{"id":83309,"date":"2022-12-02T00:10:55","date_gmt":"2022-12-02T05:10:55","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=83309"},"modified":"2022-12-06T23:51:16","modified_gmt":"2022-12-07T04:51:16","slug":"morgan-stanley-cuts-2-of-global-staff-on-tuesday-sources-say","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/12\/2022\/morgan-stanley-cuts-2-of-global-staff-on-tuesday-sources-say.html","title":{"rendered":"Morgan Stanley cuts 2% of global staff on Tuesday, sources say"},"content":{"rendered":"\n<p>(CNBC) <a href=\"https:\/\/www.cnbc.com\/quotes\/MS\/\">Morgan Stanley<\/a> cut about 2% of its staff on Tuesday, according to people with knowledge of the layoffs. The moves, reported first by CNBC, impacted about 1,600 of the company\u2019s 81,567 employees and touched nearly every corner of the global investment bank. Morgan Stanley is following rival <a href=\"https:\/\/www.cnbc.com\/quotes\/GS\/\">Goldman Sachs<\/a> and other firms including <a href=\"https:\/\/www.cnbc.com\/quotes\/C\/\">Citigroup<\/a> and <a href=\"https:\/\/www.cnbc.com\/quotes\/BCS\/\">Barclays<\/a> in <a href=\"https:\/\/www.cnbc.com\/2022\/09\/12\/goldman-sachs-to-kick-off-wall-street-layoff-season-with-hundreds-of-job-cuts-this-month.html\">reinstating<\/a> a Wall Street ritual that had been put on hold during <a href=\"https:\/\/www.cnbc.com\/coronavirus\/\">the Coronavirus pandemic<\/a>: the annual culling of underperformers.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2022\/12\/06\/morgan-stanley-cut-about-2percent-of-staff-tuesday-sources-say-.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) Morgan Stanley cut about 2% of its staff on Tuesday, according to people with knowledge of the layoffs. The moves, reported first by CNBC, impacted about 1,600 of the company\u2019s 81,567 employees and touched nearly every corner of the [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-83309","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/83309","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=83309"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/83309\/revisions"}],"predecessor-version":[{"id":83310,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/83309\/revisions\/83310"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=83309"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=83309"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=83309"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}