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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No doubt both sides will have major layoffs. It will be bloodbath and one thing Schwab does very poorly is layoffs.
No. Layoffs will primarily be from TD Ameritrade, the company that is acquired.
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 .