I hear they are trying to be more competitive and get rid of the operations staff...
Comment! It's anonymous! Post information you know, rumors you heard, your experiences, or contribute to the discussion by answering or asking about layoffs at Morgan Stanley. The comment form is located near the bottom of the page.
Topics regarding layoffs at Morgan Stanley
I can tell you that rumors are flying around about job cuts in NYC.
Many folks are talking about layoffs in NYC.
I got laid off 4 months before I would have been eligible for retiree medical coverage.
What was particularly egregious was being laid off one week before bonus, having just been given a very good performance review. The bonus was to be for the prior year performance - those of us who were laid off for non-performance reasons should... read more
Layoffs continued in other area of the company this week - I loved my job and lost it as did others in my division
RIF's should have been made from those higher up on the corporate ladder but they remain and will likely receive very attractive bonuses.
100 to be cut, just wait, it's all over news
I am so disappointed with how the company is functioning. I have given this company a lot and I was satisfied with the reward that I got. However things have changed now. Managers do not care about the work, coworkers becoming competitive, no bonuses... read more
Any layoffs there?
The office I was in was poorly run. The manager didn't want to manage the team or even be in the position, but he wanted to all the perks that went with the job. He would buy personal items and expense them to the company, for example, we did not... read more
They need to figure out how to make money again, that's why I left, cannot be committed to an entity that struggles, wants to cut you but expect you to be loyal
http://www.bloomberg.com/news/articles/2015-12-08/morgan-stanley-takes-150-million-charge-said-to-cut-1-200-jobs http://www.thestreet.com/story/13390447/1/morgan-stanley-ms-stock-down-plans-1-200-job-cuts.html... read more
I was affected along with many others.
Just saying - do not buy the official agenda
What is the likelihood of Morgan Stanley layoffs in New York in 2016? Please let me know if you have any information.
I have been working with Morgan Stanley for about 10 years now. I am on the IT side so that's the only group that I had exposure to. I can tell you that things got worse over last ten years, some perks are gone, the pay is having difficult time... read more
A few predictions here, I think that the financial service sector with hit a rough patch in the second part of the year. Morgan Stanley will be affected, and we tend to cut and lay people off quite a bit every time when there is any kind of down... read more
Cuts are coming - it might be connected with Hadden's departure - I left in 2010 so I do not have 2014 details but there you have it - things are ugly right now
I heard that the IT group will be hit hard in June (2014) - anybody has more details here?