Thread regarding Charles Schwab Corp. layoffs

Layoffs on 11/2, several hundred

Looks like November 2nd is the next round of layoffs. Don't have exact numbers, but expect several hundred will be impacted. No word if it will be blue or green heavy. Will post more details as they become available.

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Post ID: @OP+1dnPR7E2

21 replies (most recent on top)

So no one was layed today? There a post that 300 something got layed. So no one was layed today. Don’t no if that is good or bad.

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Post ID: @giur+1dnPR7E2

Come on man. I am pretty funny. I get an A+ for creativity. Just a few punch lines if you will: Les Schwab, balance tires, tire rotations, makes tires. Now compare that to Charles Schwab, a technology company at heart, that is a financial company: balance portfolios, balance BSTs, rotate nodes in a balanced BST, makes money.

That is pure creativity folks. It's funny. Come on. I'm obviously a tire technician with computer science training. I flunked out in my university, because I could not pass Algorithms and Data Structures. They weeded me out. I had a hard time with balanced BSTs like AVL and Red-Black and 2-3 trees. But I was great with balancing tires.

Life is funny sometimes.

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Post ID: @fnfm+1dnPR7E2

Come on man. I am pretty funny. I get an A+ for creativity. Just a few punch lines if you will: Les Schwab, balance tires, tire rotations, makes tires. Now compare that to Charles Schwab, a technology company at heart, that is a financial company: balance portfolios, balance BSTs, rotate nodes in a balanced BST, makes money.

That is pure creativity folks. It's funny. Come on. I'm obviously a tire technician with computer science training. I flunked out in my university, because I could not pass Algorithms and Data Structures. They weeded me out. I had a hard time with balanced BSTs like AVL and Red-Black and 2-3 trees. But I was great with balancing tires.

Life is funny sometimes.

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Post ID: @flbm+1dnPR7E2

Whoever the troll is, can you please stop? You got your attention.

This is a website where we try to sift through all the rumors and actual layoff reports, it’s important to people’s lives.

Can you find a sports site or something that doesn’t involve people’s livelihoods to troll?

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Post ID: @fhfx+1dnPR7E2

332 people were let go today. Sad day. Here at Les Schwab. Well gotta get back to balancing those tires, and rotating 'em. Wait. Sorry. Did I post in Charles Schwab again, which handles balancing portfolios, balancing binary search trees, and doing those node rotations?

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Post ID: @fxax+1dnPR7E2

Looks like the poster was wrong, no layoffs being reported.

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Post ID: @fntn+1dnPR7E2

are you sure it is tomorrow ??
someone posted several people got notified.. confused now!!

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Post ID: @ebnh+1dnPR7E2

The Les Schwab tire guy is pretty hilarious actually. Obviously this is a tire guy that has training in computer science, since he's able to reference tire balancing with balanced binary search trees. And he knows about tree node rotations, and how it "aligns" with tire rotations. Get it? Align. Alignment. Tire alignment. I'm a funny guy too.

It's amazing how much tires "aligns" with binary search trees. Balancing, and rotating. It all aligns.

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Post ID: @eyjm+1dnPR7E2

Probably a bunch of the posts here are from the funny tire guy. And he probably posted about October 4th earlier

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Post ID: @ekgn+1dnPR7E2

OP here. I did say 11/2 is the date. Not sure why everyone is jumping on 11/1. And not sure what the other poster is talking about notifications affecting several colleagues. It's tomorrow folks.

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Post ID: @ecpl+1dnPR7E2

Where? What area / org???

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Post ID: @eydz+1dnPR7E2

Several colleagues were just notified.

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Post ID: @eyte+1dnPR7E2

Is this happening today?

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Post ID: @eanj+1dnPR7E2

Good luck all. It's coming next Monday.

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Post ID: @bvoz+1dnPR7E2

Confirmed. 1st week of November. But I am hearing it’s 11/1, not 11/2. This was planned to be after IMPACT. Numbers will be several hundred, probably 300.

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Post ID: @7cvh+1dnPR7E2

Anything new that folks have heard about the next round. Is the date still 11/2, which is a Tuesday? Any word on the numbers that will be affected. Several hundred was mentioned by the OP, but that could be a huge range.

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Post ID: @2csd+1dnPR7E2

If they do layoffs November 3, does the mean they won’t be giving 2 months pay? Or are they willing to just have the people off the payroll end of January?

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Post ID: @1klr+1dnPR7E2

@fcm+1dnPR7E2

You are a bright one. You must be Kraft-Heinz steak sauce. Look. Les Schwab makes tires. Charles Schwab makes money. That's all we have to say about that. I got a bad case of the Mundies today.

My word. It is a Mundy! I deed deed. I deed see a Mundy.

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Post ID: @ifc+1dnPR7E2

@rgn+1dnPR7E2
Every layoff since the acquisition has been done on a Monday and spaced three months apart. It has been part of the plan. Just stating in case the OP later states they were referring to Les Schwab or Kraft-Heinz, like the October 4th person.

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Post ID: @fcm+1dnPR7E2

Well some obviously has a case of Mundies.

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Post ID: @rgn+1dnPR7E2

Typically they're done on Mondays.

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Post ID: @ptj+1dnPR7E2

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