Charles Schwab has laid off about 5% to 6% of its employees, amounting to roughly 2,000 people, as it looks to cut costs. A Schwab spokesperson said these “were hard but necessary steps to ...

Charles Schwab Corp. is planning to cut jobs and close or downsize offices to achieve at least $500 million in annual cost savings as the brokerage responds to investor pressure. The company will ...

Charles Schwab Corp. sold fresh debt in the US investment-grade bond market Tuesday after revealing plans to cull jobs and close or downsize offices to curb costs. The financial services firm sold ...

Charles Schwab Corp. is cutting about 600 jobs as it deals with the impact of lower interest rates. Chief Executive Walt Bettinger discussed the coming layoffs, which would amount to roughly 3% of ...