Topics regarding layoffs at Morgan Stanley

Topics regarding layoffs at Morgan Stanley

I was laid off 4 years ago

I was with the firm > 19 years and was given an ok title making slightly north of 200k, while offering 180k base to my new hire, an exhibition of how much loyalty was worth (actually loyalty in HR’s eyes means you can’t find a job elsewhere) I’m... — read more 

Past paystub

Are we able to see the past paystubs on adp website? Currently I can’t see anything from ADP. It’s empty.

Friday

Remaining layoffs will be this Friday Is this true or trolling?

Worst HR Ever!!

This company completely has the worst HR handling layoffs. Coming from India. Cant access documents. Can’t talk to a human. Can’t even get a response from email they provide. Management won’t even respond.

Survivor's guilt

I'm single and in my 30s, with some savings. I'm still here. My coworker in his late 40s with a wife and two kids was laid off. I know it had absolutely nothing to do with me, but I still feel so bad for him and I feel guilty for some reason. Don't... — read more 

NYS WARN doesn't apply here?

Since MS let go of greater than 250 full-time employees, weren't they required to give a full 90-day notice before these layoffs? Under the New York State Worker Adjustment and Retraining Notification Act ("NYS WARN"), private employers with 50 or... — read more 

More work for the rest of us

If your team wasn’t affected, congratulations - you’re among the lucky ones who won this round. If your team was affected, my condolences. Now, the rest of us have to double our workloads to keep things running, all for the same pay. We might have... — read more 

Anybody get their email yet

As the title per say. Anyway those that survive layoffs don't pi-s off upper manager. If someone gives you a poor 360 review defend yourself. Most importantly review this website ever so often.

Some thoughts about layoff

I feel really frustrated today because some really good colleagues were let go. I don’t think it’s fair to layoff good talents just for cutting cost. Why don’t just cut everyone’s salary by 2% instead of cut 2% headcount? The only thing I learned now... — read more 

Are they over?

I heard that most layoffs were this morning, are they now done in the US? I’m in New York, if that matters

The process

How are people being notified? Do you receive an email or is there a meeting with your manager? Or something else? I'm sorry if this sounds like a stupid question but I've never been through a layoff before.

What are people getting for Severance?

I know one person who was impacted in SLC with great performance reviews for the past 10 years, HR said the severance details would come later via email. Does anyone know what the standard package is?

Underway

RIF underway across EU, US happening as well today. Know 2 people let go

Barely got any rest

I spent the entire weekend worrying. Leaving some of us hanging like this is just extra cruel. I’d have much rather known last week if I was laid off than go through the torture of this weekend. The stress sent my anxiety through the roof. This place... — read more 

Where to apply if laid off

What are your thoughts on the best alternatives? From what I'm seeing, the entire sector is in trouble, so there aren't that many options left. Which, sadly, makes the coming layoffs even scarier, in my opinion.

Possible Date is March 26th

Whatever happens I say thank you Morgan Stanley for hiring me during the pandemic where my college friends had trouble finding jobs. My financial situation so much better than my college peers since it took them over a year to find a job since their... — read more 

Layoffs soon?

Does anyone know for sure when layoffs are happening?

Layoffs

Any recent news of layoffs? The office has been feeling off the past few weeks.

Return to office

Has anyone been fired yet for not going into the office enough? Currently go in once a week.

Coffee badging

Got pulled into a meeting with my boss, his boss, and hr where they grilled me on badging into the office and leaving very shortly afterwards . (I had an excuse) pretty sure I was about to get fired if I didn’t provide a documented excuse….

Layoffs (Maybe) Coming in March-April

Hey Guys, If anyone has a less than stellar performance on your year-end review please start looking. I heard rumors from VPs and EDs about it and someone also told me that they are finalizing budgets, but can't confirm layoffs so I am certain that... — read more 

No more mass layoffs at MS?

It feels like there has been a change in strategy at MS - no more massive layoffs every year, a switch to exploiting attrition now. Am I the only one noticing this? Prior to 2020 it was like a clockwork - massive layoffs between December and March... — read more 

Any one received the bonus?

hi, It seems all of you forgot the bonus because no one discuss this topic and no information from film provided the exact date about when the bonus be received

AI and Blockchain

How long do you think AI and blockchain will take over financial industry? I feel most positions in MS can be easily replaced by AI and blockchain (like Defi). Even the font office like traders, sales, financial advisors. For example, I can just do... — read more 

MS YE review

YE review Hi, I been in MS finance for less than a year and on performance and impact I received

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