Morgan Stanley Layoffs Coming 2024. Layoffs could be coming to morgan stanley’s crucial wealth management business — a prudent step to improving the bank’s overall cost structure amid uncertainty over federal. Investment banking giant morgan stanley is planning to cut hundreds of jobs in its wealth management unit, according to a person familiar with the matter, the latest in a string of layoffs.

We continue to expect three rate cuts in 2024,. Some of the cuts will come from capital markets teams in hong kong and mainland china,.