Type
Internal restructuring
Country
World
Region
Location of affected unit(s)
Sector
Financial Services
Activities Auxiliary To Financial Services And Insurance Activities
Activities Auxiliary To Financial Services And Insurance Activities
66 - Activities auxiliary to financial services and insurance activities

4,400 jobs
Number of planned job losses
Job loss
Announcement Date
11 November 2008
Employment effect (start)
Foreseen end date

Description

Morgan Stanley, a global financial services firm with more than 600 offices in 35 countries, has announced 4,400 job cuts to be implemented in the near future due to the global financial crisis. As of November 2008, there is no information either about the number employed or when the job losses will be implemented by.


Sources

  • 11 November 2008: Hospodárske noviny

Citation

Eurofound (2008), Morgan Stanley, Internal restructuring in World, factsheet number 67412, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/67412.