{"id":20935,"date":"2023-11-03T20:39:08","date_gmt":"2023-11-03T20:39:08","guid":{"rendered":"https:\/\/www.thinkadvisor.com\/2023\/11\/03\/schwab-plans-no-more-layoffs-wsj\/"},"modified":"2023-11-03T20:39:08","modified_gmt":"2023-11-03T20:39:08","slug":"schwab-plans-no-more-layoffs-wsj","status":"publish","type":"post","link":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/2023\/11\/03\/schwab-plans-no-more-layoffs-wsj\/","title":{"rendered":"Schwab Plans No More Layoffs: WSJ"},"content":{"rendered":"<div class=\"media_block\"><a href=\"https:\/\/feeds.feedblitz.com\/-\/809810873\/0\/thinkadvisor\/\"><img decoding=\"async\" src=\"https:\/\/images.thinkadvisor.com\/contrib\/content\/uploads\/sites\/415\/2021\/11\/2021-News-of-the-Year-Schwab-640x640-1.png\" class=\"media_thumbnail\"><\/a><\/div>\n<div><img decoding=\"async\" src=\"https:\/\/images.thinkadvisor.com\/contrib\/content\/uploads\/sites\/415\/2021\/11\/2021-News-of-the-Year-Schwab-640x640-1.png\" class=\"ff-og-image-inserted\"><\/div>\n<p id=\"first-para\"><span>After laying off some 2,000 employees this week,&nbsp;Charles Schwab isn\u2019t planning more layoffs<\/span><span>, The Wall Street Journal reported&nbsp;<\/span><a href=\"https:\/\/www.wsj.com\/livecoverage\/fed-meeting-interest-rate-decision-fomc-november-2023\/card\/charles-schwab-ceo-says-no-further-layoffs-planned-niZdFlsoV0DN3V8Uw7YC?mod=finance_lcmarkets_pos2\"><span>late Wednesday<\/span><\/a><span>.<\/span><\/p>\n<p><span>Schwab on Friday would neither confirm nor deny the report was accurate or comment on any further&nbsp;staff reduction plans in general.<\/span><\/p>\n<p><span>\u201cWhat I can assure everyone is that there are no additional meaningful position eliminations under consideration at this point in time,\u201d Charles Schwab CEO Walt Bettinger said Wednesday in a video to employees, a transcript of which The Wall Street Journal reported seeing.<\/span><\/p>\n<p><span>\u201cCircumstances can change, but there is nothing in the works at this point,\u201d Bettinger said in the transcript, according to the&nbsp;Journal&nbsp;report.<\/span><\/p>\n<p><span>Charles Schwab has dimissed&nbsp;<a href=\"https:\/\/www.thinkadvisor.com\/2023\/11\/01\/schwab-layoffs-of-2000-have-begun\/\" target=\"_blank\" rel=\"noopener\">about 5%-6%<\/a> of its total workforce as part of its latest round of layoffs, a company spokesperson told ThinkAdvisor on Wednesday.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>After laying off some 2,000 employees this week,&nbsp;Charles Schwab isn\u2019t planning more layoffs, The Wall Street Journal reported&nbsp;late Wednesday. Schwab on Friday would neither confirm nor deny the report was accurate or comment on&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":20936,"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\/11\/schwab-plans-no-more-layoffs-wsj.png","_links":{"self":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/20935"}],"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=20935"}],"version-history":[{"count":0,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/20935\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/media\/20936"}],"wp:attachment":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/media?parent=20935"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/categories?post=20935"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/tags?post=20935"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}