Any news or rumors if there are any planned cuts in November or December?
For those who refuse to come back to the office, you should be worried. Power is now shifting back to the employer as the job market tightens. Comp is the least of your worries. Your job is now on the line - it’s probably already been eliminated... — read more
tl;dr I got laid off today
Does anyone know details surrounding bill 96 and the MTL office? What changes will we see (if any)?
There are many reasons why I think a better strategy would be to try to keep good employees, among others, wouldn't it be even less costly to give us higher pay so we don't leave, rather than hiring mostly incompetent people with very little... — read more
Just got the call. Officially laid off from Morgan Stanley.
If you don't see that things have been going downhill for a while you must be blind. This is not the same place it was five years ago and even more so ten years ago. If you have the skills that could be considered attractive to other companies, you... — read more
All we know is that some layoffs happened this week. Where? How many were affected? Will there be more next week? Does anybody know anything more?
You shouldn't worry about layoffs, at least for a while. Too many people are leaving the company so there's no need to have any extra cuts. Maybe if there's another recession sometime soon we'll be hit with more layoffs, but other than that, we can... — read more
What is going on here ? Lots of constant flip flops . Methodology in a state of turmoil under a person with dubious credentials . Know the problem was created by the prior regime but the newbie crew may be worse
Can someone share their East Coast (Mid Atlantic) salary and maybe even known range? Bonus structure? I'm fully licensed and have seen some postings, wondering if they are paying more than Merrill (also has a lot of postings..)
Rumor is there is a layoff coming this month in march with monday 28th the day of the deed. Could be wide of the mark but this is the latest rumor heard
Is this another case of "let's pretend we didn't see it coming"? I took a look at the P/E graphs and it certainly looks like we are headed into dangerous territory--along with reduced resources and climate chaos. But it's hard figuring out how to... — read more
I only got 26% bonus.
Or is it every other year? I’ve been in my role a year and a half and I got no raise this year.
Indeed the market is hot. I’ve had 3 interviews since comp day and feel I’m close to an offer with one of them; oh and they’re paying 27K more than MS for the same job. People need to realize that this is the case and take advantage of it! I'm... — read more
I got no raise but a decent bonus.
Bonus is down in comparison to 2020 Bonus Base is up but you need to work full year to get it
Any word on if bonuses/ comp will be higher than last year? With record profits and retention being a priority (tech) I would hope this year is a good year. Any thoughts?
Do we know what day comp is this year?
I'm tiring of the Gorman regime. Heck, I might even take Purcell over Gorman.
Make a prediction and tell us what you think about Morgan Stanley layoffs? Any chatter, news or rumors?
They may have managed to keep it out of the media that way, but it is enough for us to know that small layoffs are happening under the radar. People talk about it and there’s no reason not to believe it’s happening??? If we add to that all those... — read more
I don't know about you, but ever since I've been working here, for more than 12 years, I personally have never had a harder year at MS than this one. I lost all hope that the next one would be any better. For now, I see no indication that it could be... — read more
If they haven't dropped the hammer by now after Gormans TV bluster about 90% vax rate, it wont happen. They know theyll lose the money makers if they try. Eat crow Gorman
Worrying ahead of time doesn't really make it any easier. That’s why it’s best to always be prepared - it reduces anxiety. Anyway, my colleagues have already started talking that there could be cuts soon, very likely in December. Don't quote me on... — read more
Get ready. My sources say October is the month the vaccine mandates get real. America will soon be like Australia. Stay safe.
I won't quit because of the vaccination but I will certainly quit very soon because of other things. Especially because of the workload. There's never been more stress than now. I’m certainly doing work for three people now and I believe I’m not the... — read more
I did it! Finally I can breathe a sigh of relief! Has anyone else put in their notice recently or have plans to quit soon? I was burnt out and just over the Morgan big firm suck up stressful culture. I felt like the stress sent me into overload even... — read more
My dream was to work here. I had a really nice time here for a while. Not anymore. Now I get the urge to leave more and more often. I got advice from some people to go to a much smaller bank. I don't know, I mean after so many years of trying to... — read more
Did everyone else land on this site because they googled Morgan Stanley Layoffs??? I'm searching for information, not a political debate. please, can anyone answer the questions? When are layoffs coming? Who will the layoffs effect? Will they... — read more
There is a lot of discussion about vaccination, rumors that those who refuse to be vaccinated will have to look for a job in another company, etc. What worries me, however, is that most people forget that vaccination here still doesn’t mean someone’s... — read more
you'll thank me later. sorry to the test group, but that was your choice.
Didn't the CEO boast that Morgan Stanley has an over 90% vaccinated rate of all employees? Is anyone else calling him out on that BS lie? How many people is he gonna fire when they go hardline and force the return to office for anyone still working... — read more
Should I wait for the cuts that are coming or just go now? Does anyone know anything in stone yet? Any advice? Kinda confused and nervous.
Any word yet on the U.S. unvaxxed getting terminated? Are any other U.S. fully vaxxed people still concerned about being forced back into the office with the MU variant and the C variants in America now. (Its confirmed that neither vaccine... — read more
any word on the reason for the recent/ continuing upcoming bulk job cuts and reported bulk jobs moving to India? headcounts projected to be slashed at etrade and morgan. what is really going on?
Asking for a coworker.
This really sucks. No jab, no return to office. Eventually, no job.