Thread regarding Morgan Stanley layoffs

Struggling Morgan Stanley eliminates 1,200 jobs

http://money.cnn.com/2015/12/08/investing/morgan-stanley-cuts-1200-jobs/

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Post ID: @OP+ERtIBS8

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Is 730 part of this number?

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Post ID: @bqw+ERtIBS8

The cuts were broad-based and eliminated 25% of the positions within the fixed income and commodities businesses, the person said. Those divisions are grappling with tumbling trading revenue and shrinking fees.

Morgan Stanley also eliminated about 730 back-office jobs like human-resources and IT positions.

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Post ID: @kxe+ERtIBS8

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