Layoffs Watch ’19: Morgan Stanley’s Got Some Bad News

Jim Gorman doesn’t need to let anyone go this holiday season. Morgan Stanley’s still No. 1 in trading. It bested estimates in the third quarter. Shares are up 25% this year.In spite of all that, Gorman feels uneasy. Brexit, Trump, macroeconomic concerns, a general malaise, a certain sense of ennui. Jim Gorman doesn’t know that…

Layoffs Watch ’19: Morgan Stanley’s Got Some Bad News

Jim Gorman doesn’t need to let anyone go this holiday season. Morgan Stanley’s still No. 1 in trading. It bested estimates in the third quarter. Shares are up 25% this year.In spite of all that, Gorman feels uneasy. Brexit, Trump, macroeconomic concerns, a general malaise, a certain sense of ennui. Jim Gorman doesn’t know that any of t
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