Morgan Stanley Plans to Lay Off 3% of Workforce Amid Record Performance
SOURCENews reportView the filing ↗
What we know
Based on news reporting.
Summary
Morgan Stanley has announced plans to reduce its workforce by 3%, despite achieving record annual performance. This decision reflects the company's strategic adjustments in response to current market conditions. While the exact number of employees affected has not been specified, the reduction represents a significant move for the firm. The layoffs are part of a broader trend in the financial services industry, where firms are recalibrating their workforce amidst economic uncertainties. Further details regarding the timeline and specific departments impacted have yet to be disclosed.
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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