If Schwab is serious about expense management, start holding MD levels accountable. Not sure how many are in STS about 50% can be reduced… they all just enable politics and misdirection as they are not needed…. If we already have 2 MD layers why... — read more 

I know quitting without something lined up would blow back on me, but staying in this work environment is wearing me down piece by piece. The manager who replaced one of the best bosses I ever had, before he was cut, is wildly incompetent and masks... — read more 

Just saw an official Schwab social media post about how well the company performed last year. It’s too bad that won’t translate into better merits and bonuses Had a quick talk with my manager today and they said merits and bonuses were virtually... — read more 

It went from being a top place to work to feeling like they're actively trying to stress us out. The change over the last few years has been unbelievable.

Ex-Schwabbie here. If you are dissatisfied with work conditions, pay, treatment from leadership I would highly encourage you to check out the NLRA. It gives private sector non-supervisory employees the right to discuss such issues on social media... — read more 

Here’s what stands out: It specifically flags badge-ins at non-designated buildings. Amazon says managers must use discretion, but the data is now standardized and on-demand. The conversation is no longer about remote vs. office. It's about... — read more 

Just got an Email to Onboard a Person in India - New Offshore Team. How much time do I have ? I've been here 6.5 Years.

Hi everyone, I'm wondering if anyone has heard about potential cost-cutting measures or layoffs affecting contractors at Charles Schwab? With the current economic climate and many companies restructuring, I'm curious if there are any known plans to... — read more 

Most people (not all) do not understand - How important it is for the Fed to maintain independence in its' policy making, and monetary decision making. Does anyone really want an (unqualified) politician determining monetary policy that can... — read more 

I’m genuinely surprised by the rumors of a Talk to Chuck reboot. IIRC, the original campaign launched 20 years ago as a marketing initiative built on trust, integrity, and Chuck being approachable and aligned with everyday investors. Hard to see... — read more 

Good luck with interest rates for the next 3 years. Be like Powell. https://www.federalreserve.gov/newsevents/speech/powell20260111a.htm January 11, 2026 Statement by Federal Reserve Chair Jerome H. Powell Good evening. On Friday, the Department... — read more 

How can a company change so much for the worse in just a few short years? I still can't wrap my head around it.

It amazes me that (some) employees at Charles Schwab do (not) even understand basic U.S. economics - The (2) contributors for a Major recession when they do (and have) happened during U.S. economic-financial history are Unemployment, and a Major... — read more 

My manager is managing me out it is quite obvious. Is it part of the Schwab management playbook to make up bullsh-t compliance cases to terminate you for cause so Schwab does not have pay severance?

U.S. Government needs the (future) Tax revenue from (New children) born in the U.S. Since households are having less children over time. In 2025, it was 1.6 children per household. 1946 - 1964 - Baby boomer generation it was 3.6 children per... — read more 

To all of those who are treated like cattle sitting in small stalls all day while the elites sit in their offices with their doors closed…emerging once a day to say hi to the little people while deciding who to layoff off (mainly based on politics)... — read more 

The calendar marks the end of 2025, but layoffs, politics, and nonsense persist. Like others, I joined this company years ago and delivered results. Now, I’m extracting small victories, like a tooth fairy. My team used to collaborate and execute... — read more 

I was researching job openings during work yesterday, and my manager walked over and saw my screen. She confronted me about it, and I denied it in the moment. Now I'm anxious about potential consequences. Could this actually get me fired, or just put... — read more 

In coffee line waiting for barista to take my order, overheard two people behind me talking quietly about organizational changes in Q1. Has anyone heard anything about this they can share? Will it be due to layoffs?

Given the limited options and their inflated prices, a quick layoff would be ideal.

Do you predict that there will be Charles Schwab layoffs? Any chatter, news or rumors?

Started at Schwab a while ago. I have noticed that less than 50% of the people show up on a given day where I work. Many clock in at 9:30 or later, and are gone by 3:00, plus take a looong lunch break. I am puzzled. Will the 4 day RTO really... — read more 

All of the boomers on here will tell you that you are fortunate and should be grateful for the opportunity you have to work for a company, blah...blah. The reality is that none of us matter to any company, and none of us have ever mattered. The... — read more 

Doesn’t matter if you’re in STS, CRM, CSS, RPS, etc the whole system is built to benefit the top and treat everyone else as disposable. Leadership knows exactly how toxic it’s gotten but they just don’t care. As long as the stock price stays high... — read more 

Lately it feels like we’re drowning in projects while only a handful of full-time employees are expected to carry all of it, and somehow the workload just keeps growing. We’re constantly being assigned new tasks without any additional support, yet... — read more 

In 1914, unskilled Ford workers were paid $5 a day for a six-day workweek — totaling $1,560/year, roughly 75 ounces of gold at the time. Today, with gold at about $4,210 per ounce, that same 75 ounces would be worth over $317,000. Meanwhile, the... — read more 

Some of the best folks I’ve worked with over the years are leaving Schwab on their own because they’re tired of guessing what’s next. It’s depressing to watch talent drain like this.

Don't bother working for this company of you don't want to see the executive council be the only ones who get money. Also you will have no say in any company policy. If you speak up with a good idea to improve processes or morale you will be... — read more 

PL here. If you are a legacy Schwab employee you need to know that you are getting sc--wed badly on your bonus. Your TDA colleagues (that are peers to you) have a much higher bonus percentage (5%+ more). When Schwab switched all legacy blue... — read more 

I read that when Schwab wants you to quit they start write ups and the compliance team starts questioning your every move even if you are doing nothing wrong. Eventually Schwab sits you down and asks you to resign or else they mark your... — read more 

Does anyone have any insight into the job satisfaction and future growth of SWA (Schwab Wealth Advisory)? There are so many job postings open around the country for advisors and managers. Is this a relatively safe division to work in at Schwab?

Can we talk about how awful the company culture and military like the culture is at Schwab? Along with the constant broken promises for career growth to employees feels fraudulent! They have been playing all kinds of dirty tricks on employees to... — read more 

When are we going to call out this company for doing small layoffs to stay under the WARN number to keep it quiet and implementing RTO to make our lives miserable so that the EC gets the attrition they are looking for? Rick said no plans to change... — read more 

I can't think of any.

Let's vent in this thread. That's it, that is the message.

Currently, quite a few fully remote workers are still with the company. Once they got rid of promotions/job growth for remote employees, it seemed like layoffs are imminent. What are the chances that remote employees are let go once RTO 2.0 starts in... — read more 

I joined four months ago, I'd just like to know if Schwab ever has layoffs around Thanksgiving and Christmas or if there is no need to worry before next year?

Charles Schwab and his wife Helen attended the White House Dinner - the special guest was Prince Mohammed bin Salman Al Saud. Questions regarding the appropriateness of Charles R. Schwab - who continues to represent and lead the company in his... — read more 

Layoffs?!? Layoffs?!? That’s impossible. I was told by reliable sources at the corporate update that no layoffs were “planned.” Crazy coincidence the layoffs that were not planned just happen to have occurred the week after the Impact roadshow. What... — read more