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: Morgan Stanley reportedly plans to lay off thousands more

Investment bank Morgan Stanley is preparing for a new round of layoffs, according to a new report. Read More...

Investment bank Morgan Stanley is preparing for a new round of layoffs, according to a new report.

Bloomberg News reported Monday that plans are being discussed to cut about 3,000 jobs worldwide by the end of the quarter, or about 5% of its workforce, excluding financial advisers and their support personnel.

The banking and trading group is…

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