Thread regarding Charles Schwab Corp. layoffs

CS in a sorry state of affairs

Maybe it's just me, but I have the feeling that more and more people are looking for ways to get on the layoff list and get paid to leave. Have you noticed that too?
That's somewhat understandable but also it speaks volumes about the state of affairs here.

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Post ID: @OP+1nL39q9t

8 replies (most recent on top)

@1qhg+1nL39q9t post was in response to another. in addition to Empathy training, some might need Reading training as well. Oh, while you’re at, “sarcasm” and good manners might help you better navigate a corporate environment.
And thank you for validating my inclination to not return to office and risk sitting anywhere near someone like you.

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Post ID: @2okz+1nL39q9t

TROLL alert

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Post ID: @1lln+1nL39q9t

@1igm+1nL39q9t amazed you were able to type all that with Walts b-lls in your mouth.

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Post ID: @1qhg+1nL39q9t

@1igm+1nL39q9t you’re absolutely correct! Just look at the pathetic results from the past 3 years. Every announcement always about how terrible we were doing. No collaboration whatsoever, it must be a miracle they didn’t shut this place down! Can’t wait to see all the innovation, as things move at lightning speed!

Jeez! There should be some mandatory Empathy training.

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Post ID: @1tcl+1nL39q9t

I must respectfully disagree with your post. This is the best time to be at Schwab in years. It's essential to recognize that employees seeking the layoff list might signify a drive for efficiency and strategic reorganization. Schwab's commitment to a successful RTO is evident in their decision to retain valuable real estate assets. The mandatory return to the office fosters collaboration and innovation, ensuring the company remains competitive. Layoffs, while unfortunate, are a standard practice during significant transitions like the TDA acquisition. Let's focus on embracing change and leveraging our potential to maximize growth and profitability. See you at the office!

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Post ID: @1igm+1nL39q9t

Of course RTO was going to happen - that is why they still have all of their expensive real estate

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Post ID: @egd+1nL39q9t

RTO was always going to happen . However if you applied for a fully remote job, and made plans based on that knowing, then shame on schwab for making it mandatory to now to return to an office or other site. Layoffs, too, were always going to happen toward the end of this 4 year transition from 2019 when news announced acquiring TD, to final completion 1st qtr 2024. Fiscal year ,means the bulk of layoffs before EOY. And with 60 day warn notice, notices will be sept /Oct. It is the WAY IT WAS COMMUNICATED. if we need $$ so badly why doesn’t top mgt , Walt and Ec, reduce salary by 50%. Walt still woukd be getting 12 mil ! Jesus, how much $$ do they need?. How are they helping share price go up? Crickets….they are just angering employees,who service the clients ,now with a bad attitude…which means they will take their assets somewhere else..further drain on the stock price. Make schwab great again…don’t see it happening til removal of those in charge who have made some atrocious decisions . Low interest bonds, treating employees like gnats to be swatted away, lack of considerate communication. This place is like a scab on a wound, won’t heal if you keep irritating it. I don’t see the irritation stopping anytime soon.

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Post ID: @nke+1nL39q9t

Is not just you. Sign me up please

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Post ID: @kue+1nL39q9t

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