Morgan Stanley to Lay Off 3% of Workforce, Financial Advisors Exempt
SOURCENews reportView the filing ↗
What we know
Based on news reporting.
Summary
Morgan Stanley has announced that it will lay off 3% of its workforce, although financial advisors will not be affected by these cuts. This decision reflects the company's ongoing adjustments in response to market conditions. The layoffs are part of a broader trend in the financial sector as firms seek to streamline operations and reduce costs. Specific details regarding the exact number of employees affected were not disclosed, but the percentage indicates a significant reduction in staff. The company aims to maintain its competitive edge while navigating the challenges of the current economic landscape.
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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