Contractual employees are there for just this. It’s not layoff for them, just contract termination. Unless they get laid off from their consultant company. Same happened here in the start. Anyway, how were the 18 folks laid off determined ? Perf. Score?

No idea. They are told that it’s a business decision that’s it

Technical Lead

Software Engineer

Technology department and Prod support etc

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

Morgan Stanley layoffs- Grapevine

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

Morgan Stanley 3000 cuts Q2

Test Engineer

Welcome to Software Engineers's Private Community

I heard Morgan Stanley is laying off in India

Morgan Stanley layoff

Product Manager

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?

Analytics Manager

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

Morgan Stanley Layoff

Business Analyst

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?

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

Any news on MoEngage layoffs?

Senior Consultant

It was a pretty tense situation at the office. 

Nearly all engineering managers were laid off, most of the SDE-2s who were not the core engineering team and a lot of SDE-1s who had just joined this year. Even the interns were let go today.

Pretty scary scenario today. Just putting out an update. Apparently it was done to please the investors for the next series of funding. Can't say for sure though.

CityMall conducted layoffs today.

DevOps Engineer

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

Goldman Sachs laying off a big chunk of their workforce, about 4000!

Layoffs

Expedia is set to layoff 1500 employees. Everybody is just laying off people giving any bullshit reason

https://officepulse.live/expedia-trims-workforce-in-restructuring-push

https://economictimes.indiatimes.com/tech/technology/expedia-to-cut-about-1500-jobs-globally-amid-moderating-travel-demand/articleshow/108026228.cms

Expedia layoff

Hats off to that grapevine Samaritan who mentioned to hold whatever job you have as things will only get worse this year.

Recruiter

Software Architect

There was some call around 9 AM today, some folks are laid off. Didn't know the % yet.

Meesho started layoffs !!!!

Software Developer

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

Citi layoff 7000

Recently, the majority of people at managerial positions were let go. Even the top performers at different levels were asked to leave, just before the appraisals are about to happen.

S&P Global layoffs

Is there any recent layoff at Simpl
Seeing many people posting for open to work

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