Morgan Stanley Layoffs Coming 2024. 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. Morgan stanley is preparing a fresh round of job cuts amid a renewed focus on expenses as recession fears delay a rebound in dealmaking.
Morgan stanley is planning another round of layoffs that would wipe out approximately 3,000 jobs, a person familiar with the matter tells cnn. Morgan stanley is planning to eliminate several hundred jobs, the first such move under chief executive officer ted pick.