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

"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," the firm said.

Schwab also said despite the layoffs it will continue to hire in strategic areas critical to support its growing client base. The terminated employees will get early access to all newly opened positions.Schwab said it doesn't expect any further layoffs in 2020.for exclusive insights and analysis, and live business day programming from around the world.

this is one merger I DONT want to happen. Ive been with TD since I was 18 and feel totally betrayed. TDAmeritrade completely sold out its customers all for money...no big surprise there. Only hope is if Biden gets in they pull the plug an say its turning into a too big to fail

This always happens post merger. The FTC needs rediscover anti-trust laws. Because sure bad trade deals and automation are taking good jobs, but so do mergers.

'Excuse me employee, you need to go talk to chuck upstairs '

Mergers make merika so much betters..

They should have worked harder.

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Charles Schwab plans to lay off 1,000 employees following TD Ameritrade mergerCharles Schwab is laying off 1,000 employees just weeks after acquiring TD Ameritrade, the company says You would think with all the money brokerages are making off retail investors that they might be retained.
Fonte: cnnbrk - 🏆 393. / 55 Consulte Mais informação »

Charles Schwab plans to lay off 1,000 employees following TD Ameritrade mergerCharles Schwab is laying off 1,000 employees just weeks after acquiring TD Ameritrade, the company says You would think with all the money brokerages are making off retail investors that they might be retained.
Fonte: cnnbrk - 🏆 393. / 55 Consulte Mais informação »

Fiat, PSA to win EU approval for $38 billion merger: sourcesFiat Chrysler and PSA are set to win EU approval for their $38 billion merger to create the world's No.4 carmaker, people close to the matter said, as they strive to meet the industry's dual challenges of funding cleaner vehicles and the global pandemic. Fix It All Time Fix it again Tony.
Fonte: Reuters - 🏆 2. / 97 Consulte Mais informação »