Morgan Stanley cuts 2,500 jobs amid record revenue but it’s not because of AI business News

 & more related News Here

Morgan Stanley cuts 2,500 jobs amid record revenue but it’s not because of AI business News & more related News Here

Despite a record year for revenues, Morgan Stanley has laid off about 3% of its workforce, or about 2,500 employees. As of December 31, 2025, Morgan Stanley had 82,992 employees. (Reuters) The job cuts were made across three major divisions of the bank: investment banking and trading, wealth management and investment management, but will not…

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