Morgan Stanley The Layoff 2024

Morgan Stanley The Layoff 2024. Morgan stanley is cutting 3,000 people from its global headcount of 82,266 people at the end of the first quarter. In this article, we’ll delve into the reasons behind this decision, its impact on employees and the broader public, as well as how the company is responding to.

Morgan stanley plans to cut several hundred jobs in its wealth management unit, the wall street journal first reported wednesday. For the fiscal 2024 fourth quarter, we reported revenues of $186.1 million, an increase of 26% as compared to the prior year period.