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Charles Schwab To Spend Up to $500 Million on Job Cuts, Shedding Real Estate

Nation's Largest Publicly Traded Stock Brokerage Firm To Close or Reduce Office Space
Charles Schwab expects to spend between $400 million and $500 million shedding real estate and slashing jobs this year and into next year. (Getty Images)
Charles Schwab expects to spend between $400 million and $500 million shedding real estate and slashing jobs this year and into next year. (Getty Images)
CoStar News
August 22, 2023 | 9:56 P.M.

The nation's largest publicly traded stock brokerage firm expects to spend between $400 million and $500 million shedding real estate and slashing jobs this year and into next year as it streamlines operations.

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