Charles Schwab Corp. announced it will lay off between 1,600 and 1,900...

Charles Schwab Corp. announced it will lay off between 1,600 and 1,900 full-time employees and 200 contractors by the end of October, and another 200 to 300 before the end of the year, Schwab officials said in a statement. The layoffs total 9% to 11% of Schwab’s 22,300-member work force. Combined with layoffs earlier this year, Schwab’s work force will be down 25% from the beginning of 2001. Schwab also will reduce its existing office space and will remove some hardware from service.