Morgan Stanley is the latest bank to trim its workforce. Here’s why.

Morgan Stanley plans to cut between 2% and 3% of its 80,000 global employees late this month, a person familiar with the matter said on Tuesday.

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Morgan Stanley is the latest bank to trim its workforce. Here’s why.

Topics

Related

Here’s the level that could be an attractive entry point for stocks, says Morgan Stanley’s Mike Wilson

Here's why banks don’t want the CFPB to disappear

Department of Education cuts half its workforce

‘Gut punch’: Democrats decry Trump's plan to cut 80,000 at Veterans Affairs

VA secretary: Cutting 80,000 jobs ‘is our target’

Department of Education lays off nearly half of workforce

US education department plans to cut half its workforce

Nissan, Facing Mounting Challenges, Replaces Its C.E.O.

Here’s how many Social Security workers are taking a buyout — so far

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