Morgan Stanley Cuts 2,500 Jobs Amid Strategic Workforce Adjustments Despite Record 2025 Revenue

Morgan Stanley has reportedly cut approximately 2,500 jobs, about 3% of its global workforce of nearly 83,000, across its investment banking, trading, wealth management, and investment management divisions. Financial advisors remain unaffected. The layoffs, linked to strategic workforce adjustments and individual performance, come despite the bank's record revenue and strong 2025 financial results. The reductions span multiple countries and reflect broader industry trends amid evolving business priorities and increased AI adoption.