Thread regarding Charles Schwab Corp. layoffs

Updates on locations

Any updates on if they are closing, reopening, or opening up new locations? Not including branch.

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| 851 views | | 3 replies (last November 8, 2024) | Reply
Post ID: @OP+1vnQcoC0

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Leasebacks on owned property unless there’s a tax law change. Close smaller locations. Close IT facilities (announced). They have to decide cloud and RTO and can’t close more without a layoff or cloud adoption.

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Post ID: @1irt+1vnQcoC0

I doubt they will close locations without first making it very difficult for those local teams to have a decent professional experience or advance. Do you need to close or do layoffs in locations that look and feel like he-l? Where associates cannot move out from under a terrible leaders because there's no where up? Imagine leading teams in locations that are awful compared to the valued offices. You know if you're stuck in one of these locations and everyone wants out.

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Post ID: @1ptw+1vnQcoC0

Locially they should Shift all IT and Support Work from Denver to Arizona, or Texas .

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Post ID: @mhl+1vnQcoC0

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