So they tell us to use AI, your review next. Year will be dependent on your AI Adoption. Then when they figure out how expensive it is and they say oh you only get so many tokens now. So what is it. My job depends on AI Adoption or my job depends... — read more
Stuck in Career Growth
Hey, guys wondering which orgs should I consider transferring too. I want know which STS are green or red flags. I’m currently an associate engineer with continued meet standards in CET,RWT and I keep getting things blocked due to budget related... — read more
“Schwamily”
The company will keep making more money, raising expectations and goals, while my paycheck pretty much stays the same, and benefits get worse.
Changes to hiring in the US?
Heard today that Schwab is going to discontinue hiring in the US and all backfills and future roles will go to GCC. Has anyone else heard this?
What will be the changes to the benefits plan next year
Remember that survey we had to fill out? What will be the changes? So many people speculate that Schwab will discontinue the health plan, give people a fixed sum, and let people find their own insurance.
Workload
Did the workload go up the last couple of years? Or is it just me getting lazy?
Rock the BOET?
Any insight on what's cooking? Pretty clear that there is no need for Project Managers anymore, and that they are rapidly phased out, together with the Portfolio Manager level of directors. Feels like the operations side will be on the front... — read more
Glint survey - STS
Looks like a downward trend. How long before leadership is getting culled? Or is miserable results acceptable now?
June layoffs?
Anyone know if there will be new layoff rounds in June? Hearing rumors that layoffs could become a quarterly occurrence. Any insight on whether there might be cuts next week, and if they would be concentrated in STS or spread across multiple... — read more
Financial planning and advice team getting cut
Informed today that financial planning group of 70-80 tenured professionals or so is going to get cut. When pretty Ricky tells you they won’t cut advice jobs due to AI , do. Not. Listen.
HR creates problems that don’t exist
Ineffective. Politics. Curious what your experience is with a 300+ team of HR ‘professionals’? What is it they do, let employees know to complete a survey and attend pro day?
A real top workplace assessment
Schwab and Lone Tree didn't make the list. Hmmm... https://www.denverpost.com/2026/05/13/top-workplaces-2026-flexible-workplaces/
Meetings that should have been emails
I just want to do my actual job and go home. Instead, I spend hours in meetings where nothing gets accomplished, where we generate more questions than answers, and where people just complain about things that no one is going to fix. It is exhausting... — read more
Outside Business Activities STS
How is this allowed when STS is so behind on tech compared to others in industry? When others cant do anything that will get approved by... — read more
We didn’t listen
Layoffs are about politics and wages, not talent. Speak up? You’re on the list. Good people were kicked out after cloud, XaaS, third party integration, and confidential data outside our control warnings. Now? Industry breaches. Compromises. Remind... — read more
T2 Burn Out
Anyone else in a T2 department that’s consistently told by higher ups they are not backfilling positions and we have enough people. Yet everyday we’re in an alert due to terrible service levels and have tons of people waiting on hold, meaning we only... — read more
KeEp Up ThE cOlLaBoRaTiOn WiTh RTO GuYs!
Come on guys!! I know gas has doubled now but we gotta keep the collaboration going and our great culture!! We gotta keep making Rick and the EC millions!!!
Glint survey
Is it completely anonymous or does is it a little more descriptive like- “one person scored 1 on question 1”
Act like children
If they want to continue to treat us like children what’s stopping us from acting like children? You know RTO5 is absolutely coming soon. They will start monitoring how long you’re working somehow. Have a long commute? You better be working while... — read more
RTO
Stop telling me what you watched on Netflix last night. I don't care what you watched on Netflix last night. I don't care that you're behind on Severance. I don't care that you're rewatching The Wire. I don't care that your wife made you watch The... — read more
Notice period
If you give a 30 day notice, will you be walked you out that day? If so, will they pay out the 30 days?
Custodians Won't Hire
I've been turned away by 4 RIAs for jobs that I am well qualified and experienced in. Jobs they are hiring for, and Schwab does not have postings for. Each of them says "since we custody with Schwab, we have agreements signed that we cant hire... — read more
How about that COLA we were promised last year?
Anyone else remember when Ricky got up on stage at that 2025 end-of-year townhall to proclaim that we would be getting COLAs on top of our merit raises in 2026? It's been nothing but radio silence since then, share prices are down 13% YTD, and we're... — read more
What constant cuts really mean
A healthy company hires when it needs to and keeps people when they're doing good work. A failing company cuts over and over, calls it restructuring, and pretends things are fine. We've been through how many rounds in the last few years? Certainly... — read more
GET READY FOR LAYOFFS!
Insider info from leadership meeting today.
Vague Coaching Memo
I've had multiple coaching memos doesn't take a genius that they want me gone lol. How long do I have until a formal PIP?
RTO - Return-to-Office. It should be (Mandated) for Everyone (without a Viable Exception) now.
RTO - Return-to-Office. It should be (Mandated) for Everyone (without a Viable Exception) now. Back-in-the day, employees are (expected) to be at work; not doing other things at home (during work paid hours).
Will there ever be repercussions for not being in the office four days each week?
So many of my colleagues coffee-badge or come in less than four days per week RTO. Is this a psychological experiment to see what happens when one groups does not hat they’re told is expected of them and the other does the bare minimum?
Not popular opinion
No shade to the other CEO, but I really enjoy Rick’s meetings. Full of great confident and I love how he takes all the questions on without having to reach out to his team. He is prepared and knows his stuff. It is a lot of info too… he must have a... — read more
Fidelity FT RTO
Been applying to a few jobs at Fidelity down the street. Heard from a friend today that they’re mandating a 5 day RTO in September. Previously, they were 1 week in one week out (in office every other week). I don’t believe they have wfh weeks either... — read more
Can we talk about the CHRO
She is taking this company so far away from what we once were
The irony of it all
They pushed RTO hard and productivity somehow dropped instead of improving. Who'd have thought? (Other than everybody with two functioning brain cells, of course.)
Corp locations
It seems most building offices are constrained for space and with the recent return to office, it has made hiring in locations almost impossible. Are they going to open up new buildings are get leases for locations constrained?
Cresta
Is there any good reason to have Cresta installed? We were forced to download it this week. Most of the time it’s in my way and the conversation summaries are not accurate. I don’t see much use for that application other than it probably training AI... — read more
Anyone have any info on what a corrective action plan is?
I’m about to get put on a “corrective action plan” over my AI sentiment score. Does anyone know what that even means? I don’t see anything on the Schweb about it. My accounts seem to like me a lot so getting put on a PIP over the AI giving me a bad... — read more
Hours in office policy
Does Schwab have an official policy for minimum hours in office, or how early/late you can be in the office? My manager mandates 9 hours in office and you cannot leave before 4PM. The two other team managers mandate 7.5 hours with many working... — read more
STS architect gripes
The architect for our organization keeps using Gartner reports , online research and chatgpt to command what the devs need to do. He has no clue on real software development, has not written a line of code and woefully incompetent. Our MD loves the... — read more
Look around the office
The bodies are there but the people aren't. Hundreds have already left in their heads. We do the minimum, watch the clock, and wait for the day we can physically leave too. Schwab did this to itself.
STE reduction of team size?
Have you heard about reducing team size to 10 or less across the board?