Friday, January 30, 2009

Filled Under:

Schwab to chop up to 600 jobs, sees revenue drop

Charles Schwab Corp, the No. 1 U.S. online broker, warned on Thursday that revenues could drop as much as 20 percent this year and said it will cut between 500 and 600 jobs in the current quarter as it copes with low interest rates and a falling stock market.


Post a Comment

Blog Archive