Thread regarding Charles Schwab Corp. layoffs

Schwamily - not so much!

One of the things Schwab like to bring forward is the unique "Schwamily" concept. I.e., that everyone is like a big family, and care for each other.

I would like to know if someone actually experienced that?

After working for Schwab for more than 10 years, I was laid off a couple of months ago. Many I had worked with on a daily basis for years.

How many reached out to me after I left? You know the answer. No one!

I always reached out to people I knew were laid off, and I always got the same response: "Thanks, you are the only one that reached out." So, I was not really surprised when I got the same treatment.

The Schwamily concept is an HR ploy, with no bearing in reality. Prove me wrong.

Schwab is "dog eat dog", nothing else.


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| 11 views | | 11 replies (last 9 days ago) | Reply
Post ID: @OP+1m012bmx4

11 replies (most recent on top)

@181 That is the real Schwab. Get yours, protect yourself, and sc--w over whoever you need to along the way. It seems thats the Schwab leadership model.

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Post ID: @19j+1m012bmx4

I think a lot of these miserable posts in your thread tell you all about the Schwab culture. The one who said he instructs his team not to speak to anyone who has been laid off. NICE. That’s a fabulous person and a true leader lol! That is the real Schwab.

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Post ID: @181+1m012bmx4

Most have the same exact experience when I laid off from there. The people there are incredibly fake and self-absorbed. It’s twisted that they use all of those d-mb “Schwabbie” ”Schwamily” grade school terms for each other. I don’t think it could. be a more hypocritical place. Thru Client’s Eyes lol that’s another good one 🙄.

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Post ID: @180+1m012bmx4

The Schwab family reminds me of the Manson Family. A bunch of Kool -Aid drinkers that will backstab you whenever they get the chance.

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Post ID: @xb+1m012bmx4

Every leader in STS is pretty much a M0R0N. Not sure which department you worked in. I wish you good luck with your job search. Just go someplace better or do something you love. If you can take half of your team who's willing to leave lol that'll teach these M0R0NS a good lesson.

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Post ID: @p7+1m012bmx4

@dg if so, then why you are here??? listening/reading "....lunatic thoughts of some disgruntled former employees...."??? or peaking any info being missing in office or low voice talk?? who is the real lame/lunatic?

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Post ID: @m2+1m012bmx4

@dg so you are describing pp hub pervert family scenario . Do you think people do not contact talk you s bag

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Post ID: @dp+1m012bmx4

I instruct my team not to reach out to anyone we let go. I don't need my people getting their heads filled with the lunatic thoughts of some disgruntled former employee. It's bad for morale. I also don't need them passing along information from the inside that will be used against us in a wrongful termination lawsuit. Yes, we are family. But family has its limits and the extent of that limit is your employment with Schwab.

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Post ID: @dg+1m012bmx4

Schabusive! Scham!

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Post ID: @da+1m012bmx4

Enough people but into all the Schwamily stuff - and “Schwa-“ derivatives of, that they keep pumping it out. Just look at the constant team photos people plaster on LinkedIn. Wealth Advisory is the worst!

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Post ID: @ac+1m012bmx4

Schwab is a family. We have crazy uncles, drunk moms and abusive dads. Our brothers mess up the kitchen and then act like they had nothing to do with it while pasta sauce drips from their cheek.

Everyone ignores the problems while trying to keep their head down like most abusive families.

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Post ID: @a4+1m012bmx4

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