Wall Street heavyweight Morgan Stanley is planning to lay off about 2,000 employees later this month, a person familiar with the matter said Tuesday. The reduction of 2% to 3% of the company’s ...

(Bloomberg) -- Morgan Stanley is planning to cut about 2,000 employees later this month in the first major workforce reduction under Chief Executive Officer Ted Pick. The cuts will take place across ...

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. The Financial Times reports that as financial institutions ...

(Reuters) -Wall Street heavyweight Morgan Stanley is planning to lay off about 2,000 employees later this month, a person familiar with the matter told Reuters on Tuesday. The reduction of 2% to 3% of ...

(RTTNews) - Morgan Stanley (MS) is planning to lay off about 2,000 employees later this month, according to several media reports citing people familiar with the matter. The layoffs, representing 2% ...

Markets were having a bit of a breather Monday morning after the big rally following the much better than expected jobs report. S&P 500 futures ES00 slipped 0.5%, after a 0.9% gain for the index SPX ...

Morgan Stanley's newly patented DevGen.AI tool was developed in-house and released in January. The bank says it has saved almost 300,000 hours this year alone but won't replace developers' jobs.