Based on news reporting.
Morgan Stanley has announced plans to reduce its workforce by 3% across all business lines. This decision reflects the company's response to current market conditions and aims to streamline operations. While specific numbers of employees affected have not been disclosed, the move indicates a significant adjustment in staffing levels. The layoffs are part of a broader trend in the financial services industry as firms adapt to changing economic circumstances.
Morgan Stanley cut 2,000 jobs.
That is roughly 2.5% 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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Morgan Stanley has announced planned job cuts affecting 2,000 employees. If you work there, what are you hearing internally? Which teams expect to be affected? You can post anonymously below.
Estimated figure based on news reporting. Not yet confirmed by Morgan Stanley.
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