Morgan Stanley Layoffs Coming 2024. Most of the cuts will come from capital markets teams in hong kong and. Wall street major morgan stanley is expected to start a fresh round of layoffs globally in the coming weeks, three people with knowledge of the plan said, as dealmaking.

Layoffs could be coming to morgan stanley’s wealth management business at a critical time. Investment banking giant morgan stanley is planning to cut hundreds of jobs in its wealth management unit, according to a person familiar with the matter, the latest in a string of layoffs.