Thread regarding Morgan Stanley layoffs

March 4

RIF for WM is confirmed to happen tomorrow.


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| 10799 views | | 77 replies (last March 12) | Reply
Post ID: @OP+1kjtkpz73

77 replies (most recent on top)

@dy anyone know numbers?

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Post ID: @dz+1kjtkpz73

is it over now?

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Post ID: @dy+1kjtkpz73

@dw I got 3weeks per year based on 15 year though I was there for 20

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Post ID: @dx+1kjtkpz73

@dv how many years was the cap

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Post ID: @dw+1kjtkpz73

So long after 28+ yrs nyc vp l4 in tech. Garden lv til Jun 30, said sev was capped despite my years. There were good things there and better things ahead

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Post ID: @dv+1kjtkpz73

@dk Yep - in process.

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Post ID: @dt+1kjtkpz73

@dr

I suspect layoffs are not done after today and will be ongoing via a rolling layoff. Maybe a few weeks later it would be Banking next who knows or WM non-tech.

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Post ID: @ds+1kjtkpz73

@dq maybe it’s because it’s non US focused primarily , so no WARN act needed

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Post ID: @dr+1kjtkpz73

Wow, no WARN act notice, nothing in the news, but blazing through the whole firm today

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Post ID: @dq+1kjtkpz73

Is montreal getting hit?

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Post ID: @dp+1kjtkpz73

London is finished, happening in the US now

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Post ID: @dn+1kjtkpz73

Hitting Alpharetta now

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Post ID: @dk+1kjtkpz73

Just got canned. NY WM Ops.

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Post ID: @dj+1kjtkpz73

any news in North America

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Post ID: @dh+1kjtkpz73

I hope it impacts the India office. I find the worst culture comes out of WM. They are the pushiest, refuse to read docs or follow process. Tired of losing friends who are quality engineers only to see WM India absorb the role with an engineer who is 1/10th the quality.

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Post ID: @dg+1kjtkpz73

If someone is suddenly OOO and their status says they are on leave for the next 1 month, it means they are gone. In Glasgow it is mostly finance, legal. Tech was also affected (cyber security). Also I think it started in UK around 15th Feb. Some VPs disappeared around 15 Feb, suspicious 1,5-2 months leave. I doubt they return.

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Post ID: @dd+1kjtkpz73

@cw sorry to hear that

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Post ID: @dc+1kjtkpz73

What’s the word in US?

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Post ID: @da+1kjtkpz73

@bx have you heard the % of people cot be cut?

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Post ID: @d9+1kjtkpz73

It's definitely happening (tech, LN)

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Post ID: @d0+1kjtkpz73

Just been told my position is at risk.
I’m based in London equities

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Post ID: @cw+1kjtkpz73

What is going on in EMEA Tech? is it underway?

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Post ID: @cv+1kjtkpz73

There is no news. Strange.

Good luck

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Post ID: @cs+1kjtkpz73

Tech department or WM ? Keep us posted.

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Post ID: @cq+1kjtkpz73

Emea mandatory call in 7 mins. Tech.

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Post ID: @cp+1kjtkpz73

Has this started in emea?

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Post ID: @cn+1kjtkpz73

Good luck people.

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Post ID: @ch+1kjtkpz73

@ae it’s all divisions globally

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Post ID: @bx+1kjtkpz73

@ae not sure about tech. Can only confirm WM.

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Post ID: @be+1kjtkpz73

@bb yes happening in US tomorrow

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Post ID: @bd+1kjtkpz73

Is this happening in North America tomorrow ?

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Post ID: @bb+1kjtkpz73

oh maybe this is an asia only WM and tech layoff

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Post ID: @b9+1kjtkpz73

It’s March 4 in Asia and it has started.

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Post ID: @b6+1kjtkpz73

Why isn't this in the news like last year?

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Post ID: @b5+1kjtkpz73

How bigly?

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Post ID: @am+1kjtkpz73

How big ?

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Post ID: @ah+1kjtkpz73

so it’s WM and tech?

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Post ID: @ae+1kjtkpz73

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