Thread regarding Charles Schwab Corp. layoffs

If enough people don’t quit will they layoff??

Assuming the sudden, unexpected, complete reversal and straight up LIE doesn’t force enough PEOPLE to quit, are layoffs coming?

WTLF?

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Post ID: @OP+1n9q3QVm

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https://www.thelayoff.com/post/@ytp+1n9q3QVm

If they want to layoff everyone in STS instead of fixing their pseudo agile and finger pointing culture and replce them all with offshore, they will get what they pay for. Also, 250k is on the high end. That is what directors and above are making. Very few ICs are making that much who aren't Architects, etc.

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Post ID: @1yft+1n9q3QVm

Absolutely. A merger of this size is going to have thousands of layoffs, it's unavoidable.

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Post ID: @ydt+1n9q3QVm

For sure. Over 6,000 STS employees alone. At least half of them can go. And at an average pay of $250k each, looking at saving $750M per year.

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Post ID: @ytp+1n9q3QVm

absolutely there will be

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Post ID: @bpc+1n9q3QVm

Layoffs are coming either way.

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Post ID: @vog+1n9q3QVm

Hopefully.

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Post ID: @cdi+1n9q3QVm

There have been quiet layoffs already

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Post ID: @txn+1n9q3QVm

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