Thread regarding Morgan Stanley layoffs

Different this year?

Usually it’s the one dreadful day where everyone gets laid off on the same day. However this year (at least for my department) I have noticed with the EDs and MDs that they are being let go here and there. Since January we have had about 5 officers let go.


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| 3053 views | | 5 replies (last March 3) | Reply
Post ID: @OP+1kjcx7tq2

5 replies (most recent on top)

@f1 because they told me.

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Post ID: @11a+1kjcx7tq2

JPM brother already do it, see when we follow the step

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Post ID: @101+1kjcx7tq2

EDs get treated like everyone else, they just get paid out for their officer title notice requirements.

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Post ID: @xs+1kjcx7tq2

What makes you think they were let go and didn't just leave on their own after comp?

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Post ID: @f1+1kjcx7tq2

Senior people are often (but not always) given time to plan their departure. The worker bees just get RIF'd.

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Post ID: @as+1kjcx7tq2

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