26th indeed.

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Post ID: @2xus+1bV4cOHg

I was also told it would be on July 26th

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Post ID: @2cgm+1bV4cOHg

Calling bull on the OP. First off, it is never on Mooonday. Second, it is still scheduled for August 2nd, and not July 26. Don't know where they are getting this fake news and misinformation. Finally, I am an officer level leader. Yes, that's right. Director Fury in the flesh. Authorization omega delta 80-386. And to emphasize, that's Managing Directory Fury, authorization A1.

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Post ID: @1gkg+1bV4cOHg

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