Thread regarding Charles Schwab Corp. layoffs

Schwab 2025 and layoffs D

I understand this board is for discussing layoffs but layoffs don’t happen in a silo. A company’s culture and leadership decisions tell you a lot about who makes these calls and why. IMO Schwab’s leadership has shown a pattern of behavior worth considering if you’re worried about job security and layoffs.

It seems there’s been an erosion of integrity. A recent example is Schwab’s decision to platform TruthFi. In 2021 Schwab announced it was taking an apolitical stance, shutting down its PAC and stating it was best for clients, employees, and shareholders. In 2025, they quietly reversed course, choosing to platform TruthFi, a financial venture with highly political ties. This is not speculation—this information is publicly available and easily found via Google search.

At the same time, discussions about this shift keep disappearing from public forums. If leadership stands by this decision, why actively suppress conversations about it?

Schwab’s guiding principles are “Trust is Everything” and “Through Clients’ Eyes”—so why try to control what clients and employees see?

Meanwhile, at this point it appears leadership pushed return-to-office not for “collaboration” but as a tool for forced attrition. Promotions and bonuses seem to go to friends and insiders, while others get left behind. Leadership often appears more focused on managing up than actually supporting their teams.

Schwab is a profit-driven firm—which is fine, but IMO, they should stop professing trust and integrity matter when actively contradicting those values. The firm has made it clear that profit, control, and optics come first. Employees do not.

If layoffs happen, look at who’s making the decisions. What have they shown you about their priorities? Their lack of integrity isn’t about you, it’s just who they are or have become. Understanding that won’t save your job, but keeping it in mind might help soften the blow.

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| 5192 views | | 20 replies (last January 21) | Reply
Post ID: @OP+1jktq8eqt

20 replies (most recent on top)

We just got an email that our long-time Schwab financial advisor is no longer with the company.He is about 62-or 63. He would not have quit so close to retirement. He was located in Cranberry Township, PA. He was a vice president.

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Post ID: @1gq6+1jktq8eqt

Definately can see how liberal this firm is - sad..

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Post ID: @1js+1jktq8eqt
Libs truly destroyed the country. 47 is restoring common sense. Don’t like it? Move to Mexico

Highest stock market, strong economy, unemployment near all time lows, inflation under 3% with a shorter time than other countries (inflation was global coming out of COVID).

Where are we now? Inflation jumping up, trade wars, threatening to invade allies, focusing on building Gaza and not US homes... common sense?!

No.

As much sense as the penny.

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Post ID: @t8+1jktq8eqt

Libs truly destroyed the country. 47 is restoring common sense. Don’t like it? Move to Mexico

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Post ID: @t5+1jktq8eqt

Dr Phil was more Gen X era I think. Can’t wait to see the insult phrase for us Gen Xers once we get too old.

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Post ID: @m9+1jktq8eqt

“He didn’t make it reality TV with Dr Phil”

Ok boomer

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Post ID: @kt+1jktq8eqt

Only the unsmart would argue double standard. Joe did the job well. He didn’t make it reality TV with Dr Phil.

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Post ID: @kr+1jktq8eqt

So as you said Biden deported more illegals than Trump. Oh the outrage at Biden then right?? Oh wait double standard of course. Lolz

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Post ID: @kk+1jktq8eqt
Must be so heartbreaking that the current administration wants to close

the open borders where illegal immigrants are trafficking dr-gs, and
keeping men out of women’s sports. You libs are sick people.

There were no open borders. Biden deported 2,800+ every single day on average.
More than Trump so far. And intercepts were up. Imagine what they'd have done
with Congressional funding.

Most dr-g trafficking is citizen or citizen organized. When immigrants are
involved they are usually pawns. CPB FY 2024 reported 1,566 total criminal
convictions of non-citizens. That's it. And there are likely millions involved in dr-g
trafficking.

And men in women's sports is another red herring. There are 300,000 trans teens
in the US (1.3M adults). Trans athletes are less than 100 M2F and F2M. There are
governing bodies that are responsible for managing their respective sports and
medical professionals who are knowledgeable in hormones and other
differentiations. Except for Title IX impacts, the government should be completely
mute. Why aren't they? Because this is a bigot rallying cry. Take McBride. She
should be introduced as Representative McBride. No. Can't do that. We have to call
her 'mister'. 1-2% of the population is not male or female. They didn't change a
thing. Another small percentage changed chemical and physical genitalia to fit
within their self-perception. That perception is no different than a young cis boy
being attracted to a sophomore classmate in a short skirt.

Libs aren't sick. We are compassionate about things that absolutely do not impact
us in the least. It isn't heartbreaking. It's showing us exactly who some are.

What is remarkable is how pathetic those same people can be.

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Post ID: @hh+1jktq8eqt

Sadly it wasn’t always this way

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Post ID: @gd+1jktq8eqt

Interesting to see what comments/posts get taken down and which ones are acceptable.

Surprised this post hasn’t been taking down yet although maybe presenting RTO as “at this point it appears” instead of the truth that it was always about forced attrition has kept this post from coming down.

At this point it appears leadership only cares about leadership’s $$$ and stock grants or maybe that’s how it’s always been.

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Post ID: @f2+1jktq8eqt

“Meanwhile, at this point it appears leadership pushed return-to-office not for “collaboration” but as a tool for forced attrition.”

This statement is hilarious - where have you been?? At this point it appears that way?!?!?!? This was clear the moment the email came out followed a month later by an email that layoffs were happening followed by oops, we don’t have enough space for everyone so we have to delay RTO - NONE OF THAT gave you any indication that it was about forced attrition? Open your eyes my guy, this company doesn’t care about you and especially doesn’t care about retaining you.

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Post ID: @ev+1jktq8eqt

Elon Musk was recently seen at the Westlake campus. Now that we've merged with Trump you can bet DOGE will be looking who they can get rid of.

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Post ID: @bw+1jktq8eqt

The EC and board are a cabal of white supremacists willing to ignore crime and to assist in the death of the Constitution, for the sake of titles, power, and money. That's all.

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Post ID: @bm+1jktq8eqt
You hate Trump we get it…..

No. You don't.

That's why 89M didn't vote and 70M+ voted for an insurrectionist felon s-xual as--ulter who lied to them.

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Post ID: @ba+1jktq8eqt

Op is right about promotions and bonuses…they are for the favored . Take TOPS, where a peer should nominate you. I have been told twice in two different quarters last year, and two dif managers, that a manager asked a peer to nominate another peer. One was upset, as she would not have done this if she was not quietly asked. Both of the reps won! Nice gig being a favorite of mgt. Favoritism is alive and thriving , and it is demoralizing.

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Post ID: @b3+1jktq8eqt

@a7+1jktq8eqt

Agree to disagree on the point about TruthFi. Luckily, Schwab’s leadership has provided plenty of other red flags that have nothing to do with its political apolitical stance.

This was just one example in a long list of times they’ve said one thing and done another. And if none of this bothers you, that’s great! Be glad you feel good about the firm and its direction.

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Post ID: @af+1jktq8eqt

Rage against anyone whose opinion differs from yours!!

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Post ID: @ac+1jktq8eqt

You hate Trump we get it…..

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Post ID: @a7+1jktq8eqt

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