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Charles Schwab to lay off 1,000 workers following TD Ameritrade merger - MarketWatch

Charles Schwab to lay off 1,000 workers following TD Ameritrade merger - MarketWatch

Charles Schwab to lay off 1,000 workers following TD Ameritrade merger - MarketWatch
Oct 27, 2020 30 secs

Just weeks after closing its acquisition of TD Ameritrade, Charles Schwab Corp.

“Today, we are taking further steps to bring our companies together —streamlining our structure and reshaping our branch network,” Schwab said in a statement.

“These reductions are part of our efforts to reduce overlapping or redundant roles across the two firms, but the combined firm will continue to hire in strategic areas critical to support our growing client base,” Schwab said.

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