Morgan Stanley 3000 cuts Q2

Will be done by end of June. Insider folks. Do you have any news?

29mo ago

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QuirkyKoala

They are firing contractors as wells. Loads of them.

TwirlyMuffin

Yeah, I know lot's of contractors who are gone. As it's already announced - they will layoff FTEs next

FluffyNugget

Is this outside the usual low performers cut?

TwirlyMuffin

Yes, these are layoffs. 3000 FTEs by end of June.

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