Business & Finance

Reuters reveals Morgan Stanley to start layoffs in coming weeks as dealmaking slows

03 November 2022, 7:19 pm 1 minute

Reuters was first to report Wall Street major Morgan Stanley is expected to start a fresh round of layoffs globally in the coming weeks, as the dealmaking business takes a hit due to rising inflation and an economic downturn.

Article Tags

Topics of Interest: Business & Finance

Type: Reuters Best

Sectors: Business & Finance

Regions: Global

Win Types: Exclusivity

Story Types: Exclusive / Scoop

Media Types: Text

Customer Impact: Major Global Story

Share this article

Work Email Address *

Country *

I'd like to receive communications about Reuters resources, events, products, or services.

(Please note you can manage and update your preferences at any time.) By submitting your details, you are agreeing to receive communications about Reuters resources, events, products, or services. By submitting your details, you are also acknowledging that you have read and understood our: Privacy Statement.

By submitting your details, you are agreeing to receive communications about Reuters resources, events, products, or services. By submitting your details, you are also acknowledging that you have read and understood our: Privacy Statement. * required field

Work Email Address *

Country *

More of Reuters Best

Wells Fargo asset cap likely to be lifted next year

Reuters reveals Morgan Stanley to start layoffs in coming weeks as dealmaking slows

More of Reuters Best

Wells Fargo asset cap likely to be lifted next year

India’s Andhra Pradesh state likely to suspend Adani power deal

Buffett refines plans for his fortune, donates more Berkshire shares

Nvidia’s AI chip demand still booming but slowing sales growth worries investors