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Amazon could cut 14,000 managers soon and save $3 billion a year, according to Morgan Stanley

Amazon CEO Andy Jassy wants to cut the ratio of managers to individual contributors. That's a stron…

Eugene Kim   


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Morgan Stanley CEO James Gorman gives clues on succession timing and layoffs

Morgan Stanley CEO James Gorman gave details on how he thinks about succession timing and why it's …

Jeffrey Cane   


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Goldman Sachs expected to start one of the biggest rounds of redundancies in its history

Goldman Sachs is expected to start one of the biggest rounds of redundancies in its history this we…

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India on track to become third-largest economy by 2030: Morgan Stanley

The four global trends -- demographics, digitalization, decarbonization and deglobalization are fav…

ANI   


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Microsoft joins hands with MSDE, CBC to train 2.5 mn civil servants in India

Tech giant Microsoft on Wednesday partnered with the Union Ministry of Skill Development and Entrep…

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Morgan Stanley rolls out ‘Returning to Work’ programme for those who are thinking to re-launch their career after a break

US-based investment banking and financial services company Morgan Stanley has launched a special ‘R…

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Zendesk lays off 320 employees; 8% of workforce

Software-as-a-service (SaaS) platform Zendesk has announced to lay off 8 per cent of its workforce,…

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Morgan Stanley plans to block unvaccinated employees and guests from entering its New York offices

The policy will go into effect on July 12 and follows the bank implementing "vaccine-only" work are…

Tyler Sonnemaker   


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Investors may be over preparing for rising inflation while a 'transitory tantrum' looms, Morgan Stanley says

A 'transitory tantrum', if inflation is lower than expected, would prompt a sell-off in securities …

Carla Mozée   


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Indian workforce smaller than pre-pandemic days, but quality of jobs better

Salaried jobs, which are amongst the more well-paying jobs, are the silver lining in an otherwise d…

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Latest managerial job vacancies at P&G, Amazon, Unacademy, Morgan Stanley, American Express, and other companies

Location: Gurugram Location: Bengaluru Location: Bengaluru Location: Mumbai …

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Amazon's price target cut by Morgan Stanley as the bank sees hiring pressure building and wage costs surging

Morgan Stanley still sees upside for Amazon's stock price as it keeps its overweight rating on the …

Carla Mozée   


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A maximum of 50% of the workforce could be back in the office this summer, but another wave could hit this fall, Morgan Stanley says

As Business Insider's Blake Dodge reported, Morgan Stanley recently tripled its projected coronavir…

Libertina Brandt,Bryan Pietsch   


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Morgan Stanley is all set to fire a huge chunk of its workforce

The workforce reduction will be across all regions and is set to take place in the next two weeks, …

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Morgan Stanley has promoted 130 new managing directors for its 2020 class

A smaller MD class wasn't unexpected, given the bank recent cost-cutting measures. The firm announc…

Alex Morrell   


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Morgan Stanley's No. 2 exec Colm Kelleher is retiring

Kelleher, 61, will continue to serve as a senior adviser, according to a memo to staff on Thursday …

Dakin Campbell   


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Morgan Stanley is cutting 1,500 jobs. Expect more as banks cull before bonus season.

People familiar with the matter told CNBC that the cuts will largely hit technology and operations,…

Yusuf Khan   


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Out of 1,548 Goldman Sachs US executives, 49 are Black

The 49 Black execs at Goldman Sachs made up 3.2% of all executive leaders at the company, which was…

Kate Duffy   


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MORGAN STANLEY: 'Piketty is history'

Piketty is history, not the ineluctable future. If these global demographic trends, as we argue bel…

Mike Bird   


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Morgan Stanley posted a big rebound in a business it once left for dead

Ted Pick, Morgan Stanley's head of sales and trading, said in early 2016 that the decision to right…

Frank Chaparro