Wednesday, March 22, 2006

Morgan Stanley to Cut Research Jobs in U.S. & Europe

Morgan Stanley to Cut Research Jobs in U.S. & Europe

Morgan Stanley, the third-biggest U.S. securities firm by market value, will cut about 50 to 60 equity research jobs in Europe and the U.S. so it can spend more money on emerging market research, said two people who've seen a memo sent to staff today outlining the plans.

Full Story
http://quote.bloomberg.com/apps/news?pid=10000103&sid=a7Hrg_15mrAs&refer=news_index

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