Analytics Manager

Software Developer

Idk about this but banks anyway do layoffs internally for low performers

Software Engineer

Saw this article https://m.economictimes.com/news/international/business/morganstanleyplansmorejobcutsusmedia/amparticleshow/99919947.cms

Saw this article https://m.economictimes.com/news/international/business/morgan-stanley-plans-more-job-cuts-us-media/amp_articleshow/99919947.cms

Is Morgan stanley laying off?

Is Morgan stanley laying off?- Grapevine

Not sure if true, heard from my contact Morgan Stanley (MS) will be laying off 3K employees? Not sure if this is from a global count or specific region? Can someone confirm please?

Welcome to Software Engineers's Private Community

I heard Morgan Stanley is laying off in India

Morgan Stanley layoff

Product Manager

Will be done by end of June. Insider folks. Do you have any news?

Morgan Stanley 3000 cuts Q2

Test Engineer

Is this big layoff or only HR team has been impacted?
If anyone can comment.

Morgan Stanley Layoff

Business Analyst

I don’t know if you folks even consider Morgan Stanley in your list, but they laid off almost all contract employees and in team of 40 odd folks, they laid off 18 of them.

Morgan Stanley layoffs

Technical Lead

From the last few days there were talks going on about layoffs in Morgan Stanley. Some 7% of the global staff will be handed over the pink slip in this week. 
Well... It started happening from today ... Few colleagues from my department were laid, and the reason being "company is trying to survive in the market, company is planning the road ahead by taking such bold steps".
When this was announced, my anxiety shot up the next level and I couldn't wait for the meeting to finish.
The past few years have not been great for the business worldwide due to which many companies are forced to take such steps. These companies just have been doing a hiring spree from the last 1-2 years that now they are regretting their decisions and letting off their employees.
My question is - "If a company hires excessively during the bull market and is forced to lay off few of the employees during the downturn, has the company made an error by not evaluating the headcount or it was just simply the need of the hour" 
 
Please note - I know many people out there who have faced job cuts due to many factors, sincerely requesting people to take this matter very seriously

Layoffs - A complete mess made by the companies

Analyst

Welcome to News Discussion's Private Community

From the last few days there were talks going on about layoffs in Morgan Stanley. Some 7% of the global staff will be handed over the pink slip in this week. 
Well... It started happening from today ... Few colleagues from my department were laid, and the reason being "company is trying to survive in the market, company is planning the road ahead by taking such bold steps".
When this was announced, my anxiety shot up the next level and I couldn't wait for the meeting to finish.
The past few years have not been great for the business worldwide due to which many companies are forced to take such steps. These companies just have been doing a hiring spree from the last 1-2 years that now they are regretting their decisions and letting off their employees.
My question is - "If a company hires excessively during the bull market and is forced to lay off few of the employees during the downturn, has the company made an error by not evaluating the headcount or it was just simply the need of the hour" 
 
Please note - I know many people out there who have faced job cuts due to many factors, sincerely requesting people to take this matter very seriously

https://www.reddit.com/r/FinancialCareers/s/Mgw1iOMZwh

Citi layoff 7000

News of jpmc doing layoffs after Morgan Stanley last week is out.
Wanted to know if any teams, departments or employees in India, Mumbai and Bangalore are affected?
If anyone has any info, please share.

Any updates about jpmc layoffs in India?

Equity Research

https://m-economictimes-com.cdn.ampproject.org/v/s/m.economictimes.com/tech/technology/accenture-to-cut-19000-jobs-trims-forecasts/amp_articleshow/98943110.cms?amp_js_v=0.1#webview=1&cap=swipe

Accenture Layoff

Business Development Manager

Apparently a huge Goldman Sachs layoff is about to come soon. 

The company has taken a huge cost reduction target 

https://www.dailymail.co.uk/news/article-11581161/Goldman-Sachs-CEO-David-Solomon-warns-mass-layoffs-just-weeks-away.html

Layoffs may hit finance soon

Product Marketing Manager

Guys, heard anything about meta layoffs in India? A WSJ report today said that Meta will start its layoff drive globally this week 😐

Meta layoffs

Founder

Saw this Twitter post:

https://twitter.com/Ravisutanjani/status/1622503958140043264?t=Fc6YK2Ri8AooH2ZxdsP_SQ&s=19

Is DELL laying off too??

System Engineer

Goldman Sachs plans fresh round of job cuts, to dismiss underperformers by next month.

Goldman Sachs planning of job cuts.

Project Coordinator

Google's parent company Alphabet has announced about 12,000 job cuts globally on Friday.

Google parent company Alphabet announces nearly 12,000 job cuts worldwide

More layoffs in the US

Customer Experience

Welcome to Personal Finance's Private Community

They've hired Boston Consulting Group to help them carry out their plan. The plan is to cut atleast 10% in major units. The project is termed Project Bora Bora. 

They will be eliminating regional managers, co-heads and other employees with overlapping responsibilities.

Chief of staffs and chief administrative officers will be cut this month. Operations staff who aided divisions that have been divested or reorganized are also at higher risk of layoffs.

Citi Bank is reportedly going to cut 24,000 jobs worldwide

The Consultant life is all about chilling and billing. You chill and then you bill for the chaos

DevOps Engineer

McKinsey Layoff

Big layoff coming in EY GDS. People on bench has been hinted in today's townhall. 
Lot of people are on bench in EY GDS for many many months. Till December they were telling EY is recession proof, now all of sudden that only people on engagements need not to be worried.

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