Thread regarding Morgan Stanley layoffs

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.

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| 2449 views | | 3 replies (last December 8, 2022)
Post ID: @OP+1k3HdWJS

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The blood baths of 1987, 2002, 2009 -2011 were the ones I survived. The one that I got caught up in was in 2016 - and I attribute the blame to those large WMIT teams from BofA/ML who came in, tore up the place, fired people, then went along their merry way to their next stop(s) Rockefeller.

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Post ID: @2wyg+1k3HdWJS

First week of Dec is the usual large RIF
There is a similar small one at the end of Q2 unless of course they want to let go more at the end of other two quarters

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Post ID: @1ikz+1k3HdWJS

Smaller RIF is in one round. This seems to be small. It’s still terrible for those of us that got let go.

Large RIF was a multi day process and it was painful for everyone.

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Post ID: @1qra+1k3HdWJS

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