Investing
Morgan Stanley to cut 3,000 jobs in second quarter – source
© Reuters. FILE PHOTO: Morgan Stanley’s New York headquarters are seen at the corner of 48th Street and Broadway in New York May 22, 2012. REUTERS/Andrew Burton/File Photo
(Reuters) -Morgan Stanley is planning to eliminate about 3,000 jobs in the second quarter in a fresh round of job cuts, a source told Reuters on Monday.
This is the second layoff at the Wall Street firm in six months and follows another quarter of dismal M&A activity that saw fees in the investment banking unit descent.
Morgan Stanley (NYSE:) did not immediately respond to a Reuters request for comment.
Read the full article here
-
Side Hustles7 days ago
3 Steps You Can’t Miss When Growing Your Business
-
Investing7 days ago
How I Transformed My Business by Letting Go of Low-Value Tasks
-
Side Hustles6 days ago
How to Develop Empowered Leaders Within Your Own Team
-
Side Hustles5 days ago
How Your Body Language Can Help Win a Disagreement
-
Side Hustles4 days ago
How to Be Unapologetically You and Why It Matters
-
Passive Income5 days ago
Are You Running Your Business, or Is Your Business Running You?
-
Investing5 days ago
7 Marketing Strategies to Help Your Startup Grow and Scale
-
Side Hustles5 days ago
OpenAI Raises Record $6.6 Billion, Adds 50 Million New Users