Based on news reporting.
Morgan Stanley is laying off 3% of its workforce, a decision that affects a significant portion of its employees while sparing financial advisors. This move reflects the company's ongoing adjustments in response to market conditions and operational efficiency needs. The layoffs are part of a broader trend in the financial services industry, where firms are reevaluating their staffing levels amidst economic pressures. The exact number of employees impacted by this reduction has not been specified, but the company is taking steps to ensure that essential roles, particularly in advisory services, remain intact.
Morgan Stanley cut 3 jobs as of April 26, 2026.
LayoffTalk has tracked 22 layoff events at Morgan Stanley since October 2023, affecting a combined 8,179 employees.
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