Thread regarding Charles Schwab Corp. layoffs

So what happens now with AMTD merger?

Well, that was unexpected. I assume the combined company will lay off people from both sides. Any news from inside either company?

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Post ID: @OP+12cceTpH

4 replies (most recent on top)

No doubt both sides will have major layoffs. It will be bloodbath and one thing Schwab does very poorly is layoffs.

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Post ID: @Mkhu+12cceTpH

No. Layoffs will primarily be from TD Ameritrade, the company that is acquired.

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Post ID: @1xpn+12cceTpH

https://markets.businessinsider.com/news/stocks/charles-schwab-td-ameritrade-say-mega-deal-will-bring-synergies-2019-11-1028714911

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Post ID: @1ydx+12cceTpH

i would think both companies would be getting rid of people , most of them would be brokers i would think . could be before march 2020 .

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Post ID: @pov+12cceTpH

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