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Morgan Stanley

Investment servicesNew York, New YorkMSAbout 83,000 employees

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WorkHush has 1 source-backed update on Morgan Stanley workforce changes since March 2026. The latest, added March 4, 2026: About 2,500 jobs, roughly 3% of staff, across business lines (reported reduction). Read it with sources ›

What the sources say

The source-backed update ›

About 2,500 jobs, roughly 3% of staff, across business lines

Reported reduction · Reported March 4, 2026; many dismissals took place that day

Sources: WealthManagement.com (Bloomberg), Associated Press (via Yahoo Finance)

More about Morgan Stanley

Financial services firm offering investment banking, trading, wealth management (including E*Trade) and investment management

Revenue
$70.6B
Fiscal 2025 net revenues, up 14%
Employees
About 83,000
As of December 2025
Stock
MS
New York Stock Exchange
Headquarters
New York, New York
CEO
Ted Pick
Since January 2024; chairman since January 2025
BrandsMorgan Stanley, E*Trade
Current strategyOperating as an “Integrated Firm” across institutional securities, wealth management and investment management
Recent workforce changesAbout 2,500 jobs (about 3%) cut in March 2026; financial advisors not affected
CompetitorsGoldman Sachs, JPMorgan Chase, Bank of America
Related companiesGoldman SachsJPMorgan ChaseCharles Schwab

Checked October 11, 2026 · Sources: sec.gov, fox6now.com

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