Morgan Stanley Layoffs Coming 2024. 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,. The bank is laying off investment bankers and traders, especially in london and new york, as revenues decline and profits plunge.
The bank is laying off investment bankers and traders, especially in london and new york, as revenues decline and profits plunge. Wall street major morgan stanley is expected to start a fresh round of layoffs globally in the coming weeks, three people with knowledge of the plan said, as dealmaking.
