Thread regarding Charles Schwab Corp. layoffs

How would you describe the current culture?

With so many employees who very openly say that they would like to be laid off, it is clear that something is wrong with the culture at Schwab. If I were the leader, I would be worried about it, but I don't think they care about it in the least. Culture comes from the top, after all.

by
| 2657 views | | 9 replies (last )
Post ID: @OP+1hUyUE1A

9 replies (most recent on top)

Colt 45 and two Zig-Zags, baby, that's all we need
We can go to the park, after dark
Smoke that tumbleweed.

by
|
Post ID: @9mqg+1hUyUE1A

@4dxe+1hUyUE1A The ones that are leaving are truly the ones who are trying to make Schwab a better place but stagnant management (e.g Heier) blocks any change and Howard doesn't have the power to allow change. This leads to frustration to the ones who really care. The ones staying don’t really care and just keep cashing the checks for as long as they will come.

by
|
Post ID: @6znf+1hUyUE1A

If you want to get laid off, just take the bull by the horns and quit. If you wait to get laid off - and by the time you do get laid off - there will probably not be any decent opportunities left. How do you know the severance is going to tie you over? Why are you giving the company so much power over you such that you are letting the company dictate your next career move?

I can respect those who want to stay and do not want to be laid off. They are probably the ones who would like to make the company better and more invested in its future. Schwab is still a great company and a prestigious one too. For those who want to be laid off, they are the ones who will make the workplace toxic as they are looking to only collect and feel entitled to be paid out. Severance is a privilege and not a right.

by
|
Post ID: @4dxe+1hUyUE1A

Simon Indge is still the village I d i o t

by
|
Post ID: @3lkz+1hUyUE1A

Having left in May I have much less skin in the game. I wished Schwab well then, and still do, since I have a lot of friends still there, which is the only reason I pop my head in here. I think that @1foc+1hUyUE1A is on to something, and @1pxx+1hUyUE1A is demonstrating it. Thanks.

by
|
Post ID: @1nwh+1hUyUE1A

Why not just quit? Are you that feeble minded that you cannot even go out and get yourself something better than a job that you hate so much?

by
|
Post ID: @1pxx+1hUyUE1A

I joined Schwab before Covid from another "greenish" firm, and one thing I saw among the Blue employees, was that, they thought, their po-p didn't stink. The only saving grace for me is that I am back with the green team that I had prior to starting with Schwab and the green folks and I got along great. So I really think it was a old-ish mentality with blue employees that stuck with generations over time. But I think for the most part everyone is just getting by, there is no real fire or motivation among the ranks. It makes it hard to stick around, but I am trying to tough it out, and trying to make it better.

by
|
Post ID: @1foc+1hUyUE1A

As you read through different posts on this website, you see many of the same complaints or wishes to be included in layoffs.
Something got broken during covid.

by
|
Post ID: @lof+1hUyUE1A

Post a reply

: