Layoffs 2024 Morgan Stanley 2024. The job cuts would be the deepest in years for morgan stanley in china, its biggest market in the region. Morgan stanley’s global investment committee sees this as the most likely scenario, expecting slow and shallow fed rate cuts to around 3.5% toward the end of next.

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. 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.