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Charles Schwab to Lay Off 1,000 Employees

TheMotleyFool 
0 0 27.10.20
Charles Schwab to Lay Off 1,000 Employees
 

Charles Schwab (NYSE: SCHW) announced in a memo on Monday that it will lay off about 1,000 employees, or roughly 3% of the company's workforce.

The move is a result of cost savings the bank hopes to achieve after its landmark acquisition of TD Ameritrade. 

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Source Fool.com

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