‘Hard but necessary steps:’ Charles Schwab lays off about 2,000 employees
Charles Schwab has laid off about 5% to 6% of its employees, amounting to roughly 2,000 people, as it looks to cut costs.
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Charles Schwab
Charles Schwab to lay off 1,000 workers after TD Ameritrade merger
Charles Schwab said Monday that it is laying off 1,000 employees just weeks after completing its acquisition of TD Ameritrade. The job cuts are part of efforts to “reduce overlapping or redundant roles” across both firms. Here are the details.
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Online stock trading is free now. What does that mean for E-Trade and Charles Schwab?
There is no such thing as a “discount broker” anymore. In the span of just a few days last week, nearly every major online brokerage company eliminated commissions. It’s now essentially free to trade.
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