Layoffs have started taking place in London today, NY/Montreal to be hit later

Anyone heard what day comp is due in January?

https://seekingalpha.com/news/3913132-morgan-stanley-making-modest-job-cuts-globally-ceo-says

I like working at MS as it’s a good place. But we had a reorg 3 months ago and I really don’t like my boss at all - micromanaging and always challenging in a negative and snappish manner. Anyone know the process to request a manager change? — read more 

Post any information about potential or actual Morgan Stanley layoffs? Any chatter, news or rumors?

Rumor has it lists are ready and no one is an exception

We now have weeks of thinking about this and wondering if this is it. I'd rather they just announce it today and do it at the same time. It's healthier. Yes, there's no time to prepare but if you're not prepared by now for the possibility of being... — read more 

https://finance.yahoo.com/news/exclusive-morgan-stanley-start-layoffs-073507690.html

Any early news on what we can expect from comp day this year?

https://www.marketwatch.com/story/morgan-stanley-evaluating-job-cuts-ceo-says-11666021780

Morgan Stanley reported a 30 per cent year-on-year fall in third-quarter net income, marking its longest streak of declines since 2019 as it continues to suffer from a drop-off in investment banking... — read more 

... — read more 

Any news or rumors if there are any planned cuts in November or December?

For those who refuse to come back to the office, you should be worried. Power is now shifting back to the employer as the job market tightens. Comp is the least of your worries. Your job is now on the line - it’s probably already been eliminated... — read more 

tl;dr I got laid off today

Does anyone know details surrounding bill 96 and the MTL office? What changes will we see (if any)?

There are many reasons why I think a better strategy would be to try to keep good employees, among others, wouldn't it be even less costly to give us higher pay so we don't leave, rather than hiring mostly incompetent people with very little... — read more 

Just got the call. Officially laid off from Morgan Stanley.

If you don't see that things have been going downhill for a while you must be blind. This is not the same place it was five years ago and even more so ten years ago. If you have the skills that could be considered attractive to other companies, you... — read more 

All we know is that some layoffs happened this week. Where? How many were affected? Will there be more next week? Does anybody know anything more?

You shouldn't worry about layoffs, at least for a while. Too many people are leaving the company so there's no need to have any extra cuts. Maybe if there's another recession sometime soon we'll be hit with more layoffs, but other than that, we can... — read more 

What is going on here ? Lots of constant flip flops . Methodology in a state of turmoil under a person with dubious credentials . Know the problem was created by the prior regime but the newbie crew may be worse

Can someone share their East Coast (Mid Atlantic) salary and maybe even known range? Bonus structure? I'm fully licensed and have seen some postings, wondering if they are paying more than Merrill (also has a lot of postings..)

Rumor is there is a layoff coming this month in march with monday 28th the day of the deed. Could be wide of the mark but this is the latest rumor heard

Is this another case of "let's pretend we didn't see it coming"? I took a look at the P/E graphs and it certainly looks like we are headed into dangerous territory--along with reduced resources and climate chaos. But it's hard figuring out how to... — read more 

I only got 26% bonus.

Soon…

Or is it every other year? I’ve been in my role a year and a half and I got no raise this year.

Indeed the market is hot. I’ve had 3 interviews since comp day and feel I’m close to an offer with one of them; oh and they’re paying 27K more than MS for the same job. People need to realize that this is the case and take advantage of it! I'm... — read more 

I got no raise but a decent bonus.

Bonus is down in comparison to 2020 Bonus Base is up but you need to work full year to get it

Any word on if bonuses/ comp will be higher than last year? With record profits and retention being a priority (tech) I would hope this year is a good year. Any thoughts?

Do we know what day comp is this year?

I'm tiring of the Gorman regime. Heck, I might even take Purcell over Gorman.

Make a prediction and tell us what you think about Morgan Stanley layoffs? Any chatter, news or rumors?

They may have managed to keep it out of the media that way, but it is enough for us to know that small layoffs are happening under the radar. People talk about it and there’s no reason not to believe it’s happening??? If we add to that all those... — read more 

I don't know about you, but ever since I've been working here, for more than 12 years, I personally have never had a harder year at MS than this one. I lost all hope that the next one would be any better. For now, I see no indication that it could be... — read more 

If they haven't dropped the hammer by now after Gormans TV bluster about 90% vax rate, it wont happen. They know theyll lose the money makers if they try. Eat crow Gorman

Worrying ahead of time doesn't really make it any easier. That’s why it’s best to always be prepared - it reduces anxiety. Anyway, my colleagues have already started talking that there could be cuts soon, very likely in December. Don't quote me on... — read more 

Get ready. My sources say October is the month the vaccine mandates get real. America will soon be like Australia. Stay safe.