Morgan Stanley London IBD Layoffs
Apparently many layoffs today in the London office for IBD, are there any sources that can confirm this?
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15% in S&T laid off
Is this typical for S&T layoffs? Also, were these analysts or more senior people?
Have heard they started today, incl. Analysts. Most coming tomorrow apparently.
Any idea which teams and what levels within those teams in IBD?
in ibd literally all seniorities all teams - should be finished now
Any update on London? Reached out to London colleague and he hasn’t responded in 24hrs+. Can’t be a good sign.
It's across ISG today. It's started, including analysts.
Any VPs or EDs in Comms, Tech etc?
Yes from A1 to ED
Which team specifically at ED level and how many?
Bump
Only bottom bucket got canned
Any news?
See litquidity’s story
70 IB staff cut in Eur
First hand insights, layoffs in tech were a bloodbath, media & comm also hit badly, and in transpo 3 juniors
Doesn’t sound like many per team, were the ones who were let go from your group mainly under performers?
3 juniors from transpo is not immaterial imo
which office?
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