Morgan Stanley is planning to cut about 2,000 employees later this month in the first major workforce reduction under Chief Executive Officer Ted Pick. The cuts will take place across the firm ...

The backdrop has many on Wall Street, including Morgan Stanley, updating their forecasts. The major investment firm recently ...

It’s not just tech and media workers—and, of course, federal government employees—who are facing job cuts this year. Layoffs have come for Wall Street, too. Investment banking giant Morgan ...

Morgan Stanley’s cuts add to a series of workforce reductions ... firm – a dynamic that will drive an increasing portion of job reductions in the coming years, one of the people said.

Bloomberg News first reported the development at Morgan Stanley earlier in the day. Some of the upcoming job cuts at the lender are tied to performance, while others are the result of changes to ...

Morgan Stanley’s cuts add to a series of workforce reductions ... firm — a dynamic that will drive an increasing portion of job reductions in the coming years, one of the people said.

Morgan Stanley had more than 80,000 employees worldwide at the end of 2024. The layoffs were not related to current market conditions, the source said. The bank's move follows a string of job cuts by ...

Morgan Stanley’s cuts add to a series of workforce reductions across Wall ... and automation inside the firm — a dynamic that will drive an increasing portion of job reductions in the coming years, ...