Thread regarding Charles Schwab Corp. layoffs

I'm reaching a breaking point

I know quitting without something lined up would blow back on me, but staying in this work environment is wearing me down piece by piece. The manager who replaced one of the best bosses I ever had, before he was cut, is wildly incompetent and masks it by yelling at everyone over everything. I’m beyond tired of it.


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| 2291 views | | 10 replies (last February 26) | Reply
Post ID: @OP+1kfxhtt0b

10 replies (most recent on top)

@4kg the managers that care are the ones that are removed unfortunately, been happening for the past 6 years .

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Post ID: @4mv+1kfxhtt0b

I hear you my whole team is pi---d, our amazing leader is still at the firm but you can tell they are going to probably leave our team permanently for a new team soon as they have been volunteering to help with another team who had their manager laid off.
Our director doesn’t hide her distain of our manager and we can’t trust what she says as our manager is the first one to truly care about us. The rest of the leaders within our org seem fake and just incompetent. It’s toxic leaders like our director that makes good leadership leave. Kinda jealous of the other team heard from them they agreed our manager is the best they have ever had too

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Post ID: @4kg+1kfxhtt0b

@ae My TDA manager (when TDA was still TDA) was possibly the best manager I ever had in my entire life. I'm based out of the East Coast. I do have a theory generally that East Coast bosses are just better on both a business and personal level. I've had the most issues with Midwestern and Western bosses with their fake kindness and passive aggression that often hides their jealous and backstabbing nature.

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Post ID: @qs+1kfxhtt0b

You must work in HR? Lots of changes this year with much of what you describe. Leads with no experience in areas assigned and at highest levels.

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Post ID: @kk+1kfxhtt0b

MDs are the root cause. Half of them should retire or be fired. Some of the worst leaders I’ve encountered in my career. Maybe set some expectations for them, Rick?

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Post ID: @jx+1kfxhtt0b

Determine to leave (so you have something to look forward to), but do NOT quit before landing new job. It will just be a different kind of stress, unless you have at least 2 years of emergency saved up.

Know that you are not alone - many others have so much on their plate right now, too.

If you are feeling burned out, take 3 or 4 day weekends for a month, to help you decompress.

Do the best you can everyday - not any unreasonable expectation your manager may have set, so you don't wear yourself out. Companies need to see/feel the results of their reorg. and layoff decisions. You are not responsible for that.

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Post ID: @e9+1kfxhtt0b

My manager is fully remote and she is traveling this week to help her kid who is in college she works maybe three to four hours a day sometimes even less. Her availability on MS Teams its mostly orange (Away) she takes calls from her car driving in traffic sometimes pulls over and shares her screen. In my recent 1:1 she is now asking me to go in four days a week due to company wide RTO policy and be in office at least eight hours. I have co-workers in three timezones and kids in daycare and elementary school. It is very hard to work for incompetent people and in three different timezones. She is the least technical manager I've had and has little to no problem solving or people skills. This is my fourth corporate job and my first three companies were way bigger in market cap compared to schwab almost two-three times bigger. There are many such managers at Schwab/TD they come in all Shapes and Colors and are D-mber than a second coat of paint.

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Post ID: @cp+1kfxhtt0b

I’m with you. I’ve been sticking around because I’m hoping they can let me go with a package. The only thing is I’m a good worker so they’ll never let me go. I’m waiting to get the bonus in March to decide when to quit.

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Post ID: @ax+1kfxhtt0b

You’re not alone. Many of us are exhausted after watching experienced leadership pushed out and replaced with folks with little to no institutional knowledge, oversized confidence, and a focus on self-promotion & hiring friends instead of supporting the teams doing the work.

The entitlement and overpay at the top along with indifference to the work beneath it wears people down.

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Post ID: @ah+1kfxhtt0b

Let me guess, a TDA manager? Almost all of them are incompetent.

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Post ID: @ae+1kfxhtt0b

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