NEWS 200 staff at Schwab's European offices in Birmingham, Milton Keynes and London will lose their jobs, following over 3,000 lay offs in the US last month. Schwab employs 850 people in the UK. The company said that while it has no plans for further European redundancies in the near future, it could not rule the possibility out completely.
Charles Schwab kills off a quarter of staff
Online stockbroker Charles Schwab is to cut one quarter of its European workforce as the stock market slowdown affects business.
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