Rumor has it that Morgan Stanley (MS.US) plans to cut 230 people in 7 New York offices

The Zhitong Finance App learned that, according to reports, Morgan Stanley (MS.US) plans to cut about 230 employees at seven offices in New York City in June 2025. This layoff is part of its cost control and personnel adjustment strategy to deal with market fluctuations and policy uncertainty. The layoffs are expected to officially take effect on June 17, 2025. Although this layoff is relatively small in number, it is part of the company's projected global job cuts of around 2,000 jobs (excluding financial advisory positions).

The report said that the 230 layoffs will be distributed among the company's seven offices in New York City, but Morgan Stanley has not yet specified which departments or positions will be affected.

According to reports, the total number of employees at Morgan Stanley worldwide was about 80,478 at the end of 2024 and 81,023 at the end of March 2025. This round of layoffs will account for about 2% to 3% of the total number of employees worldwide.

According to reports, up to now, Morgan Stanley has not publicly responded to the details of this layoff, nor has it confirmed which offices and departments will be most affected. However, as the implementation date of the layoffs approaches, it is expected that the company will release more relevant details.