Assistant Managers basically operations only skilled (glorified tellers) are getting transitioned to the highest level banker with Us Bank. Most if not all, don't want or can't sell to save there life. They differ all sales to bankers. Most couldn't... — read more
Is it time for more layoffs?
The last time we've had layoffs was about a year ago. Can we expect a repeat this year?
Attrition is getting worse and worse
I wouldn't mind ordinarily, since it usually means fewer layoffs, but we're forced to pick up their work and it's quickly getting to be too much. Management either needs to stop the talent drain or start hiring. There is only so much one person can... — read more
Anyone else get laid off today?
Large corps don’t care about people.
Pandemic is bad enough closing businesses and people losing jobs now greedy corporations don’t cate they let more people lose jobs!!
Is anybody safe?
I know there's a lot of redundant positions that have to be cut, but what about the rest of us? Are any of us safe from these layoffs? The way things have been going, I'm not sure there'll be more than a handful of TD folks left once the merger and... — read more
Charles Schwab plans to lay off 1,000 employees following TD Ameritrade merger
More Layoffs Today - Unfair
Well, as you probably all have heard there were more Schwayoffs today, all to (former) TD Ameritrade employees and none to Schwabs. This is some Schwamily they are making. I know things will be alright in the long run, but I feel betrayed. Was TDs... — read more
first round of layoffs today, was your group impacted
i heard whole teams got cut
I think today they said they have 8K S/FC's and the other firm 7K S/FC's that's 15K FC's
I can't help but think they are going to just flat out get rid of ALL FC's at TD and only keep the SFC's. This is so messed up. Right now I just watched my new bride fall asleep in tears, with my unborn son, and she's scared to death how we're going... — read more
Schwab layoffs begin
First of many layoffs came down today as nearly the entire Senior Operating Committee (SOC) has been axed.
Schwab TD Amertrade Acquisition - Layoffs
What will be the impact of the acquisition? I am assuming there will be cuts in IT, HR, Finance and Marketing – that always gets cut as there will be duplication of roles and departments. Not sure about how big will things be – I am sure both sides... — read more
So long Tim
Branch closers, ceo on his way out. Next shoe to drop?????
Earnings could be a sign of future cuts
The Merger magic is coming to an end except cuts in the future
Layoffs are here
Springfield, scottrade layoffs - 100s laid off so far Does anybody have more info on this? Is this it for this round or can we expect more people and more locations to be hit sometime next week? It's been a rough weekend thinking about possibly not... — read more
Rationalizing costs = more layoffs
Although, Hockey said there will be no layoffs In Omaha, be prepared for more job cuts. Found this article on merger, and this is what worries me. “Costs are one of the most important drivers of the deal and they will look to rationalize costs on... — read more
The merger - Omaha is safe, for now
They announced the acquisition of Scottrade this week. Although there will be no layoffs in Omaha, at least for now, we should expect a lot of changes soon. A lot of overlaps, so Jersey and Texas may be at risk. Good luck to us all.
Really bad work environment
A lot of passive aggressive personalities.
Pete Ricketts is running for Governor of Nebraska, saying he is a job creator. I'd like to know how many people he is responsible for laying off in his time as COO of TD Ameritrade.
Why June 2014? It's more likely it'll happen in the Fall.
I do not have reliable info, but I can tell you that I heard that we'll be eliminating many folks . TD Bank will survive, do not worry about that but several months ahead of us we'll encounter large turmoil.
IT Group Layoffs at TD Ameritrade (June 2014)
I have been with TD Ameritrade for about a year now, I like it quite a bit, all is good. I heard that we might be cutting resources in June and I am concerned as I just started and I suspect they will be using tenure to decide who stays and who... — read more