Charles Schwab cutting as many as 2,000 jobs -- joining Goldman, Morgan Stanley

Today's Business Headlines: 10/31/23

Charles Schwab has laid off 5% to 6% of its total headcount in a bid to cut rising costs, a company spokesperson said Wednesday.“These were hard but necessary steps to ensure Schwab remains highly competitive,” the spokesperson said in an emailed statement.by cost-saving measures and said at the time it would cut jobs, without disclosing the number of employees it was going to lay off.

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