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Charles Schwab Begins Layoffs

October 31, 2023
in Business
Reading Time: 1 min read
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Charles Schwab Begins Layoffs

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Charles Schwab on Monday started shedding workers throughout the corporate.

Schwab, the biggest publicly traded U.S. brokerage, didn’t disclose what number of workers have been affected in an inner message seen by The Wall Avenue Journal. Some remaining workers could have new jobs or managers, in keeping with the message.

“We all know this has been a difficult yr, and that right this moment was onerous. We additionally know the work wanted to return via this alteration even stronger than earlier than is simply starting,” CEO Walt Bettinger and President Rick Wurster mentioned within the message.

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