Layoffs 2024 Morgan Stanley News. Investment banking giant morgan stanley is planning to cut hundreds of jobs in its wealth management unit, according to a person familiar with the matter, the latest in a string of layoffs. The planned cuts are expected.
The cuts will affect less than 1% of employees in the. Morgan stanley ms executive andy saperstein on wednesday confirmed reports from early may that the bank plans to lay off about 5% of its workforce, or about 3,200 people,.
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