Banking & Finance · United States
Morgan Stanley layoffs
We've tracked 3 rounds of Morgan Stanley layoffs between Dec 2022 and Mar 2026, affecting 7,100 people in total. None of these cuts were publicly blamed on AI. Headcounts are what was reported at the time, and some may have changed since.
People affected
7K
Across tracked announcements
Announcements
3
Dec 2022 → Mar 2026
AI-attributed
0%
Of affected people
Every tracked announcement
- −2,500(3% of workforce)
Cuts fell across investment banking, wealth management and investment management at a bank with a global workforce of about 83,000.
About the figure: Figure attributed to a person familiar with the matter, not a company announcement.
Source: Reuters (via WHBL)
- −3,000
Morgan Stanley planned a second round of about 3,000 job cuts by the end of June 2023, mostly in banking and trading, as dealmaking stayed weak.
About the figure: Reported by a person with knowledge of the plans; about 5 percent of staff excluding financial advisors.
Source: CNBC
- −1,600(2% of workforce)
Morgan Stanley cut about 2 percent of global staff across most divisions as Wall Street deal activity slowed.
About the figure: Reported by people with knowledge of the layoffs; the bank did not publish a figure.
Source: CNBC
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Part of the WorkforceSignal company directory, every event curated from public reporting with conservative AI attribution. See methodology.