Senior managers are discussing plans to eliminate about 3,000 jobs from the global workforce by the end of this quarter, according to people with knowledge of the matter. That would amount to roughly 5% of staff excluding financial advisers and personnel supporting them within the wealth management division.
The banking and trading group is expected to shoulder many of the reductions, one of the people said. A spokesperson for New York-based Morgan Stanley, which employs about 82,000 people, declined to comment.
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Denne historien er fra May 03, 2023-utgaven av Mint Mumbai.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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Quick Edit: The market's green role
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