Topics regarding layoffs at Morgan Stanley

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Topics regarding layoffs at Morgan Stanley

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How will they do it.

Let’s face it. Covid is now showing its affect. Economy is in the toilet for the next while. MS is going to layoff thousands. They have no choice in this environment. Question: Will it be 2 evenly split cuts; one in September and one in... — read more 

Severance Cap Layoffs 2024

If you think you will get Two weeks per year of employment as a severance, think again. There is a cap on the severance. Mgmt is not stupid even though they paid bonuses two weeks before layoffs in February!

Layed off?

Practice a 30 second opening explanation why you were laid off….margins, math equation, my mgr still supports me. Get it out of the way up front, Be gracious, “It was my privledge to work with so many talented people. It may hurt to say it but this... — read more 

James Gorman and project manager

project managers were nobody until James Gorman came in. He is essentially a McKinsey consultant by training. From then on presentation skills and networking ability are valued more than ethic and loyalty…

February Layoffs

Fishbowl app is saying layoffs coming in WM by end of February… would not make sense for them to let people off AFTER bonuses are paid, right?

Perspective from an outsider

If you received a sub-5% raise this year, and are in a back office position with little-to-no transferable skills (bonus if you are

Any update on layoffs?

Has anyone heard anything about further layoffs happening? I'd have thought it would happen this week. Is there definitely going to be one?

Layoffs next week

Why are people certain there will be layoffs next week? Did I miss an announcement or something?

by Anonymous
| 1812 views | | 1 reply (last )
Post ID: @OP+1pNgEaZe

COBRA rates

I was paying $135 a month for Cigna A in premiums through payroll. After being let go, I received notice that my COBRA rate would be $1488 a month—for just myself. Is this the same for everyone? It seems like an error because I thought it would... — read more 

Be prepared

Hope we all enjoy our long weekend. The annual sla-ghter starts next week and it’s going to be a hard one.

How many included in latest MS layoff

Does anyone know how many employees were laid off in the last week? Surprisingly, there is nothing in the news about it so it seems MS kept it pretty quiet. My NJ office only has about 30 employees, includes both FA’s and staff, and three were laid... — read more 

Layoffs

I have heard it from around ~15 people in AD&I. Any other updates? on locations? and number? why isn't there a warning notice?!

WM new round underway

Rumor is WM home office is doing imminent cuts and may have already started. Very demoralizing for 2nd round in year.

most MS laidoffees got better jobs

The longer you work in MS, the more you lag behind your peers in other companies. Most of people I know (including myself) landed in new jobs with higher titles and over 20% $$. Law forbids HR from asking you how much you were making in MS, they... — read more 

Just turned down a job offer from here

it was for kyc/aml remediation. The managers were brand new but the company itself seemed awful. 3 months from first interview to offer. glad I didnt take it seemed like mostly mouth breathers from new jersey work there

Leave now and come back after they announce new CEO

Leave now and come back 18 to 24 months after the new CEO starts…..That way he puts his new people in and you will be part of the new regime. Next 18 to 24 months will be an office politics nightmare!

by John Mack’s butler
| 1051 views | | 1 reply (last )
Post ID: @OP+1pgQivCQ

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