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M Stanley Reportedly Lays Off ~2,500 Employees
Morgan Stanley (MS.US) will lay off about 3% of its workforce, or approx. 2,500 employees, the Wall Street Journal quoted sources as saying. The layoffs mainly affect the Group'...
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Morgan Stanley (MS.US)      will lay off about 3% of its workforce, or approx. 2,500 employees, the Wall Street Journal quoted sources as saying. The layoffs mainly affect the Group's three major divisions, including the investment banking and trading, wealth management and investment management.

It is understood that this layoff action is related to adjustments in business and location priorities, as well as employee individual performance.
(Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)

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