Thread regarding Charles Schwab Corp. layoffs

What is your biggest complaint about leadership?

I know that some will now say that have many objections, not just one. Those at the top are perhaps too destructive. I also wish we would get a new leadership, but I'm afraid it's just wishful thinking. I think that in any case I will leave Schwab before the changes at the top happen.

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Post ID: @OP+1eMXK3rT

9 replies (most recent on top)

For sure the obvious lack of diversity at the top. I recall entering the auditorium in SF for the annual officer meeting (SVP and EVPs), pre-Covid, and seeing an entire room (about 150 executives) and no more than two non-Caucasians in the entire audience. This is not representative of the demographics of the general US population and does not represents the client base.

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Post ID: @ftkp+1eMXK3rT

@8vmj+1eMXK3rT
And you surely add to that diversity in different kinds of stupid. You are a class all by yourself. Diversity. It works. Don't know about good e'nuff, but certainly clear enough.

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Post ID: @8ttf+1eMXK3rT

Not sure what y'all are talking about. There is diversity at Schwab for sure. Think about how many levels of stupid you encounter on a daily basis. Diverse enough for ya?

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Post ID: @8vmj+1eMXK3rT

The janitor that cleans the executive C suites is a minority. You can't say there is no diversity.

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Post ID: @7dmi+1eMXK3rT

They seem to think that everyone is a 50 plus white person living in a suburb.

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Post ID: @4lun+1eMXK3rT

Can’t have servant leadership at Schwab as we are just servants to Princess Heier and his court jesters.

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Post ID: @2wpa+1eMXK3rT

Actual leadership qualities are non-existent. Incapable of answering tough questions or making tough decisions. Completely absent outside of scripted podcasts and corporate comms. Completely inaccessible.

Im sure Schwab Green remembers when TDA’s CIO used to have monthly “Ask Me Anything” sessions for all of the technology org. He answered every question, even the ones that were critical of his decisions. Problems were identified and he took them or delegated resolution to his directs on the spot. He wasn’t perfect, but miles ahead of what we have now.

We need more servant leadership like that at Schwab. If you take care of your employees, they’ll take care of your clients.

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Post ID: @1swq+1eMXK3rT

The lack of diversity at the very very top.

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Post ID: @1hfy+1eMXK3rT

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