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flag Morgan Stanley cuts 2,500 jobs in strategic shift, despite record 2025 profits.

flag Morgan Stanley is cutting about 2,500 jobs—3% of its global workforce of 82,992—across its Institutional Securities, Wealth Management, and Investment Management divisions, beginning in early March. flag The layoffs, not tied to AI, stem from strategic realignment, a revised global office strategy, and performance reviews, affecting both front- and back-office roles, though financial advisors are exempt. flag The move follows a similar 2,000-job reduction in 2025 and comes despite record 2025 revenues of $70.6 billion and a 47% surge in investment banking revenue driven by M&A and debt underwriting. flag The firm plans to hire in other areas amid broader U.S. corporate restructuring trends.

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