Thread regarding Charles Schwab Corp. layoffs

Schwab not recruiting laid off employees?

Schwab not recruiting laid off employees?

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| 2091 views | | 10 replies (last February 28, 2025) | Reply
Post ID: @OP+1jmrevs8m

10 replies (most recent on top)

What would BCC have given Schwab.

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Post ID: @130+1jmrevs8m
Why would we recruit the people whose very lack of competence and work ethic

Obv troll is obv

Or is Tiny. Cus we know Tiny gets rid of competent people who work hard. True for most of STS too.

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Post ID: @jv+1jmrevs8m
Since 1998 I've had the privilege of laying off many employees in four different departments and I assure you that everyone I let go was either incompetent or lazy and usually both.

You sound like a prideful id--t. A lot of folks were made redundant with the recent acquisition, which is most likely the case with this poster. They would like to potentially be recruited in a different role that might make use of their skills.

Others are potentially laid off due to cost-cutting measures or doing more with less, which is leading to stressed out teams that are worked thin. There are also attrition measures like RTO5 that are threatening to shed more folks -- competent or incompetent.

So get off your high horse and use your brain a little.

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Post ID: @j7+1jmrevs8m

Why would we recruit the people whose very lack of competence and work ethic was what put us in the position that we had to layoff on the first place? Contrary to popular belief around here, "top performers" are not let go. Since 1998 I've had the privilege of laying off many employees in four different departments and I assure you that everyone I let go was either incompetent or lazy and usually both.

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Post ID: @j2+1jmrevs8m
What makes it tricky? Why would it matter what group they were previously in?

Not commenter. In some groups layoffs are personal and retaliatory. A manager trying to bring them back would be disloyal.

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Post ID: @dw+1jmrevs8m

There has been a significant influx of L1A visa holders from 2020 to 2024, with many individuals receiving Green Cards during this period. It is important to investigate why there is such a high demand for managerial positions by service companies, even within the United States. if you ask top 6 service company they would only 400 executive positions.

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Post ID: @c6+1jmrevs8m

The company is currently recruiting individuals with experience working in service companies, particularly those who have been employed for a decade.

The future plan for these candidates includes the possibility of transferring to the Hyderabad office.

The annual salary offered ranges from a minimum of $15,000 to a maximum of $25,000

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Post ID: @c5+1jmrevs8m

Can some bigwigs here share the criteria for laying off now that it is more than 1.5 years back. We're all the laid off people using mouse gigglers?

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Post ID: @c1+1jmrevs8m

What makes it tricky? Why would it matter what group they were previously in?

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Post ID: @bv+1jmrevs8m

Nope.

You can apply. As managers, some of us will seek out former team members, but it can be tricky depending on which group they were laid off in.

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Post ID: @aj+1jmrevs8m

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