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(Reuters) – Discount brokerage company Charles Schwab Corp (SCHW.N) is cutting about 600 jobs after an internal review, a company spokeswoman confirmed on Tuesday.
“Impacted positions span all staffing grades, as well as organizations and locations across the company,” the spokeswoman said in an emailed statement.
The Wall Street Journal reported on Tuesday that the company planned to eliminate nearly 3% of its workforce.