Morgan Stanley Lays Off 3% of Workforce Amid Restructuring
SOURCENews reportView the filing ↗
What we know
Location: New York, NY, USA.
Based on news reporting.
Summary
Morgan Stanley has announced layoffs affecting approximately 3% of its workforce, which translates to around 3,000 employees. The decision comes as part of a restructuring effort within the company. Notably, financial advisors are not included in these layoffs, indicating a targeted approach to workforce reduction. The layoffs are part of broader cost-cutting measures as the company navigates challenging market conditions. The exact date of the layoffs is reported to be effective from October 1, 2023, as the firm adjusts its operations to align with current economic realities.
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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