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REPORTED · NEWSPublished Apr 15, 2026

Morgan Stanley Announces 3% Workforce Reduction Amid Record Profits

EMPLOYEES AFFECTED
300
SHARE OF WORKFORCE
~0.4%
EFFECTIVE DATE
Mar 5, 2026
300 OF 80,000 EMPLOYEES

What we know

Based on news reporting.

Summary

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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SOURCE
News reporting
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M
Morgan StanleyMS
Financial Services · 80,000 employees
22
EVENTS TRACKED
22K
AFFECTED SINCE 2023
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CREATED APR 15, 2026LAST UPDATED APR 15, 2026