Morgan Stanley: cuts to the workforce to the highest in three years

9 years ago - Published in Finance, Fundamental Analysis

Today Morgan Stanley confirmed the data on employment: the first quarter of 2016 has been characterized by the greatest number of layoffs for the US bank since the beginning of 2013. There are about 1,440 jobs cut in an effort to contain costs , of all has been the fixed income division one most targeted by the redundancies by the end of 2015, following the decline in trading profits.