Layoffs 2024 Morgan Stanley Uk

Layoffs 2024 Morgan Stanley Uk. Collectively, the big wall street banks cut at least 30,000 staff in 2023. 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.

Citigroup cut 5,000 jobs, morgan stanley shed 4,800, bank of america 4,000, goldman sachs 3,200 and jpmorgan chase 1,000. Meanwhile, morgan stanley stripped out.