Morgan Stanley Layoffs: Bank To Sack 3,000 Employees in Second Round of Job Cuts, Say Reports

Morgan Stanley is reportedly planning to sack 3,000 employees in its second round of job cuts. The layoffs will affect 4 percent of its staff.

Representational Picture. (Photo credits: Twitter/IANS)

Morgan Stanley is reportedly planning to begin layoffs. According to multiple reports, as many as 3,000 employees of Morgan Stanley would be laid off. This is second round of layoffs in Morgan Stanley. The bank had more than 82,000 employees as of March end and 4 percent of the staff will be affected by the fresh round of layoff. Deutsche Bank Layoffs: European Corporate Bank to Cut 800 Jobs After Strong First Quarter As Cost Cutting Continues.

Morgan Stanley Layoffs 2023:

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