Thread regarding Charles Schwab Corp. layoffs

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 shifting into cost-cutting mode— the writing is on the wall, and we're not getting that COLA, but we all know Ricky and the EC will sure as he-l be making out like bandits with their equity comp.

"Trust— earned over a lifetime, lost in an instant." Maybe you should start listening to your handler, Ricky Boy.


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| 12 views | | 9 replies (last 13 days ago) | Reply
Post ID: @OP+1kr6jjma7

9 replies (most recent on top)

Welcome to the new and improved Schwab!

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Post ID: @36e+1kr6jjma7

Well, just look at where Ricky came from. All you need to know.

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Post ID: @2fa+1kr6jjma7

No sprite?

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Post ID: @127+1kr6jjma7

@k3 it was the October 2025 update I believe

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Post ID: @x4+1kr6jjma7

I’ll give u a liter O COLA

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Post ID: @s5+1kr6jjma7

Does anyone remember what townhall or quarterly update he mentioned this? I want to find it on the Schweb.

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Post ID: @k3+1kr6jjma7

@ba Rick absolutely mentioned a COLA. Did he mean to? Probably not.

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Post ID: @e6+1kr6jjma7

honestly don't remember a cola announcement. given how merits no longer stay with inflation even with exceeds it is hard to believe there's any way to get cola without leaving.

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Post ID: @c7+1kr6jjma7

@OP must of been one of your WFH days where you kinda pay attention because that was never said!

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Post ID: @ba+1kr6jjma7

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