Morgan Stanley

Finance
United States2 layoff rounds tracked
4,000

Total Jobs Cut

March 2026

Most Recent

2,500

Largest Single Layoff

No

AI Cited

Layoff Timeline

March 2026

2,500 jobs cut(3% of workforce)

Reason: Workforce optimization and cost reduction

Source: Intellizence

September 2025

1,500 jobs cut

Reason: Cutting jobs ahead of 2026 rolling layoff approach

Source: eFinancialCareers

About Finance Layoffs

69,762

Total industry layoffs

35%

AI-cited events

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Other Finance Layoffs

Citigroup

1 round

20,000 jobs
UBS

1 round

14,000 jobs
HSBC

1 round

4,000 jobs
Deutsche Bank

1 round

3,500 jobs
UBS

1 round

3,000 jobs

Sources

Intellizence

Workforce optimization and cost reduction

eFinancialCareers

Cutting jobs ahead of 2026 rolling layoff approach

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