{"id":20452,"date":"2023-07-14T21:16:37","date_gmt":"2023-07-14T21:16:37","guid":{"rendered":"https:\/\/www.thinkadvisor.com\/2023\/07\/14\/schwab-to-close-downsize-offices-in-10-cities\/"},"modified":"2023-07-14T21:16:37","modified_gmt":"2023-07-14T21:16:37","slug":"schwab-to-close-downsize-offices-in-10-cities","status":"publish","type":"post","link":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/2023\/07\/14\/schwab-to-close-downsize-offices-in-10-cities\/","title":{"rendered":"Schwab to Close, Downsize Offices in 10 Cities"},"content":{"rendered":"<div class=\"media_block\"><a href=\"https:\/\/feeds.feedblitz.com\/-\/754104029\/0\/thinkadvisor\/\"><img decoding=\"async\" src=\"https:\/\/images.thinkadvisor.com\/contrib\/content\/uploads\/sites\/415\/2023\/03\/Charles_Schwab_Branch_NY_BB_640x640.jpg\" class=\"media_thumbnail\"><\/a><\/div>\n<div><img decoding=\"async\" src=\"https:\/\/images.thinkadvisor.com\/contrib\/content\/uploads\/sites\/415\/2023\/03\/Charles_Schwab_Branch_NY_BB_640x640.jpg\" class=\"ff-og-image-inserted\"><\/div>\n<p id=\"first-para\">Charles Schwab is giving thousands of employees a reprieve from a recently announced&nbsp;return-to-office mandate&nbsp;as it moves instead to to shut U.S. offices in five cities and downsize&nbsp;in six others.<\/p>\n<p>A Schwab spokesperson confirmed Friday that company offices will be closing Oct. 1 in Atlanta, San Antonio, San Diego, St. Louis and Tampa, and that&nbsp;the firm has told employees its offices are being reduced in size at single locations in Boston; Henderson, Nevada; Jersey City, New Jersey; and San Francisco; as well as at two spots in Chicago. The smaller locations will remain in place&nbsp;or be moved to nearby areas.<\/p>\n<p>\u201cIn an effort to efficiently use resources to support our clients, our employees, and our stockholders, we have evaluated our real estate footprint,\u201d the spokesperson said in a statement supplied to ThinkAdvisor Friday afternoon.<\/p>\n<p>\u201cWe will close some of our smaller locations with modest levels of in-office attendance or reduce or move our footprint in others,\u201d the spokesman explained. \u201cThere are no changes to our larger centers and corporate campuses or to our branch footprint.\u201d<\/p>\n<p>The spokesperson added: \u201cThere will be no impact to client service. Employees assigned to a closing location will move to full-time remote work and employees in a location that is reducing in size or moving will be eligible for remote work.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Charles Schwab is giving thousands of employees a reprieve from a recently announced&nbsp;return-to-office mandate&nbsp;as it moves instead to to shut U.S. offices in five cities and downsize&nbsp;in six others. A Schwab spokesperson confirmed Friday&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":20453,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[],"tags":[1],"jetpack_featured_media_url":"https:\/\/blog.lifeinsurance-orleans.ca\/wp-content\/uploads\/2023\/07\/schwab-to-close-downsize-offices-in-10-cities.jpg","_links":{"self":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/20452"}],"collection":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/comments?post=20452"}],"version-history":[{"count":0,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/20452\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/media\/20453"}],"wp:attachment":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/media?parent=20452"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/categories?post=20452"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/tags?post=20452"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}