Layoffs 2024 Morgan Stanley Chicago. 1,800 employees were laid off in total from these layoffs. The last time morgan stanley made global cuts was in 2019, when it laid off about 2% of its employees.
The cuts represent ceo ted pick’s first big move at the helm of the firm and morgan stanley’s need to drill down on expenses. Morgan stanley filed 9 warn layoff notices from nov 2007 to dec 2023 in illinois, new jersey, new york, ohio and utah.