Still smarting as wary retail investors shun online stock trading, Charles Schwab Corp. said Thursday that it will continue to watch costs for the foreseeable future.

The San Francisco financial services company said it will continue its two-month-long hiring freeze, which has allowed it to eliminate 500 jobs. Schwab has gotten there largely by getting rid of temporary positions and leaving certain vacancies unfilled, said Christopher V. Dodds, chief financial officer. Its headcount now stands at 25,800.

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