I have seen welcome aboard announcements recently for new hires. Why in the he-l would Schwab be hiring right now in the face of layoffs??
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It takes months to hire someone. So the new hires of today are for positions opened 6 months ago. But now that there are layoffs announced, they are not safe from it.
They converted one contractor to FTE in my team recently.
They want to thin out the Green associates as much as possible.
@wvt+1nYAUR6V - A lot less lower money???? So, they got MORE?
Those could be interns from last year - I would imagine they are currently making offers to the interns they had this summer
I'm only seeing new contractors, not new FTEs.
Depending on their grade, they are going to get a sweet package. Assuming they are laid off soon, and they are say grade 58, they'd be looking at a minimum of 11 paychecks as severance. That ain't too bad.
Because they probably got a lot less lower money than current FTE