Thread regarding Charles Schwab Corp. layoffs

Schwab recognized as a winner of the 2025 Gallup Exceptional Workplace Award in Strengths category

Charles Schwab has been recognized as a winner of the 2025 Gallup Exceptional Workplace Award (GEWA) in the Strengths category, acknowledging its focus on employee strengths development and creating a thriving workplace culture.

They have it posted on LinkedIn too. Thoughts? 🍿 πŸ‘€

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| 3604 views | | 29 replies (last April 18, 2025) | Reply
Post ID: @OP+1jq4tax60

29 replies (most recent on top)

https://www.thelayoff.com/post/@zp+1jq4tax60
No, look at Bashar and his lazy org for that.

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Post ID: @3tw+1jq4tax60

Exceptional at putting your personal data at risk. Nigel needs to GTFO.

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Post ID: @zp+1jq4tax60
How could you not love working at Schwab?? Easiest job ive ever had. Work 3 to 4 hours max. 100k plus a year LOL. No cap on breaks or when you can get up and go use the restroom.

This is undoubtedly adorable sarcasm, but the referenced β€œaward” covers up a problem that is deeper and more toxic than hard work or even low pay. A lot of us do the latter at Schwab every single day, while still struggling with the former.

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Post ID: @y2+1jq4tax60

Schwgovernment job!

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Post ID: @wj+1jq4tax60

How could you not love working at Schwab?? Easiest job ive ever had. Work 3 to 4 hours max. 100k plus a year LOL. No cap on breaks or when you can get up and go use the restroom.

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Post ID: @tv+1jq4tax60
Schwab is paying you right so it deserves to be the best company. So shut up and do your work.

Your mentality precisely enables the type of corruption that allows dictatorships and authoritarianism to thrive.

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Post ID: @t7+1jq4tax60
Schwab is paying you right so it deserves to be the best company. So shut up and do your work.

Some of us may beg to differ regarding satisfaction with the pay, but also, we are not owned by Schwab, and we can comment on whether a certain award they won is deserved or not. Case closed! Maybe you need to work on your self esteem, if you feel like you can be bought out of having your own opinion on matters. There's a difference between being grateful and not biting the hand that feeds you vs. identifying serious workplace and management problems that Schwab prefers to keep pushed under a rug.

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Post ID: @rs+1jq4tax60

Schwab is paying you right so it deserves to be the best company. So shut up and do your work.

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Post ID: @rj+1jq4tax60

So let’s hear those green bonus tiers.

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Post ID: @r4+1jq4tax60

HA. HA. HA. HA. HA

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Post ID: @qt+1jq4tax60
Hey legacy Schwab blue employees, here's a fun fact - your Omaha counterparts (from Ameritrade) have MUCH higher bonus percentages than you do. Some of their bonuses are double, triple (or more) than yours. In fact, everyone at Ameritrade has the same or higher bonus percentage than you. So much fun working there, eh??

This probably should be another thread, but I have not heard about this. I'm from TDA and didn't get twice or three times annual bonus like you mention, and there's someone else on my team who can confirm the same. Some of us did get retention bonuses during the integration, but that's different from the the annual bonus. Which department(s) are ex-TDAs getting 2x and 3x bonus?

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Post ID: @qk+1jq4tax60

If you love Schwab, why are you on this site? To lecture folks who may not share your experiences?

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Post ID: @pd+1jq4tax60

If you are so unhappy and really believe there is another company out there that could make you happy, then go find it please and leave. Many people have done just that. There are lots of people who are looking for jobs right now that would love to have what you disdain and cry about. Schwab is a great company and I feel lucky to have the opportunity to work there!

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Post ID: @p4+1jq4tax60

Hey legacy Schwab blue employees, here's a fun fact - your Omaha counterparts (from Ameritrade) have MUCH higher bonus percentages than you do. Some of their bonuses are double, triple (or more) than yours. In fact, everyone at Ameritrade has the same or higher bonus percentage than you. So much fun working there, eh??

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Post ID: @mt+1jq4tax60

Schwab is a joke. Those engagement surveys are ridiculous. Supposed to be anonymous, right? A leader asked anyone giving a score below 3 to come talk to them first. AYFKM?? This company went straight downhill post-TDA merger.

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Post ID: @g5+1jq4tax60

The irony is excruciatingly hilarious!

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Post ID: @ez+1jq4tax60

The 'workplace culture' here is anything but 'thriving'.

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Post ID: @dz+1jq4tax60

@am+1jq4tax60

Maybe we're just more efficient and have better time management and innovation skills that make us do our jobs quicker. Not all of us here are like the boomers who fight against automation and create ridiculous processes that just make work take longer or even worse, cause the errors the processes are supposed to prevent because they pull our efforts away from things that actually prevents the errors.

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Post ID: @bg+1jq4tax60

Yes, the best!

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Post ID: @b9+1jq4tax60
I love the way you lazy entitled crybabies wine on about burnout and work life balance because you have to work til 4:05 every now and again. Back 15 to 20 years ago it wouldn't be uncommon to be in the office until 9, 10 or later at night and there was none of this silly remoting in. You had to be physically at your desk. No one complained back then.They were just glad to have a job and accepted that's what you do to earn a living and pay your mortgage and put food on the table.

The point of the post is not how hard any of us are willing to work, it's about the validity of the "award" Schwab just won.

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Post ID: @ap+1jq4tax60

OK boomer

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Post ID: @an+1jq4tax60

"burnout and lack of work-life balance"

I love the way you lazy entitled crybabies wine on about burnout and work life balance because you have to work til 4:05 every now and again. Back 15 to 20 years ago it wouldn't be uncommon to be in the office until 9, 10 or later at night and there was none of this silly remoting in. You had to be physically at your desk. No one complained back then.They were just glad to have a job and accepted that's what you do to earn a living and pay your mortgage and put food on the table.

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Post ID: @am+1jq4tax60

They force us to take the surveys and lie so they can throw it in our face. Owning our tomorrow.

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Post ID: @ah+1jq4tax60

Just trying to cover up a bad rating they got recently. They even sent us talking points for clients that ask about it.

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Post ID: @a7+1jq4tax60

Schwab's tight budget hiring model doesn't allow employees to focus on their strengths. There's an emphasis on everyone being generalists that can do everything and manage every aspect of given projects. Their thinking is that this helps them maintain a lean staff count. However, this "do more with less" strategy, causes a lot of burnout and lack of work-life balance.

Being a generalist is good when you are young and entry-level and unsure of what your focus is. But as you mature and specialize, not having your professional boundaries respected begins to take a toll on quality of life. Output also suffers, although Schwab may never know the difference due to their focus on keeping costs down above all other considerations.

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Post ID: @a6+1jq4tax60

So Schwab has a huge work force. schwab also pays for many of these workers to do Strength Finders. Therefore Schwab has the scope of people needed to win (and the budget to pay for it). Doesn't mean the company does anything to foster a culture of strengths. It's pure vanity and no substance.

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Post ID: @a5+1jq4tax60

Quite the slap in the face! This award represents the very thing that might get you fired at Schwab πŸ˜‚

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Post ID: @a4+1jq4tax60

When you have to pay to win an award are you really winning anything?

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Post ID: @a3+1jq4tax60

A wonderful fiction that highlights how much gaslighting is going on in corporate America.

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Post ID: @a2+1jq4tax60

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