According to Dealbreaker cuts have been going down this morning at the House of Gorman.
Apparently “a lot” of people were axed today at Morgan Stanley, with cuts occurring “across the board, not just bad FAs, as was previously assumed. Fixed income and equity areas have gotten the boot as well.”
That’s all we know at this time; if you have anything else to add, let us know ASAP,
http://dealbreaker.com/2011/06/layoffs-watch-11-morgan-stanley-2/#more-43689
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