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alstry (< 20)

5% More Going Going Gone!!!!



May 05, 2008 – Comments (1)

Has anyone noticed layoffs are now being announced as a percentage of total workforce?????


Morgan Stanley to Reduce Headcount by 5% in Rest of Fiscal 2008

By Christine Harper

May 5 (Bloomberg) -- Morgan Stanley, the second-biggest U.S. securities firm, plans to reduce its headcount by 5 percent during the rest of fiscal 2008.

The job cuts were confirmed by Mark Lake, a spokesman for the New York-based company. Morgan Stanley had about 48,000 employees as of the end of November.

1 Comments – Post Your Own

#1) On May 05, 2008 at 3:09 PM, FleaBagger (27.46) wrote:


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