when will it be paid?
Morgan Stanley senior managers lack skills,
Several managers lack skills, not all, making them insecure and creating a very low quality environment. There is a lot of show about caring for employees but there's a lack of any actual feeling/empathy, a bit hypocritical. They support their... — read more
Historically MS layoffs have been in Dec and then some years another round is carried out in Feb. Any rumours of whether a Feb layoff is on the books this year?
CEO is a Tool
Your CEO says returning to office is not an employee choice and neither is your comp. Yes it sure is....you choose to work there or not. This guy has no clue.
Hopefully, this applies to us as well
Morgan Stanley Doesn't Expect Wave of Layoffs in US Morgan Stanley Chief Global Economist Seth Carpenter says the economy will slow but he doesn't expect a recession in 2023 during an interview on "Bloomberg Surveillance."... — read more
End of year review
Just had my end of year review with a mostly failing score. Completely unjustified. It’s obvious this is a tool for another round of layoffs in early 2023. I’ve never been more humiliated. To say the least, my CV has been ready for a while and... — read more
Comp Day 2023
So the latest word is comp will be the lowest in a decade. It’s going to be a very lean Xmas.
Manager meeting about layoffs
Layoffs happening, don't know when it will be done. NY/MTL
401K Benchmarking Exercise - Assistance Requested
I currently work at BNY Mellon. Our CEO recently announced a change to the 401K plan. Currently our company match (max 7%) is implemented each pay period. Starting in 2023, the match will be paid at the end of the year (actually, three months after... — read more
Did anyone hire a severance attorney?
I got laid off and received an email to e-sign the severance agreement. should I ask a severance attorney to review it before I sign? Did anyone hear any stories about hiring a severance attorney?
Are cuts done for now?
I'm still struggling with anxiety and low morale, which affects my job performance.
Anyone heard what day comp is due in January?
Just laid off.
I know of two people laid off today 12/6/2022. Myself and one other person. She was a Vice President. I was a grunt.
Employment terminated today
I just joined the firm end of June and just got layoff as of Dec 6,2022,today
Laid Off In Baltimore
I was laid off on Tuesday. Funny thing was they were waiting for me to be upset. It was a horrible place to work. Severance…90 day notice period and severance payment that appears to be about another 2 months.
All is not OK with audit
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
How do lay-off rounds work?
Clearly there was a fresh round of layoffs today. Is that typically it? Do companies like MS stagger them? Or usually cut one and done.
So, 2% is about 1,500 to be laid off... Here is the headcount blurb from our 10-K report, 12/31/2021: 75K employees. Employees: - Our employees are our most important asset. With offices in 41 countries, we have approximately 75 thousand... — read more
Any details on severance package?
Got laid off today in NY
Big Layoffs in Progress (Tue Dec 6 2022)
It looks like only folks on the Investment Banking side are being affected, please reply and correct me if I am off. Gorman said last week that there will be "modest" cuts, so I do not think anyone is surprised. So far NYC and London reported cuts... — read more
Any media coverage of the layoff?
Buckle up and good luck everyone!
This is perhaps the worst period to be laid off, but remember that you all have good skills and will find a new, better opportunity very soon.
Laid off in New York
Very robotic and uncaring. Just reading from a script. MS does all their layoffs in December to not pay 401k matches or bonuses.
How is New York holding up? Any updates from West coast?
Layoffs have started taking place in London today, NY/Montreal to be hit later
Morgan Stanley Layoffs 2023
Post any information about potential or actual Morgan Stanley layoffs? Any chatter, news or rumors?
I like working at MS as it’s a good place. But we had a reorg 3 months ago and I really don’t like my boss at all - micromanaging and always challenging in a negative and snappish manner. Anyone know the process to request a manager change? — read more
News on layoffs
Rumor has it lists are ready and no one is an exception
Exclusive-Morgan Stanley to start layoffs in coming weeks as dealmaking slows -sources
I wish we didn't know yet
We now have weeks of thinking about this and wondering if this is it. I'd rather they just announce it today and do it at the same time. It's healthier. Yes, there's no time to prepare but if you're not prepared by now for the possibility of being... — read more
Any early news on what we can expect from comp day this year?
Any news or rumors if there are any planned cuts in November or December?
Morgan Stanley Layoffs 2022
Make a prediction and tell us what you think about Morgan Stanley layoffs? Any chatter, news or rumors?
NY ED here, got the layoff call today via zoom
tl;dr I got laid off today
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