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1,000 positions at Charles Schwab and TD Ameritrade being eliminated – KETV Omaha

These reductions are part of efforts to reduce overlapping or redundant roles across the two firms, officials said.

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Approximately 1,000 positions at Charles Schwab and TD Ameritrade are being eliminated, Charles Schwab officials said Monday.
“We have begun notifying individuals that their roles have been eliminated and they will be leaving the firm. This will result in a reduction of approximately 1,000 positions or about 3% of the combined workforce of Charles Schwab and TD Ameritrade,” Schwab Executive Council wrote in a statement.
Officials said that, after this week, no additional company-wide reductions…

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