Morgan Stanley Plans to Cut 1,500 Jobs, Sources Say --CNBC

Date : 12/09/2019 @ 8:08PM
Source : Dow Jones News
Stock : Morgan Stanley (MS)
Quote : 57.51  1.07 (1.90%) @ 12:59AM
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Morgan Stanley Plans to Cut 1,500 Jobs, Sources Say --CNBC

Morgan Stanley (NYSE:MS)
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--Morgan Stanley is planning to cut about 1,500 jobs, aimed mostly at technology and operations, CNBC reports Monday, citing "people with knowledge of the situation."

--The cuts equal 2% of Morgan Stanley's workforce, the report said.

--A company spokesman declined to comment, according to the report.


Full story:


--Write to Stephen Nakrosis at


(END) Dow Jones Newswires

December 09, 2019 14:53 ET (19:53 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

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