MS Layoff Wave Next Week

As MS has tanked brutally deal-flow wise YTD, heard from some of my VP/D level friends at BBs that a decent (but not outsized) chunk of MS is going to be on the chopping block next week, likely Tuesday. Curious to see if the majority of the heads rolling will be DEI deadweights or the fratty 6'3 UVA lax stars.

14 Comments
 

I thought we’d made it past the nadir and the deal flow has been picking up? Last quarter performance topped estimates. Doesn’t make sense, unless management thinks the situation will get worse in the upcoming quarters 

 
golden_snub

I thought we’d made it past the nadir and the deal flow has been picking up? Last quarter performance topped estimates. Doesn’t make sense, unless management thinks the situation will get worse in the upcoming quarters 

He's a troll account

 

What countries are included? Suprised since I know many vps left this year. Even many analysts and associates exited in q1.

 

Your clairvoyance might not be wrong. I have nary an inkling that the firm would follow with inauspicious cuts

 

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