S—s, because I did not see it coming. Couldn't even say goodbye to my team. Any idea how much time does one on H1 have to look for a new job? Yes we are on payroll for a few weeks but that doesn't mean our visa is valid till then right? I think we... — read more 

go to @12nq0mOz or thelayoff.com/t/12nq0mOz

What are those? Please remind me...

If Morgan Stanley really wanted to cut costs they should cut back on the frivolous spending. Revenue generating departments seem to have endless funds for all sorts of shenanigans. I’m sure if the firm cut back on a firm paid vacations for... — read more 

For new folks here, there is a large "ACTIVE" button right above the first thread... you can use it to see what posts had recent replies. That's all from me. Anyhow, I hope this helps someone. Good luck all....

Any ideas if the groups that were already hit will receive more lay offs in the coming days?

Forced ranking is a quintile system with 1 being worst and 5 being Exceeds Expectations. Your manager is forced to rank people under him on a curve with a certain percentage expected to be in the 1 bucket. This is how you end up with good people... — read more 

Poor management and internal politics...teams are already short staffed as is with many employees working long hours meanwhile consultants sitting around at MS take 2 hour lunches and surf the web all day (e.g. my team). Morale is low.

Just saying!

Got axed. After a more than a decade of working in a place I was proud of. Upsetting, but I think of it as a good thing. It was getting insanely bureaucratic and political.

Its true, big corporate wall street banks like MS are expert liars. The fatcat upper MD echelons have too much power and are utterly biased and selfish. Some mangers might pick layoffs out of vengeance & power tripping abuse. Others would cut... — read more 

Its all politics on who's let go, in my team in NY there are few there were 3 VP's, 1 ED. 2 VP's and 1 ED joined last year whereas 1 VP was working in MS for 10 years. This guy knew the system inside out, the go-to guy for any kind of... — read more 

Our CEO earned $26,545,324 in 2018, an 8% increase from 2017, 198 times greater than the 2018 median MS employee compensation.

My husband, a long time and highly dedicated IT employee of Morgan Stanley, got the axe yesterday. The real tragedy is that the lay off had nothing to do with his performance and accomplishments. In fact, my husband gave everything he had to this... — read more 

Each department has a cost reduction goal (e.g., 5%) given from the senior management. They aim at the least important projects, or those projects that are eating a lot of money. Manager then decide which to lay off according to some ranking list... — read more 

I've heard from some people that it is over, but others keep saying we are far from done. It would be really nice to know who is right... Anybody here has some reliable info on what to expect today? It's really heartless to do this to us so close... — read more 

How are they (management) deciding on who is being cut and why? There doesn't seem to be a common theme, rhyme or reason... The more I look the more this cut looks haphazard... It certainly feels that they are going beyond than just skills and... — read more 

It's categorically not true that only low performers are affected. There's really more than one event going on simultaneously here. Some of this is about cost cutting in metro locations, some of it is department-based based on specific circumstance... — read more 

This layoffs was unrelated to performance, do not listen to both mgmt and fear mongers - It is based on cost reduction , hence 20%+ in NY

Oh, well... Not a surprise that this happened and I’m quite thrilled because the message MS put out and the experience working there was totally different.

It’s happening in NYC right now... The same people who got certificate for loyalty (10 yrs) 2 months ago , have now been walked out.. Two weeks before holiday , classy!

Do you know if recent graduates are being laid off? If yes, what groups and locations?

40% MD’s walked out in tech tomorrow they will walk EDs and VPs security guards on floors this is broader and deeper than anticipated

IT'S HAPPENING. Layoffs have already started, just note some of the MDs are suddenly are not around even though they might still be /n (it is our directory service, for the outsiders). This is a big one and it'll hit across the board, comments are... — read more 

Wonder what to make of the fraudulent trade by junior FX Traders . If the junior ones can hid north of $100 million wonder what the seniors may be up to. Well, I wonder why was this not caught ? What about internal audit. Wonder if they have any... — read more 

Expected in December

Is there going to be any reorg or Morgan Stanley Layoffs 2020? Any news or rumors?

Heard that there was another round of cuts yesterday in ISG. Any idea what size, and what levels?

Just had the announcement one more round lay-off started in Asia and will complete by today. More people affected compare to last Thursday.

Heard there are significant layoffs on Thursday for IT.

Major layoffs are happening in sales and trading. Dozens of people shown the door so far. Not sure how big the final number is exactly, but it looks like it is not a small round. My main question is, does anybody know if all affected employees have... — read more 

https://www.sec.gov/comments/s7-14-18/s71418-4530302-176067.pdf

If the market makes a turn soon, do you think there will be Morgan Stanley Layoffs in 2019?

for automated trading and systematic trading, regulators should ask bank perform mode validation on their ALPHA SIGNAL!!! That’s the only way to make sure bank doing things meet regulator requirement and not hurting client interest! How does it... — read more 

If a desk is secretive, then it very likely it is doing something that will bring company economic loss and reputation risk some days

I hear they are trying to be more competitive and get rid of the operations staff...

I can tell you that rumors are flying around about job cuts in NYC.

Many folks are talking about layoffs in NYC.

I got laid off 4 months before I would have been eligible for retiree medical coverage.

What was particularly egregious was being laid off one week before bonus, having just been given a very good performance review. The bonus was to be for the prior year performance - those of us who were laid off for non-performance reasons should... — read more