Layoffs 2024 Morgan Stanley In India. The us investment and financial services giant said in a recent earnings report that its profit dropped 20 percent in the first three months of this year amid a slowdown in mergers and acquisition advising. The layoffs at morgan stanley come after the bank, like other investment banks, hit a pause on layoffs during the pandemic.
The initial public offering of subscription travel firm ixigo sailed through on the first day on robust retail interest. โ 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.
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