Thread regarding Morgan Stanley layoffs

Layoffs

Expected in December

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| 8371 views | | 14 replies (last December 9, 2019) | Reply
Post ID: @OP+128shl3C

14 replies (most recent on top)

Seems like operations, legal and compliance have been hit hard

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Post ID: @iohu+128shl3C

At least 2 MDS IN LENDING IST AND 2 in qapm

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Post ID: @gsdn+128shl3C

curious, whether it's global, or North America only?

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Post ID: @fmni+128shl3C

MDs this week, across the firm. The bulk blast will be Tuesday for the rest.
Recession girding and bolstering capital reserves.

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Post ID: @fyek+128shl3C

My understanding is 25% or so. It did start today, at least 2 MD's. Most are happening on 12/10.

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Post ID: @ebqi+128shl3C

Do you know how many MDs, EDs and VPs in the mix. Or is it just one guy and a dog ?

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Post ID: @eyog+128shl3C

One way through /n to figure out who is no longer with the Firm is to look for the default placeholder image where the portrait should be.

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Post ID: @emxw+128shl3C

already heard about 1

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Post ID: @erpn+128shl3C

happening today! MD's.

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Post ID: @etih+128shl3C

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 it might be one of the biggest since 2008.
Dates will depend on department, starts next Tuesday Dec 10th, on a office near you. Start packing your sh–.

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Post ID: @dyko+128shl3C

12/10 20-25% reduction

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Post ID: @dkaa+128shl3C

In what areas of the firm?

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Post ID: @5pvv+128shl3C

Possibly the Dec 12 or Dec 13

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Post ID: @zvr+128shl3C

Care to elaborate?

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Post ID: @xkf+128shl3C

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