"According to Bloomberg News, Morgan Stanley is set to cut about 2% of its workforce, or nearly 1,600 people. This move will put them next to Barclays Plc, Citigroup Inc. and Goldman Sachs Group Inc. and others that have started making cuts."
https://www.msn.com/en-us/money/companies/wall-street-is-beginning-to-make-job-cuts-should-we-be-worried/