The company logo for Financial broker Charles Schwab is displayed at a location in the financial district in New York, U.S., March 20, 2023. Brendan McDermid/file photo
The company logo for Financial broker Charles Schwab is displayed at a location in the financial district in New York, U.S., March 20, 2023. Brendan McDermid/file photo

Charles Schwab to reduce headcount to bring down costs

August 21st, 2023 | 20:41 PM BUSINESS Finance 1

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By Reuters

U.S. brokerage firm Charles Schwab (SCHW.N) in a filing on Monday said it plans to reduce its operating costs primarily through lowering its headcount.

(This story has been corrected to change the company descriptor to brokerage firm, not lender, in paragraph 1)

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