Morgan Stanley Cutting 2,500 Jobs Across All Divisions in 2026
What’s Happening at Morgan Stanley?
Morgan Stanley is eliminating approximately 2,500 jobs, or around 3% of its workforce, as part of a restructuring.
The staffing reduction reportedly affects the bank’s 3 major divisions: investment banking and trading, wealth management, and investment management.
It remains unclear if any Canadian employees are affected.
Source
The latest workforce reduction at Morgan Stanley was covered by various news outlets, including The Wall Street Journal.
More Morgan Stanley Layoff Coverage
For a full overview of Morgan Stanley layoffs and the rights that non-unionized employees in Canada have in this situation, see our Morgan Stanley Layoffs & Severance Guide.
Disclaimer: The materials above are provided as general information about the rights of non-unionized employees in Canada. It is not specific to any one company and SHOULD NOT be read as suggesting any improper conduct on the part of any specific employer, or a relationship between Samfiru Tumarkin LLP and a specific employer.
About the Author
Lior Samfiru
Lior Samfiru is a Founding Partner at Samfiru Tumarkin LLP and the Practice Leader of the firm’s Labour & Employment Law Group. Known for his advocacy and success representing both employees and employers, Lior exclusively serves clients in Ontario, where his extensive experience has made him one of Canada’s most sought-after employment lawyers.
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