Based on news reporting.
Morgan Stanley has announced a workforce reduction of 3%, which translates to approximately 300 employees being laid off. This decision comes despite the company reporting record profits, indicating a shift towards greater efficiency. The layoffs reflect a broader trend within the financial sector as firms seek to streamline operations. The specific departments affected and the locations of the layoffs were not disclosed in the announcement. This move is part of Morgan Stanley's strategy to adapt to changing market conditions and optimize its workforce.
Morgan Stanley cut 300 jobs as of March 5, 2026.
That is roughly 0.4% of the 80,000 people Morgan Stanley employs.
LayoffTalk has tracked 22 layoff events at Morgan Stanley since October 2023, affecting a combined 8,179 employees.
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