ReferIndia News Morgan Stanley slashes 2500 jobs despite record profits, layoffs hit 3 big divisions: Report

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Morgan Stanley slashes 2500 jobs despite record profits, layoffs hit 3 big divisions: Report

Published on: March 5, 2026, 7:07 a.m. | Source: The Financial Express

Morgan Stanley, which employs about 83,000 people, reported its highest-ever yearly revenue in both its investment banking and trading business, as well as in its wealth management arm.

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