Thread regarding Charles Schwab Corp. layoffs

RTO 4

Stop spending money at the cafeteria, stop interacting, quit community engagement activities, and literally anything else outside of your specific role, all 0’s on Glint surveys. The only ‘culture’ is a shared hatred of this godforsaken company.
We’re spending enough money and energy on the RTO3 commute already. I don’t have extra to continuously add to this company that obviously doesn’t care about us.


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| 4075 views | | 29 replies (last August 5) | Reply
Post ID: @OP+1k1bye7az

29 replies (most recent on top)

The supposed logic for RTO4 and subsequent Q&A by the CEO was rather dismissive of people's needs, ignorant of what real life is like for most people, and full of contradictions and inconsistencies,.

CEO: We are bringing back everyone 4 days a week because it's better for collaboration. We have to be 4 days a week for consistency and predictability. But we are adding flexibility by letting you choose which day of the week you WFH.

Did he forget that people managers are already in office Monday to Thursday and everyone else is in M, W, Thu? Seems pretty predictable to me. Allowing people to choose their WFH day is flexible but removes all predictability and consistency.

Q: Will we increase the travel budget so we can collaborate in person more?
A: There are other ways to collaborate.

Q: What do we do if we have long commutes?
A: Leave your house at 5am

If there are other ways to collaborate, why do we need to be in the office? And, like many others pointed out, lots of us are on distributed teams that need to be on Teams calls all day. And sure, why don't we all leave at 5am. Our live-in nannies can feed our kids and take them to school. Oh wait! Not all of us are making CEO money so we don't have live-in nannies.

Lets all be honest about what this is: it's a way to trim the workforce without paying severance, justifying sunk real estate costs, and getting tax breaks for having employees in seats.

The only reason they can do this is because it's an employers market. If and when the job market swings back in the employees' favor there will be a mass exodus. I've already started the clock and will be gone as soon as I can find something better.

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Post ID: @18t+1k1bye7az

@av+1k1bye7az

I work at another financial firm that is further along the path with elimination of remote work. The law requires accommodation, but it doesn't require WFH to be one of them. They simply say that they can accommodate you in the office, and for the vast majority of conditions that is plausible and legally defensible. They'll shove you in a private office and put whatever they need to put in there to keep the lawyers at bay and call it good. There are exceptions of course, but they will slowly but surely turn the sc--ws until nearly all the remotes are gone. These people are evil.

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Post ID: @qv+1k1bye7az

@bm That is f**king awesome!

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Post ID: @ds+1k1bye7az

my entire team is still remote but I get to go in 4 days a week now. Awesome. The executives definitely aren't disconnected r-t-rds.

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Post ID: @de+1k1bye7az

@bm Clearly that's ridiculous. Some are living in the office now.

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Post ID: @bp+1k1bye7az

2026 : Sabbaticals gone and 5 days RTO
2027 : Health Insurance gone and 7 days RTO
2028 : Sell your home and live in a Schwab Office
2029 : If you quit all your Schwab Accounts will be 0
2030 : Get Chips Implanted in your Brains you never eat sleep or drink and you are a desk slave.
2050 : You get old and die at a Schwab Office.

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Post ID: @bm+1k1bye7az

OBVIOUSLY THEY DO NOT CARE ABOUT GLINT SCORES. STOP WASTING YOUR TIME FILLING IT OUT.

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Post ID: @b6+1k1bye7az

I’m not trying to put fear in anyone. I’m just saying on what I’ve heard, that they will be hard to come by and will have set backs. And they’ll announce it in fall in change of their process. I have a medical exception myself so I hope it’s not true.

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Post ID: @az+1k1bye7az

@ar

I think they will have a difficult time in court with not approving medical accommodations that they have approved for several years now. Please stop spreading fear for folks that already feel that they are targets because their disabilities.

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Post ID: @av+1k1bye7az

Heard they’re planning to cut sabbaticals starting 2026 and change medical exception process later in the year.

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Post ID: @ar+1k1bye7az

@ah Yes. Schwab is a company I like and want to work for. But every time I sit down at my desk and have to readjust my chair and monitors for the fifth time that day, or every time have ask someone to repeat on a call because I can't hear them over the background noise, it makes me think they don't want me to work here. I don't overall mind going into the office but it is very hard to do the work in such a badly designed space. How can I be successful when I'm distracted non stop. I only can really get things done on my 2 home days and now one of them will be gone

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Post ID: @an+1k1bye7az

@ag

Agreed. I have never met the people I work with on a daily basis in person. My manager asked for me to come see them, and they declined the cost of one round trip flight and a couple nights at the Hampton Inn. I actually do like my team and manager.

But, hey, now I can spend FOUR days a week instead of three at a janky desk in a depressing, noisy office around people who are depressed and busy with their own jobs, where on over half the days nobody even talks to me! Yay! /S

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Post ID: @ak+1k1bye7az

@OP are they going to force the directors and managing directors who are fully remote to relocate probably not

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Post ID: @aj+1k1bye7az

@ab This is dripping with sarcasm, but still a bullseye. The ergonomics of my location are atrocious: insanely loud all day, bad lighting and sunshine, terrible HVAC especially in the restrooms, elevators constantly out of service, monitor mounts that sag and can never stay level, cheap uncomfortable chairs, the list goes on. And the other locations I've visited are no better. Whatever your feelings on RTO, they have to do better with the work environment. To think it is acceptable at the moment, let alone more conducive to productivity than even a modest home office, is unforgivably out of touch.

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Post ID: @ah+1k1bye7az

"we value in-person interaction" yeah say that to my face while you also tell me to shove my tiny-$ travel request. who do they think they're kidding

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Post ID: @ag+1k1bye7az

Let's all get other jobs and quit.

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Post ID: @af+1k1bye7az

this country needs a proper strike

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Post ID: @ae+1k1bye7az

@ab no one’s forcing you to work there.

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Post ID: @ac+1k1bye7az

Don't overlook the good news: you'll now get to sit 4 days a week in a cube that seems designed very specifically to make doing any work impossible. "Here's your cube, the monitors don't work, every chair on the whole floor is broken. Also you'll have a spotlight shone in your face and people screaming in your ear for 8 hours a day like it's a North Korean torture prison. One Schwab!"

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Post ID: @ab+1k1bye7az

The time to fight this was 2024. Plenty of people here warned about RTO4 and RTO5. And RTO5 is coming.

An organized strike is still an option. But we all know it will be p&m&b as lemmings badge in.

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Post ID: @aa+1k1bye7az

OP: the company knows and their response is literally if you don’t like it then quit. Find somewhere else you like more. I mean they’re not wrong. That’s how anything else is.

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Post ID: @a9+1k1bye7az

Do. Not. Fill. Out. Glint. Surveys. It is the only acceptable response. They aren't anonymous. They don't change anything.

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Post ID: @a8+1k1bye7az

It definitely su-ks. The new cafeteria menu options are also pretty sh---y.

I am forced to come to the office 4 days a week and then on top of that, the lunch options are exorbitant prices. A stupid bowl of rice and chicken is like $13. This is greed.

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Post ID: @a7+1k1bye7az

Giving bad Glint reviews only make them “fix” things by adding more useless work on us. It’s better not taking the survey to send them your message.

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Post ID: @a6+1k1bye7az

@a3 you first. It'll be much easier to form a union without su-kers like yourself bending the knee to executives who couldn't care less about you.

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Post ID: @a5+1k1bye7az

Oh Great Now I have to See my Lame A-s and Old Director, Meno paused MD and Useless Bootcamp Developers and New Baylor Grad Product Managers 4 days a week ?! F That. Time to GTFO.

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Post ID: @a4+1k1bye7az

Quit please

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Post ID: @a3+1k1bye7az

Excited converse with the younger folks at the water cooler 4 days a week!

We are Schwab One

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Post ID: @a2+1k1bye7az

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