The company, based in San Francisco, has eliminated 9,000 jobs since the end of 2000, a reduction of 35 percent.
Schwab had already eliminated about 7,000 jobs, more than one-quarter of its work force, since early 2001.
More than 100,000 jobs have been eliminated from the communications industry since last year.
He added that of 11,500 jobs eliminated since 1988, 26 percent were layoffs.
But more than 3,600 beds in the state have been eliminated since 1985.
He said 1,600 jobs had already been eliminated since October 1991.
The Department of Defense says that a total of 176,000 civilian jobs throughout the military have been eliminated since 1989.
Under the plan, about $2.2 billion in loans has been eliminated from the bank's balance sheet since June 1987.
Of the 700,000 new maquiladora jobs generated in Nafta's first seven years, 300,000 have been eliminated since 2000.
Fire suppression in the area has eliminated wildfires in the park since the 1920s.