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REPORTED · NEWSPublished May 15, 2026

Morgan Stanley Lays Off 2,500 Workers Amid Restructuring

SOURCENews reportView the filing ↗

EMPLOYEES AFFECTED
2,500
SHARE OF WORKFORCE
~3.1%
EFFECTIVE DATE
Mar 5, 2026
2,500 OF 80,000 EMPLOYEES

What we know

Department affected: three divisions.

Based on news reporting.

Summary

Morgan Stanley has laid off 2,500 workers as part of a restructuring effort aimed at streamlining operations. This significant reduction in workforce reflects the company's response to changing market conditions and the need to enhance efficiency. The layoffs are expected to impact various departments, although specific locations and divisions have not been detailed. Employees affected will receive severance packages and benefits, as the company navigates through this challenging period. The decision underscores the ongoing adjustments within the financial services sector, as firms adapt to evolving economic landscapes.

Morgan Stanley cut 2,500 jobs affecting its three divisions team as of March 5, 2026.

That is roughly 3.1% of the 80,000 people Morgan Stanley employs.

LayoffTalk has tracked 18 layoff events at Morgan Stanley since June 2025, including 528 jobs documented in official WARN filings, with 14 additional events known from news reporting.

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SOURCE
News reporting
View original source ↗
M
Morgan StanleyMS
Financials · 80,000 employees
18
EVENTS TRACKED
528
JOBS IN WARN FILINGS
View company profile

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CREATED MAR 27, 2026LAST UPDATED AUG 7, 2026