Daily Recession covers the world as it goes into recession. The financial crisis, stock market crash, bankruptcies, job cuts, and the turmoil that follows.

Charles Schwab to cut 100 jobs

Posted: December 16th, 2008 | Author: | Filed under: By Location, USA | No Comments »

Charles Schwab is planning to cut 100 jobs, “mostly at the officer level – and to result in severance charges totaling approximately $20 million pre-tax in the fourth quarter of 2008.” It said it will review option to cut costs further, and would include possible further job cuts and lower marketing spending

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