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Banking & Financial ServicesMS

Morgan Stanley

New York, NY

Industry

Banking & Financial Services

WARN Filings Tracked

notices

Workers in Filings

Morgan Stanley is a leading global investment bank and wealth management firm. The bank has been cutting headcount in waves since 2022 — primarily in investment banking due to a dealmaking drought — and in March 2026 announced another 2,500 cuts across all three major divisions as it restructures for an AI-driven advisory future.

Headquarters

New York, NY

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Documented Layoff History

Reported by news sources — not official WARN filings
Mar 20262,500 workers
Source

3% of global workforce across investment banking, wealth management, and investment management

Nov 20242,400 workers
Source

Performance-based and technology roles

Jun 20233,000 workers
Source

Back-office and support roles — largest round in a decade

Dec 20221,600 workers
Source

Investment banking cuts amid deal drought

WARN Filings in Our Database

Matched from official state labor agency filings tracked by Layoff Lookout

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