Charles Schwab to cut 100 jobs

16 Dec 2008 | 208 views | No Comment | Reply |

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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