Morgan Stanley cutting jobs due to uncertain global environment - CNBC

(Reuters) - Morgan Stanley is cutting about 2% of its workforce due to an uncertain global economic outlook, CNBC reported on Monday citing people familiar with the matter. The job cuts will hit technology and operations roles hardest at the Wall Street bank, the report said.

Reuters December 10, 2019 01:07:28 IST

Morgan Stanley cutting jobs due to uncertain global environment CNBC

(Reuters) - Morgan Stanley is cutting about 2% of its workforce due to an uncertain global economic outlook, CNBC reported on Monday citing people familiar with the matter.

The job cuts will hit technology and operations roles hardest at the Wall Street bank, the report said. (https://cnb.cx/2qCxlbN)

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Morgan Stanley had 60,532 employees as of Sept. 30.

(Reporting by Bharath Manjesh in Bengaluru; Editing by Shailesh Kuber)

This story has not been edited by Firstpost staff and is generated by auto-feed.

Updated Date: December 10, 2019 01:07:28 IST

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