Charles Schwab Corp.’s stock fell 0.5% on Wednesday on the heels of a report by RIABiz that the broker has laid off up to 2,000 employees this week.

The job cuts were part of a previously disclosed effort to save $500 million in the second half of the year. As of Sept. 30, Schwab SCHW had 35,900 employees.

William Blair analyst Jeff Schmitt…

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