Thread regarding Charles Schwab Corp. layoffs

Is your hiring frozen?

I was going to be interviewed and then the recruiter went silent.

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Post ID: @OP+1hgSaJov

10 replies (most recent on top)

@2bqw+1hgSaJov 💯. my team is outnumbered at least 6:1 by offshore. This just means I redo all their work during onshore hours. But Dennis promised repatriation so that should change any day now.

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Post ID: @7ssz+1hgSaJov

There is no single answer here. Some hiring is frozen, some is not. We are being asked to slow down hiring as a recessionary hit is expected.

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Post ID: @2ssc+1hgSaJov

Schwab prefers contractors anyhow! I swear they outnumber full time employees

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Post ID: @2bqw+1hgSaJov

I have heard that there is in fact a hiring freeze.

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Post ID: @2xyy+1hgSaJov

No, the fixed income team is still interviewing and hiring at the moment.

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Post ID: @1orc+1hgSaJov

No, green is not changing anything except jobs.

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Post ID: @1zjg+1hgSaJov

@mlb+1hgSaJov like it or not, green is changing things up at the new Schwab. and thank God. it's long overdue.

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Post ID: @jth+1hgSaJov

Most hiring is frozen - they are now only replacing people that leave or retire - no net new at this time, unless there is serious need for headcount in the dept - but that approval has to go pretty high up the chain...

Most that were "in the pipeline" will probably still go thru, but don't expect any new ones from here on out..

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Post ID: @kiy+1hgSaJov

Are you as high maintenance as green folks are? If you are then that is why the recruiter went silent. We don’t anymore greens!!!

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Post ID: @mlb+1hgSaJov

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