Morgan Stanley Making ’Modest’ Job Cuts; CEO ’Wouldn’t Bet Against’ Musk NEW YORK—Morgan Stanley is making modest job cuts worldwide, Chief Executive Officer James Gorman said on Thursday, as sluggish deal markets weigh on Wall Street profits. ”Some people are going to be let go,” Gorman said at the Reuters NEXT conference, without specifying numbers. ”We’re making some modest cuts all over the globe. In most [...]
Author: Reuters
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