We went from a place I enjoyed working at to a place I can't wait to leave in just a few years. I'm not sure what caused the complete shift in culture, but it happened and I know I'm far from the only one who noticed this. I don't know many people... — read more 

Happy Thanksgiving, Merry Christmas, and a Happy New Year. Though sporadic layoff may still happen as HR is giving managers a chance to get rid of their eye sores.

Been sending out job apps nonstop, just trying to get out. Around here, you’re treated like you don’t matter and no one’s accountable for anything. Management keeps talking about performance metrics that make zero sense. The place lost its... — read more 

Some of these apps just seem so advanced compared to what we have.

I heard a rumor of layoffs in Nov. Any credibility to the rumors this time or just speculation based on past events?

Rumor has it that the firm is introing Sapience to track employee productivity. Good luck everyone! Time to do even more work for even less pay!

I have a question: how much should one be concerned in a case where a poor 360 review is given? What's the overall impact of the review and does the management take this in any big considerations? Thank you.

There were talks of another round of layoffs after March. Does anyone know if layoffs are still on the table for this year or no?

Perhaps I’m paranoid, but there’s a push to complete ratings and rankings and org charts. May be typical summer fanfare but who knows. Also, some travel has been curtailed.

https://www.thelayoff.com/wells-fargo-and

Hi all, I was under the impression that we’d be able to access our past paystubs via the ADP website after the layoff. However, I just checked and my ADP portal isn’t showing any paystub information yet. Has anyone else experienced this? — read more 

Does anybody even care that we all know how promotions are handed out and that it has nothing to do with merit?

As per the title, I want everyone to enjoy their love ones and prepare for bloodbath next week. Can't say if this is only for New York, but prepare for layoffs either way.

Entire IED trading team annihilated today. Good luck folks

Why are we not backfilling any positions? I don't know how much longer I can keep this up, and I can tell you that this is not what I signed up for. If I pull back and just do what I can in my regular hours, what are the chances I'll be fired? Or put... — read more 

Happened to me a while back, I lawyered up and it was expensive but the best thing I ever did as together we showed how the selection process had been gamed by my manager, presumably an act of self-preservation or a sacrifice to make them look good... — read more 

I like the work, but the environment’s toxic. Too scared to walk away, but staying feels like slow suffocation.

they claim it's for cost managment and streamlining but we all know it's a smokescreen for short term gains at the expense of long term loyalty and morale. people with spotless records got blindsided some finding out only after invoking warn act... — read more 

Morgan Stanley will lay off 230 employees in seven of its New York City offices, Citywire can confirm. The dismissals from the New York offices are a part of the firm’s efforts to cut at least 2,000 employees from its 80,000-person global... — read more 

Pencil that date in your diaries. It seems to be very small for NYC, can't speak for other offices if layoffs will occur. Seems very targeted and cutting hanging fruit from the last layoffs. This is according to WARN.

I heard that there’s another layoff coming middle of June. Has anybody else heard anything supposedly only in New York but not sure.

Does anyone know how much of your lump some payment is taxed? Example if your severance is 50k would I receive 25k or more/less? Thanks

Toxic, if there was an academy award for toxic, they would win, from management to HR, I worked there for years, it was brutal towards the end when I was laid off. If you did not fit the mold, you were mistreated.

Does anyone know the average severance package in last layoff?

So tired of having to listen to people talk about when is the next layoff, I’m not leaving until I get laid off. I’m leaving now because I can’t wait around until I get laid off. Oh my gosh does this ever end? Well other than when you get actually... — read more 

I think that MS is strap for cash at the moment. https://www.reuters.com/business/finance/morgan-stanley-sell-final-12-billion-x-debt-bloomberg-news-reports-2025-04-24/

I would never recommend MS to anyone to work for . How they have handle things is horrible.

DO WE REALLY NEED TO PAY THIS GUY $5 MILLION A YEAR TO WEAR THIS HAT WHEN WE ARE LAYING OFF GOOD PEOPLE EVERY YEAR???

Between the endless stress and now layoffs hitting left and right, it feels impossible to catch a break. I don’t know how anyone is functioning right now. The whole situation just keeps getting worse, like we’re all stuck in some awful loop. Really... — read more 

I’ve been here for over ten years. It’s been tense and exhausting. This job tends to take too much personal time and energy, with little reward or opportunity for advancement. It’s definitely time to move on. I wish the best for all of you. Don’t get... — read more 

Stop asking if there'll be more. Accept that this is now part of the routine. Acting shocked every time another round happens just wastes energy. You need to adapt or you'll just hurt your own mental health. In all honesty, the only real surprise at... — read more 

Are all layoffs done or not? Have 2k people already been let go? It's supposed to be done by the end of March, yet some people are still saying there'll be more in April.

Good luck all. Morgan Stanley Workforce Reduction – March 2025 Layoffs Planned: Morgan Stanley will cut 2%–3% of its global workforce (~2,000 employees) by the end of March 2025 Exclusions: Financial advisers are not part of the layoffs ... — read more 

3 weeks per year I think is usual, does anyone know if it is capped at a number of years? Also what happens if you don't sign the docusign?

Been considering quitting for a while but always found a reason not to (mostly being too chickenshit to actually do it). Well, that's now done. I've already started looking. I just want out of this place.

Of course the solution is always to gut the team and keep the clueless execs who caused the mess. Decades of experience out the door while the people at the top fail upward like always. Let’s see how that works out this time.

I saw this in LinkedIn that someone posted.

I'm hoping there's an age discrimination investigation regarding these layoffs. Way, way, way too many older employees were affected for it to be a coincidence.