Thread regarding Charles Schwab Corp. layoffs

RTO Meeting for Leaders today

Can someone please respond to this with some details on what's mentioned on today's call?

I'm sure Schwab will just carry on like nothing is happening but I think we would all like to hear any details mentioned

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| 2199 views | | 14 replies (last )
Post ID: @OP+1elXydWx

14 replies (most recent on top)

Remote work is the great equalizer in the sense that your workplace performance is now much more dependent upon your tangible results rather than how you look, how your “articulate” - I.e. your accent, or which gender you are attracted to. Whether we want to admit or not, in-office work is a conduit for bias. This is why homogenous firms (non-diverse) like Schwab still struggle and will have the adapt.

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Post ID: @nhil+1elXydWx

Full speed ahead on RTO for January 10. Aye aye Captain. Engage. Plow right through. Yeehaa.

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Post ID: @4dja+1elXydWx

It seems Schwab is opting to continue ahead with RTO. Can’t wait to watch that train wreck unfold.

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Post ID: @3ttm+1elXydWx

Unless your kids have a severely compromised immune system they will be fine. They also have excellent therapeutics that are touting 100% recovery on the most severe patients. As many have come to state including Fauci and Redfield, we will probably just have to live with covid.

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Post ID: @2zhf+1elXydWx

@2frq+1elXydWx
I feel your concern. Your kiddo is probably in the 2-4 age range. I have a kid that is just fully vaxxed (5-11). Its tough as some families also have to deal with immuno-compromised family members.

It is interesting that money grubbing orgs like the NFL and NBA chose to postpone games because of the current conditions, while Schwab just marches forward. The NFL and NBA are making decisions where they will lose money, while Schwab extending RTO loses nothing.

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Post ID: @2siz+1elXydWx

The messaging was basically like “everyone has had an opportunity to get vaxxed and boosted and if you don’t like it, submit to work from home”.

Not worried about me, am worried about bringing something home from the office and giving it to my kiddo who isn’t eligible for a vaccine yet.

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Post ID: @2frq+1elXydWx

It makes zero sense at all to RTO. All it’s going to take is one person to give a whole floor the Omicron variant. Then everyone is going to be out sick for days/weeks. Or if they’re not sick, they’re going to be WFH in quarantine anyways.

Schwab constantly shoots themselves in the foot, but this would be akin to shooting yourself in the face.

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Post ID: @2pos+1elXydWx

Google, Apple (indefinitely), Uber, Amazon, and etc. all pushed back their Jan/Feb RTO plans. Schwab has been using other companies as barometer in their RTO decisions.

I would not be surprised at all by the decision to push it back.

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Post ID: @2eom+1elXydWx

I was on the call and RTO is staying put at Jan. 10 but will be done slowly over an 8 week period. This is so that technology can be available for desk set up, supply needs, etc.

Not sure who posted that it’s being delayed above but it’s 100% inaccurate as of Friday’s call.

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Post ID: @2fqb+1elXydWx

@pmg+1elXydWx Couldn't care less what the new date is. Nearly everyone I know is 100% remote WFP by now. As many others said in other threads, I'm never returning to a Schwab office.

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Post ID: @nap+1elXydWx

Anyone want to take dibs on the new RTO date? My money is on May 1 (post tax season).

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Post ID: @pmg+1elXydWx

Blue Manager here. RTO will be delayed. Again. No big surprise. The official announcement won't come out for a week though. But given current conditions, it does not make sense to RTO as planned.

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Post ID: @vrr+1elXydWx

We all need to RTO so we can carry Princess Heier from useless meeting to useless meeting.

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Post ID: @xep+1elXydWx

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