Morgan Stanley set to slash 2,000 jobs in move to improve efficiency
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Morgan Stanley plans to cut 2,000 jobs, which is about 3% of its workforce, excluding financial advisers, to improve efficiency.
March 18, 2025 | 10:45 pm
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Morgan Stanley is reducing its workforce by 2,000 jobs, excluding financial advisers, to improve operational efficiency.
The job cuts are likely to reduce operational costs, which could improve profit margins and be viewed positively by investors, potentially leading to a short-term increase in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100