Thread regarding Charles Schwab Corp. layoffs

Drips and drops

Sounds like this is going to drag on. A MD or director here and there to start, eventually trickling down. Why don’t they just do a big wave all at once? Are the logistics really that difficult? Maybe there is a big wave coming, but this trickle process feels unnecessarily cruel.

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Post ID: @OP+1nTdSlQx

9 replies (most recent on top)

@1nqm+1nTdSlQx 59 I believe, had a few people under them

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Post ID: @1tip+1nTdSlQx

Levels in org 12
Employees 35212
Non employees 12692
Total 47904

Let’s check the count tomorrow to see if ppl were really were let go today

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Post ID: @1hyo+1nTdSlQx

I know of a sr mgr that was let go today.

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Post ID: @1aay+1nTdSlQx

@1hed+1nTdSlQx which org if you can name that?

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Post ID: @1lmk+1nTdSlQx

@1hed+1nTdSlQx Was sr manager 58 or 59 band?

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Post ID: @1nqm+1nTdSlQx

Org chart might show lower numbers tomorrow

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Post ID: @1ifr+1nTdSlQx

Our org lost a Sr Manager and a Director today that I know of.

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Post ID: @1hed+1nTdSlQx

It’s a strategy to get as many people to quit as possible so there will be less severance pay.

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Post ID: @yrc+1nTdSlQx

Which orgs lost MDs and directors today?

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Post ID: @hty+1nTdSlQx

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