Thread regarding Charles Schwab Corp. layoffs

More posts from today

Here are some posts from earlier today that got burried in the second page:

Impacted- 57 IC within CRM (1st/2nd LOD)
Post ID: @OP+1plCO04j

Done! Was laid off this morning. Was expecting it but still a jolt. Last day is Jan 5th. Eligible for year end bonus. Severance paid after Jan 5th.
Post ID: @OP+1plNyVQJ

Does anyone know how the WST teams have been impacted?
Post ID: @OP+1plDGKkC

Branch FCs - Affected are branch FCs as well I am hearing
Post ID: @OP+1plZ4YAc0

Blue vs Green -So far all the folks I've seen let go have been legacy blue. Coincidence??
Post ID: @OP+1plibHLA

Even greater news in all this darkness - Noodles still has a job and will continue to drive technology into the dark ages. The village has spoken, Schwab can keep their Schwidiot
Post ID: @OP+1plezfOa

Is PIE done? -There was very little impact in the PIE org today and I'm wondering if it's done or if there may be more layoffs tomorrow or Wednesday.
Post ID: @OP+1plegifL

Status Unknown = I think** ... In teams, if a person's status is unknown, then they have received notice. Just a pattern I am seeing with people confirmed gone. I think it takes a few hours to propagate into teams but the pattern is consistent.
Post ID: @OP+1pls3lI2

Know someone impacted? Proactively write a postive review on LinkedIn
Post ID: @OP+1plGdPvo

This day officially su-ks
Post ID: @OP+1plO3lAY

Branch changes ? Does anyone know if fcs in the branches will be impacted? If so, any idea if it might be today or tomorrow?
Post ID: @OP+1plFZ7iA0

AS is getting eviscerated Lots of folks in advisor services being let go. Including client facing leaders.
Post ID: @OP+1plg2AEU

Many NERD Alumni Laid Off
Post ID: @OP+1plzELay

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Post ID: @OP+1pm8Ytt0

3 replies (most recent on top)

58 IC , got the news this morning.

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Post ID: @uec+1pm8Ytt0

Many NERD Alumni Laid Off
Post ID: @OP+1plzELay

Someone is deleting posts - Not sure if it's admins at the layoff or what but there was a post called requesting basic info if you were impacted, and now it's gone. As much as I love this site...it is filtered at some level. I will bet this one will be deleted in less than 10...
Post ID: @OP+1plwnTSJ

59 PL Here - It is today. - 59 PL Here - It is today! - STS PL and just got off the meeting.
Post ID: @OP+1plHy0X9

It’s happening - Layoffs have officially begun in Move Money
Post ID: @OP+1pl5kO3i

The Day is Upon Us - Best wishes ladies and gentlemen (but not you mentally fu---d up furry types)
Post ID: @OP+1plWOn6a

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Post ID: @wyq+1pm8Ytt0

Got an all clear - And for me that is the opposite of the news I was hoping to get today. However I am happy we at least got a notification vs nothing.
Post ID: @OP+1plT8iAy

I’m outta here - 59 PL. No regrets. There are far better places to work. Good luck everyone!
Post ID: @OP+1pluZxTJ

Org chart change after layoffs - Hi - Any idea if org chart reflects layoffs happening this week or will it get updated only after notice period is served and after last day
Post ID: @OP+1plOO8HT0

Layoff happened via team message and a call after that! Termination date is Jan -5 -2024 and severance will be given later
Post ID: @OP+1pl1rsbw

58 IC - just happened - No meetings on calendar - just a Teams message and quick call. Notice period ends 1/5 so still on payroll until then
Post ID: @OP+1pl7xy2c

I'm not sure what I'm hoping for - That's what all this wait has done to me. I'm honestly not sure at this moment if I want to pray not to be laid off or the opposite.
Post ID: @OP+1plH8AZE

Are PLs and MDs giving the short term all clear today also? - Are MDs and PLs instructed to have a departmental or team meeting to give a status update and tell everyone else that remains that it's all over for their group, for at least now? When do we get the short-term all-clear status?
Post ID: @OP+1pllOyhb

Who Were Laid-off Today? - See posts of people getting laid off, seems like it was tech and some business units. Any updates to this? Which teams were heavily effected? Noticing most were level 56+ Any idea of what is expected to happen in the next round of layoffs after...
Post ID: @OP+1plFyzpe

It’s happening… Good luck folks - My teammate just got laid off. May the odds be ever in your favor.
Post ID: @OP+1plSBtc4

So glad I left a few months ago - I doubt I would have been laid off, but even for the survivors, these times are never good. Schawb's toxic culture is the fault of clueless leadership from the very top down.
Post ID: @OP+1plvnFKV

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Post ID: @hps+1pm8Ytt0

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