Addi Livvyy

Morgan Stanley Upcoming Layoffs April 2024. Media coverage scrutinizes the circumstances. Ted pick, ceo morgan stanley, speaking on cnbc’s squawk box at the world.

The layoffs were part of a broader goal to reduce citi’s staffing by 20,000 over the next two years. Morgan stanley ms has planned to lay off hundreds of workers from its wealth management (wm) division, a move that is expected to impact less than 1% of the unit’s.