Morgan Stanley Layoffs Coming 2024. Most of the cuts will come from capital markets teams in hong kong and mainland china. Investment banking giant morgan stanley is planning to cut hundreds of jobs in its wealth management unit, according to a person familiar with the matter, the latest in a string of layoffs.
Bloomberg, morgan stanley wealth management global investment office (gio). Layoffs could be coming to morgan stanleyโs crucial wealth management business โ a prudent step to improving the bankโs overall cost structure amid uncertainty over federal reserve.