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

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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: https://www.cnbc.com/2019/12/09/morgan-stanley-cutting-jobs-due-to-uncertain-environment-sources.html

 

--Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

 

(END) Dow Jones Newswires

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

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

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