Morgan Stanley AI layoff details
Explicit AI citedreputable_reporting
Reported layoffs: 2,000
Industry: Finance · Geography: United States
Morgan Stanley planned to cut about 2,000 jobs, with Bloomberg reporting that a small but growing share of the reductions was tied to AI and automation replacing roles.
Some employees impacted by the layoffs will be let go because AI and automation have replaced their roles within the bank.
Bloomberg-reported layoff event as summarized by Entrepreneur and others; broader cost/attrition factors were also cited, but AI linkage was explicit for part of the reduction.
Sources
- Entrepreneur summarizing Bloomberg, 2025-03-19