Thread regarding Charles Schwab Corp. layoffs

Look. This is just a job. If you like the new RTO5 policy get another job. I got an idea, why don't you apply to Amazon?

Unfortunately, the days of: "I don't really care where you work from; just be available and get your cr-p done." is over. Even managers that want to manage high performing staff with this style are forced into that stilly badge swipe / clock watching micromanagement. I have a feeling the high performing team members are going to continue to leave and STS will be left with the check collecting butt in a seat.

I'm not sure this idea of a passive layoff through "voluntary" resignation after micromanagement is going to have the desired result for the staff that stay... TBD.

Of course we see individuals names. Whoever said we don’t doesn’t know how to use the dashboards.

They are tracking everything don’t be id--ts. They are letting people go who for get to enter telecommute instead of regular hours and claiming it as time sheet manipulation. When Rick tries to cut cost to impress shareholders he’s coming for you

The reports that PLs get show the individuals too. Most likely they don’t show that detail to all the employees but should be speaking to the ones who need to improve.

Seems HR is butthurt by medical exception advocacy. If you have a d-mb policy and a way around it you’d be doomb to not take advantage.

I guzzle about 7 cups O coffee, head into the office and throw down an hours worth of explosive diarrhea and badge out like a boss

Those reports don’t tell individuals, just and over all % of those coming in and out. However, they can drill down to find out the individual.

I heard over the cubes so they are tracking it.

Two words.

Medical exception

We had a team meeting and my manager told us that rto policies won't change this year or next year. So looks like 3 day policy remains. I am an individual contributor that's all I know.

Just get your manager to approve your telecommute hours and work from home. If your presence is really required to solve a problem then go in else don't go in.

"Just Quit Guys Its a Job. Move on go someplace else."

Ok Comms Grunt. If there's one person we could definitely do without, it's you. But you do have a point. Who wants to work at a place where suggestions are viewed as dissent and Comms id--ts are assigned to come into unaffiliated forums to tell employees to quit.

This is crazy.. My entire team is remote and now I am being monitored ? Fu-k This. Make all remote folks go in or go home. Why the double standard ? I don't mind going in but when everyone is remote what do I get by going in and being on Teams meeting for 4 hours and driving back 3 days a week ?

If you are in the office and take a dump, HR is counting azz wipes. Anything less then 3 wipes is non-compliance. Single wipes are just unacceptable. Don't ask how they actually collect this data, and where those sensors are that count those wipes.... It ain't pretty.

If all of STS bands together and just refuses to comply, they will have no choice but to bend. They cannot fire us all. Yes, keep the MDs, and let them run the systems, write code, deploy, write unit tests and integration tests, do some CI and then some CD.

This is isn't a rumor, they are actively reporting on this. My own org and team has numbers that shows compliance based on badge swipe. We are close to the target goal, but are not in compliance. The manager had a team meeting and this was discussed, where we reviewed the requirements for compliance. They have been doing this for a few months now.

Just Quit Guys Its a Job. Move on go someplace else.

It’s mind boggling to see people not complying with the rules that a company set up and getting away with it. Schwab will ‘kindly’ ask you over and over until they won’t. You don’t like RTO? Go find somewhere else to work. We are all expendable and no one is special.

Badge swipe reports have exist for at least the past couple of years, people leaders have been shows these as far back as 2022 from what I recall. What has been done with that info clearly has been inconsistent.

They know more than you think - not only badge swipes but can look at your ip address from where you log in - they know - it is nothing new. Don't be upset - if you are not being honest they know - that is why they keep kindly asking you to do what you said you were going to do

There is a dashboard that monitors and tracks every day you swipe your badge and compares it to your WFH expectation along with PTO, sick, etc. It shows how you adhere to the expectation - as a percentage. So if you WFH a few extra days your overall compliance percentage drops. It’s manager discretion - as of now, to address it or not. Also records where you badged in. It also is used to compare with your Workday timesheet record to make sure you account for WFH days.

It’s full on big brother 1984 style.

I knew this was coming, the writing was on the wall. All the people on this board bragging about not going in and not being reprimanded - well here ya go. To believe Schwab wasn’t slowly collecting this data to get you good was so naive. The data will either be used for terminations and/or to say well this is why we have to enforce RTO5. If not terminations then certainly write ups that will save the firm on paying out a bonus. They were always watching and waiting for the right moment. Don’t ever think you can get one over on Schwab when the biggest schemers are the EC.

STS. I’ve had dozens say no thanks when I tried to get them to apply. Let them dance. In some groups there is 0% compliance. Fire all of us? Right. And if they do it’s still better than moving or coming in for no reason other than to lick ______.