Thread regarding Charles Schwab Corp. layoffs

Is there a point in being hard working and committed?

I don’t think so. You get literally nothing in exchange. Or maybe you’re supposed to wither and die in a workplace so you don’t get fired? Not worth it. I just find it funny that companies where mgmt-worker pay ratio is, lets say, 300:1 and mgmt can kick you out on hour notice actually expect some commitment and work ethics from their employees.

by
| 1271 views | | 14 replies (last June 19, 2024) | Reply
Post ID: @OP+1t1PKv2i

14 replies (most recent on top)

None of the distinguished engineers were layed off. Ever. They usually quit or retire.

by
| | Reply
Post ID: @5hrt+1t1PKv2i
High performer, well liked, hard working

Seems you very comfort zone.
wake up before it is to late
Every Tech is latest , till it is not

by
| | Reply
Post ID: @5cde+1t1PKv2i

@4ijj+1t1PKv2i
Logic does not make sense. I.e. High performer, well liked, hard working -- and cannot find a job. Somethings feels off. Sounds like the person every company would want to hire.

Out dated skills?

by
| | Reply
Post ID: @5rwr+1t1PKv2i

My biggest regret is having worked so hard for the company. I was a high performer who got along great with others and went above and beyond for years. I was kicked to the curb with a lot of other high performers and can not find a job. Do not bother working hard. I should have only worked hard at the politics like the light weights I worked with did. They got promoted and do nothing. That’s all that matters. The leaders mostly do not even work near where their teams are located. If they do they’re in their office with the door closed all day. Since they are so far removed they listen to the weasels who try to get in their ear constantly and persuade them about their coworkers. They could care less and really have no idea how much work you are doing. It’s all politics all the time. Period.

by
| | Reply
Post ID: @4ijj+1t1PKv2i

Loyalty and hard work no longer pays at Schwab. Not worth it so don't bother.

by
| | Reply
Post ID: @1wmt+1t1PKv2i

As I said, I made Distinguished Engineer due to my hard work. It can pay off.

by
| | Reply
Post ID: @1hce+1t1PKv2i

I think a lot has to do with what org and team you’re on. Some people are lucky to have two layers of management that acknowledge, respect and reward hard work. Other orgs and teams are the complete opposite, and only fanny-kissing and dropping buzzwords gets a person anywhere.
Look at ANY person that’s managed to hang on over 15 - 20 years, and you will notice what they all have in common: Lots of empty word-salad statements that “tickle ears” and low to no outputs (and when they “deliver”, it’s always a PowerPoint that they handoff and runaway)

TL;DR - Depends. Situational awareness. Work hard for good management, kiss-a55 for bad management. Corporate level: you’re nothing but a number, no one cares

by
| | Reply
Post ID: @1cch+1t1PKv2i

Hate to say it but loyalty to your company no longer pays these days. Don't hate the player hate the game.

by
| | Reply
Post ID: @1wed+1t1PKv2i
. The soft skills on top

Soft skills is also another word of Manipulation, Machiavellianism and Backstabbing.
This Soft skills are very good till personally hit by it, diplomatically.

by
| | Reply
Post ID: @plb+1t1PKv2i

Hard work always pay off. The harder you work, the more you learn. If you do not feel you are rewarded enough, you move on to where your experience is valued.

Just working bare minimum and whining, makes you a LOSER. Move on!

by
| | Reply
Post ID: @rja+1t1PKv2i

Disagree. Hard work allowed me to make Distinguished Engineer. The soft skills on top of the hard work made that happen.

by
| | Reply
Post ID: @lwj+1t1PKv2i

@pdp+1t1PKv2i
Those soft skills you speak of the others having are not soft skills their more like clown gesture and a-s kissing skills. We go a lot of that

by
| | Reply
Post ID: @pyu+1t1PKv2i

Hardwork does not payoff at schwab. It's a popularity contest if you got the soft skills you're more likely to succeed. Most of the people with great soft skills have little to no skill in other areas but they are great bull spitters. Management likes them and they get their popular group going to push out those who are actually doing work. Eventually those teams fail. Hate to see it happen.

by
| | Reply
Post ID: @pdp+1t1PKv2i

It is far better to schmooze after being born into the right family or capable of convincing those who were that you’re one of the good ones.

Hard work? I did. Learned a lot. Enjoyed the work. But I was also a fool. Commitment is worthless. Long hours are worthless. Tolerating bullies is worthless.

Make the money. Enjoy life.

But work expecting a place like this to offer more than direct deposit? Don’t be a fool.

by
| | Reply
Post ID: @vec+1t1PKv2i

Post a reply

: