Thread regarding Charles Schwab Corp. layoffs

They will never take our freedom!!!

Ladies and gentlemen,

I stand before you today to address a matter of utmost importance—a matter that affects not just our work lives, but our personal lives, our families, and our well-being. We have proven ourselves to be highly productive while working remotely for the past three years, and yet, in the face of a completed merger project, management attempts to force us back into the confines of the office.

But let me be clear: this is not about a mere change of location. It goes far deeper than that. This is about our freedom—the freedom to spend time with our families, the freedom to tend to our personal responsibilities, and the freedom to live in a place of our choosing. We have found a balance, a rhythm that allows us to excel both professionally and personally, and it should not be taken away from us.

Do not be fooled by the guise of in-person cooperation. Behind this facade lies a hidden agenda—a cost-cutting measure aimed at reducing headcount. Our management, after making poor long-term bond investments, seeks to find a convenient way to rectify their mistakes, at the expense of our livelihoods.

But today, my fellow employees, we must rise above their ploys. We have the power to shape our own future, to protect our rights and preserve our well-being. It is time for us to band together, to demonstrate the strength of unity and solidarity. Together, we can show our management that we are not pawns to be moved at their will, but a force to be reckoned with.

Let us gather our voices, let us share our stories, let us present our case with compelling evidence of our productivity and success while working remotely. Let us show them that we are not just employees, but human beings with dreams, aspirations, and responsibilities outside the office walls.

We deserve a workplace that respects our individual needs and values. We deserve the opportunity to flourish both personally and professionally. And we will fight for it.

So, my friends, let us stand tall, let us stand strong, and let us stand united. Together, we can create a future where our work-life balance is cherished, our families are prioritized, and our freedom to choose our own path is celebrated. Our voices matter, our contributions matter, and it is time for our management to hear us loud and clear.

Thank you, and let the fight for our rights begin!

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Post ID: @OP+1n8pgjMp

4 replies (most recent on top)

Why is our CFO still here? If literally everyone knew interest rates were going up, how did we not hedge?

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Post ID: @mda+1n8pgjMp

@ajf+1n8pgjMp Have you seen who they have chased off already? There were people who were widely acknowledged industry SMEs in Trading, FinTech, Artificial Intelligence and others that they chased out the door. They'd rather have agreeable mediocrities than Real-time quotes and a bot that knows what an ACH is.

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Post ID: @mcn+1n8pgjMp

Well said. In person collaboration is a false pretension for this move. They are going to see an exodus of strong and strategic thinking people and be left with fearful sheep.

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Post ID: @ajf+1n8pgjMp

In their greed and naïveté, and I would say profound lack of markets, Feds and history knowledge, our leaders took a directional bet on the bonds and lost. They could easily averted all of this if they hedged the positions with interest rate swaps. To be fair, nobody in the banking industry was doing that. So here we are, as usual, those that made those catastrophic decisions will still collect their hefty bonuses, and force us to bend over and chant in the name of “looking through client eyes” bs.

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Post ID: @fcb+1n8pgjMp

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