Morgan Stanley cuts 2,500 jobs across divisions
By: Flávia Furlan Nunes | Published: 2026-03-05 17:37:15 | Source: www.housingwire.com
Job cuts are reportedly occurring across multiple divisions, including investment banking, trading, investment management and wealth management. Within wealth management, private bankers and back-office support staff were among those affected.
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Layoffs began last week, with many occurring Wednesday, according to sources cited by WSJ.
The restructuring comes despite a financially strong…
