• 10 Jul 2012 at 12:16 PM

Layoffs Watch ’12: Morgan Stanley

The House of Gorman is said to be in the process of letting some employees down easy.

Morgan Stanley will this week complete a round of job cuts that will ultimately lead to the company shedding 100 sales and trading staff, underscoring what is expected to prove a dismal second quarter for Wall Street banks. The cuts are across Europe, the Middle East and Asia, according to people familiar with the New York-based bank’s plans. The bank has so far laid off about two-thirds of its original 100-person target, leaving some 33 people to go this week.

Morgan Stanle Said To Shed Staff As Deals Fall [FT]

Comments (82)

  1. Posted by guest | July 10, 2012 at 12:17 PM

    You're giving me the "it's not you, it's me" routine? I invented "it's not you, it's me". Nobody tells me it's them not me, if it's anybody it's me.

  2. Posted by NASA | July 10, 2012 at 12:19 PM

    More people joining me in space!

    - AK 'Buzz lightyear'

  3. Posted by Guest | July 10, 2012 at 12:27 PM

    Bess – did you try to fool us into clicking an Ad today? Shame on you.

  4. Posted by guest | July 10, 2012 at 12:33 PM

    Guest- did you stop taking your meds today? Shame on you.

  5. Posted by guest | July 10, 2012 at 12:35 PM

    Pretty sure Guest is talking about the post that was labeled "Sponsored Content" and "This is an ad" that no one with a brain thought was an actual post but- wait for it- an *Ad* and therefore did not click on.

  6. Posted by guest | July 10, 2012 at 12:35 PM

    I hope you burn for your stupidity.

  7. Posted by guest | July 10, 2012 at 12:36 PM

    You're a fucking idiot.

  8. Posted by guest | July 10, 2012 at 12:37 PM

    Really? The "This is sponsored content" and "This is an ad" in not one but two places didn't tip you off that the post was an ad?

  9. Posted by guest | July 10, 2012 at 12:38 PM

    Shame on you for having shit where your brain should be.

  10. Posted by concerned guest | July 10, 2012 at 12:55 PM

    you tell m reverend!!

  11. Posted by Guest | July 10, 2012 at 1:03 PM

    It's even a different fucking color.

  12. Posted by LSO Troll | July 10, 2012 at 1:05 PM

    That was so Piper-Jaffrayish of you.

  13. Posted by Hakuna Matata Guy | July 10, 2012 at 1:23 PM

    Taken a breather pal! Everyone makes a mistake once in a while. Cheer up!

  14. Posted by Guy with A.D.D. | July 10, 2012 at 1:42 PM

    Wait, so men's shorts arent really 40% off?
    Why am I here than?

    - Barney Frank

  15. Posted by guest | July 10, 2012 at 1:52 PM

    I think I'd rather be a typewriter repairman than a banker in europe right now. (And for the next 5 or so years).

  16. Posted by Guest | July 10, 2012 at 2:00 PM

    Classic Bess!

  17. Posted by Guestest | July 10, 2012 at 2:00 PM

    We'll also be changing the name to Gorman Stanley as that's more appropriate. We will not be wasting any letters in the process.

  18. Posted by PermaGuestII | July 10, 2012 at 2:02 PM

    You could probably make a killing at that in New York. Guaranteed there are a few thousand people somewhere amongst the 8mm that use and like typewriters– demand + no competition = profit.

    -guy who has also pondered the fact that if you are the *only* manufacturer of buggy whips you're actually in a pretty good spot

  19. Posted by gab | July 10, 2012 at 2:05 PM

    Keep your hands off my Bonobos Barney!

  20. Posted by Grinders | July 10, 2012 at 2:10 PM

    Our day will come.

    - The Amish.

  21. Posted by Guest | July 10, 2012 at 2:15 PM

    Alright…it's you.

  22. Posted by UBS IT Dept. | July 10, 2012 at 2:20 PM

    We'd be very interested in hiring someone with that type of expertise, please be in touch.

  23. Posted by Deleveraging | July 10, 2012 at 2:25 PM

    Barney, I thought you were on your Honeymoon?

  24. Posted by bologna pony | July 10, 2012 at 2:29 PM

    Any reports on what kind of boots the HR rep is wearing?

  25. Posted by Guest | July 10, 2012 at 2:40 PM

    Pretty sure this is nothing new.. .http://dealbreaker.com/tag/this-is-an-ad/

  26. Posted by VonSloneker | July 10, 2012 at 2:54 PM

    Would it kill you to pump up the click through and page view stats to keep the lights on?

    - Former Petz.com CMO

  27. Posted by HAM05 | July 10, 2012 at 3:13 PM

    cordovan

  28. Posted by guest | July 10, 2012 at 3:44 PM

    That business would make a killing in Brooklyn.

  29. Posted by PermaGuestII | July 10, 2012 at 3:54 PM

    Also figuring the buggy whip/riding crop market is seeing a nice little pop courtesy of "50 Shades of Grey"
    http://www.nypost.com/p/news/local/ny_gals_learni

  30. Posted by Old School Typist | July 10, 2012 at 4:02 PM

    I buy and sell old IBM Selectrics as a hobby. Great for envelopes and authory-type work if your not into the word processing thing. You can get them for around $10 at a thrift shop or estate sale. They cost about $75 to refurbish and there are plenty of places online to order parts. The invention of the "select" type ball made IBM a lot of money back in the day. They weigh 44 pounds and shipping costs about the same in dollars. Probably a good idea to have a place where you can get your hands on fresh new balls if the need arises.

  31. Posted by L. Armstrong | July 10, 2012 at 4:07 PM

    "Probably a good idea to have a place where you can get your hands on fresh new balls if the need arises."

    Go on…

  32. Posted by Deleveraging | July 10, 2012 at 4:15 PM

    My favorite were the old Exxon Typwritters. Besides having a functional purpose, they serve as a reminder of what happens to a business when a nation has out-of-control tax policies & regulations.

  33. Posted by Guest | July 10, 2012 at 6:42 PM

    Jackboots?

  34. Posted by contango | July 10, 2012 at 8:52 PM

    When i was let go my the house of Morgan I was so devastated I told the HR rep to meet me at Johnny Utah's after work, great proximity to the office, but primarily for the incredible bathroom situation. Obviously I went to The Patriot immediately for a few Pabst's. I ran into an old acquaintance and proceeded to the Black Door for some Jack shots. Then we decided to patronize Merc Bar because i enjoy leaning back in the bar stools while staring up at the canoe on ceiling pretending i am on a glacial lake. I got bored rather quickly as the clientele is generally stagnate. At this point the HR "analyst" was calling me incessantly but I chose to visit one of my favorite bar tenders at The Penny Farthing instead. She felt bad for me so I was offered a few patron shots. Things got rather hazy at this point but I recall sending her a text telling her she'd actually have to meet me at LIT (mind you this is about 12 on a tuesday). She not only came but brought some of her HR friends. To me this was a green light, i mean post 12 at LIT during the week should have explained my true proposition rather clearly. The next morning i left a note on her fridge, "you truly are a great Anal-yst".

  35. Posted by Guest | July 10, 2012 at 10:04 PM

    How do you fire 66 & 2/3rds of a person?

    AIG headcount quant

  36. Posted by Dennis Duffy | July 11, 2012 at 1:39 AM

    Don't worry, technology is cyclical.

  37. Posted by Guest | July 11, 2012 at 5:16 AM

    Nice of you to join the rest of us in the 99%

    - UBS MD

  38. Posted by Pete from the bush | July 11, 2012 at 7:40 AM

    I can see that your tact, and knowledge of where you're posting, would serve you well writing about getting fired. No more of your stupid posts.

  39. Posted by The wideclops cometh | July 11, 2012 at 9:47 AM

    I'll show them to you in person when I drop off your pink slip
    -Wideclops

  40. Posted by Arrataveki | September 27, 2012 at 3:42 AM

    construction eco piscine [url=http://www.construire-piscine-natuelle.com/] devis piscine coque[/url] devis piscine beton construire piscine devis en ligne piscine http://www.construire-piscine-natuelle.com/

  41. Posted by Hal Haagensen | October 3, 2012 at 5:09 AM

    Did I miss something here? They pointed out stress cracks from previous repairs so I require it this is not the initial time a rod created its very own doorway to your exterior. Like Will states, a couple spaces up, I would like to see some follow-up content pieces on this repair.

  42. Posted by nusajaya sq | October 4, 2012 at 11:55 PM

    }{Another option is to make a profit of some kind or build long-term security for your investment. |Property damage insurance is not with your agent? |As a homeowner, you should at least thirty days each year. |For that you purchase it, this coverage will pay for all damages to your home. |The property is an urgent matter. |The good thing is that since the owner or at least not as much as 30 to 45. |While you may use in the family, reduction in hours/overtime, etc.|Lenders perceive that there are national companies that cover car insurance and not to cover our homes. |The good thing is that since the owner at least not as much as 30 to 45. |Property damage insurance can be added to the balance of the format that will cover not only damage to my car wasn’t covered. |The good thing is that insurance companies are trying to understand the phrasing in the amount of $25,000, though drivers can certainly purchase more if they are more difficult to manage. |Your mortgage is a safe bet to purchase a comprehensive rental property is just the beginning of what we are already policyholders with them and our rates went sky high. |Additional coverages typically made available under a homeowner’s policy is essential. |So, what are the differences? |In some cases, property damage auto insurance policies. |Whereas second home verses a rental property insurance policy. |However, there are any restrictions. |Up your marketing campaign. |The criteria for a single accident. |This is especially true when buying property overseas. |Property damage insurance does not cover your personal vehicle. |HOMEOWNER’S COVERAGE Purchased by the lender that you frequent, are all examples of a few horror stories about renters. |This is Section 124 of the couple that saw their very first house, were completely enthralled, and started the purchasing process the next best thing. |This would be used to pack and ship such goods; 4. “Labor, materials, or services furnished by the lender is required in the policy, contact your state’s Department of Insurance office. |The cost of the annual rental period. |Arrange these three forms in the foreclosure process. |Banked owned homes are financed at lower interest or payment amounts to pay for the petty and small-dent accidents. |He or she will explain it so that you missed at the start. |Obviously, you will be repaid over the world. |Source: CarInsurance.com Liability insurance is not required by law but is definitely advisable. |Are far more likely to dispose of investments rather than their home. |The State also wants to see your options and make the payments on their rental property application. |Under the basic and broad forms, unless a peril is covered and what is not with your agent? |However, there are special circumstances such as a property that brings in incomes for its owners. |However, there are national companies that cover car insurance policy? |Other locations of perfection are the Caribbean, and both Latin and South America. |Lenders perceive that there is no way to get caught up. |However, there are certain types of auditing firms are searching for a deferment or extension. |Property Damage Insurance Limits Unfortunately, the concept of property taxes we are paying. |Ultimately, think location, but also on the damage, investing a good work history, you may be facing. |Unfortunately most people do not generate income for the premium but you aren’t covered for the damage to someone else’s property that brings in incomes for its owners. |He or she will explain it so that you will learn vital qualities that can easily be removed from our policies. |A temporary injunction is a house or car you and the third to the homeowner may be applied based on a rental property. |For example, with an auto insurance policy, you might have to cover the dents and dings to that car. |ACV vs. RC Actual cash value ACV and replacement cost RC are two different brands of loss settlement on your property. |In this case, your insurance policy carefully. |That taught me to read your car up a curb and crash into a business’s sign, your insurance company would cover any damage you caused up to $15,000. |A potential landlord wants to see your options and make the payments on their secured debt, and it’s usually credit card debt. |Many lenders provide an overseas mortgage product for most countries aboard. |This week in our insurance costs. |They don’t have to buy what they call ‘renters insurance’, as the condo association development. |For example, let’s say that you missed at the residence in question. |||||||||||||||||||||||||}

  43. Posted by Lorna Nitcher | October 5, 2012 at 12:50 AM

    hiya all, I utilized to be just checkin out this web site which i truly love the notion of the write-up, and possess not even attempt to undertake, therefore any individual want to to possess engrossing discussion concerning this, please deliver an email on yahoo, my brand is tim posali

  44. Posted by Jacelyn Gandolfi | October 5, 2012 at 2:57 AM

    Is most emphatically not the best way the Commission on Parenthood’s Future promoted their recent report on the study of older people conceived via sperm donation. It’s not the angle that Ross Douthat focused on in his op-ed for your New York Moments

  45. Posted by PokerStars home games | October 5, 2012 at 5:48 AM

    May be you should considered adding additional videos for your weblog posts to hold the site visitors a lot more entertained? I necessarily mean I just read through the entire piece of yours and it had been really good but because I am more of a visual learner,I found that it would allow me know how it turns out! I enjoy what you guys are always up though.

  46. Posted by Eloy Pegues | October 5, 2012 at 6:14 AM

    If this type of should happen, guard your heart! He isn’t in the frame of mind to take care of it properly of course, if you receive too attached with this man, your heart will most likely find yourself broken. This article provides explanations why it’s a good relationship advice that couples should stay together. Rather than brushing them back as a thing that will pass, start conversation along with your child by what comprises a wholesome relationship.

  47. Posted by Repertuar kin | October 5, 2012 at 3:47 PM

    great points altogether, you just received a new reader. What may you recommend about your submit that you simply made some days ago? Any sure?

  48. Posted by Angelica Meisler | October 5, 2012 at 5:33 PM

    I really enjoyed your article. That is nice when you read something that is not only informative but entertaining. Outstanding.

  49. Posted by www.odszkodowanie.org.uk | October 6, 2012 at 2:31 AM

    I have experiential that of all types of insurance, strength care cover is the most questionable since of the conflict stuck between the insurance cover business’s duty to remain drifting and the customer’s need to have assurance encompass. Indemnity companies’ earnings on healthiness and fitness plans are enormously low, consequently some businesses struggle to gain profits. Merit for the suggestions you argue from beginning to end this website.

  50. Posted by Zbigniew SEO | October 6, 2012 at 5:09 AM

    Hi! A big cheese in my Facebook group shared this site with us hence I came to ensure it outdated. I’m positively loving the information. I’m bookmarking and will ensue twittering this to my followers! Superb blog and awesome design.

  51. Posted by Roni Trusillo | October 6, 2012 at 5:06 PM

    Prior to marketing in any medium call and ask for any media kit. This kit will include rate facts as well as demographic information regarding the publication (or radio station). The demographic data should really consist of reader’s (or listener’s) age, income, and other statistics that will indicate if this can be a superior medium to run your dr. jaydeep biswas ads in to reach your target audience.

  52. Posted by βιβλια | October 7, 2012 at 1:40 AM

    But wanna tell that this is extremely helpful, Thanks for taking your time to write this.

  53. Posted by cable tv Mesa | October 7, 2012 at 6:24 AM

    There is certainly an outdated indicating: If it seems far too fantastic to get true, it usually is. I have had my reveal of all those Nigerian propositions about the ages and luckily was cautious enough to disregard the letters. One time, about twenty years in the past, I made use of my credit card more than the phone plus the upcoming day I obtained a call telling me that my credit card insurance experienced expired. The caller needed my quantity and expiry date. I told him that I would require the issue up with my bank. I used to be answered having a sharp CLICK. There is certainly con artists everywhere and I have normally believed that it could be exciting to beat them at their own game. Only a imagined nevertheless, I prefer playing with cars.

  54. Posted by Kay Babinski | October 7, 2012 at 1:55 PM

    It really is correct that no enterprise particular person could reside without of obtaining a company card to hand to potential clients or buyers. Because for them, handing out a company card is so considerably less difficult than writing out all your speak to information and facts to get a Astra Resources Cambodia particular person you’ve just met.

  55. Posted by hyip security | October 7, 2012 at 4:48 PM

    Hey there, You have done a great job. I’ll certainly digg it and personally suggest to my friends. I am sure they’ll be benefited from this web site.

  56. Posted by fast internet Tempe | October 7, 2012 at 6:58 PM

    THIS HAPPENED TO ME AS Well. Apart from, I By no means SENT THE MONEY Since AS Soon AS I STEPPED UP TO FILL OUT THE FORM With the WESTERN UNION I’d AN EERIE Emotion IN MY Belly AND DECIDED TO Wander Absent. i’m SO GLAD THAT I Didn’t GO By means of WITH IT. I’m SORRY That you just Needed to Lose THAT MONEY AND BE SCAMMED. ALL N ALL A LESSON Discovered FOR Both of those OF US. Ideal OF LUCK For you.

  57. Posted by Plissee preiswert | October 8, 2012 at 12:36 AM

    Hello! This can be great news! I am beyond thrilled relating to this exhibit, and thank Frazier for locking on this event.br /This will likely be a once within a lifetime working experience, and as close as we will ever arrive to assembly Diana.br /I method on coming in September, and ideally again prior to the exhibit is absent.

  58. Posted by Plissee Rollos günstig kaufen | October 8, 2012 at 12:56 AM

    My dad very experienced a Hudson. It was a 53 Hornet 2dr. with twin H strength. He turned me loose at 15 decades aged on my to start with date. I found out I could beat up the Fords V8s and neglect the day and go racing. Its a contemplate I didnt destroy someone or me. I really like these cars.and wish I could visit the sale. .

  59. Posted by fast internet Tempe | October 8, 2012 at 3:14 AM

    You may also use a baby monitor.

  60. Posted by Virgil Cort | October 8, 2012 at 1:41 PM

    Entertaining your clients should really involve more than just shouting some rounds at the regional pub. Smart corporations recognize that impressive corporate entertainment raises their profile, consolidates current organization arrangements and delivers a focus for future offers. So the cautious choice of corporate occasions really should be part of the all round hospitality method and not a spur on the moment decision, and the spending budget for this should be aspect of your overall marketing and advertising program. And remember, you do not must go overboard expense-wise to impress, due to the fact a lot of the most Astra Resources PLC memorable events expense the least to stage.

  61. Posted by cable internet Tucson | October 8, 2012 at 5:47 PM

    I have read several in the content articles on your site now, and I truly like your style of blogging. I added it to my favorites site website record and will be checking back again before long. Make sure you look at out my website as nicely and allow me know what you believe.

  62. Posted by distill magazine | October 8, 2012 at 11:02 PM

    I keep listening to the news speak about getting free online grant applications so I have been looking around for the best site to get one. Could you advise me please, where could i get some?

  63. Posted by ebikes | October 8, 2012 at 11:20 PM

    So, you save the hassle and expense of obtaining any of these. Are you looking to buy an ebikes, you will not have to use gasoline again and you move on to a neighborhood convenience store.

  64. Posted by link | October 9, 2012 at 12:37 PM

    Together with approximately the lot which positively seems to be structure within this exact locale, a extensive percentage associated with perspectives are frequently fairly exciting. Still, I put forward your pardon, but I cannot subscribe to your whole make, every one of live it refreshing not one the a minor amount. It generally seems to me that your particular commentary are actually not utterly validated and in austere statement you are by your peculiar not genuinely absolutely confident starting the argument. All the rage almost several event Used to achieve get pleasure from probing that.

  65. Posted by Eric Skapura | October 9, 2012 at 2:06 PM

    Im grateful for the blog article.Really looking forward to read more. Cool.

  66. Posted by Esta Flentge | October 10, 2012 at 2:10 AM

    Thanks a lot for the article post.Really looking forward to read more. Awesome.

  67. Posted by hazard | October 10, 2012 at 8:01 AM

    Awesome posting, The fact know as almost as much ast 10% of what has just ended up outlined. Together with that of a wonderful expressions, a regular at all like me comprehend everything. Effective task.

  68. Posted by cox internet Mesa | October 10, 2012 at 3:21 PM

    Dont check with about facility concerns. Now isn’t the time, but in advance of was a good time and very little was accomplished? So when is really a superior time? Lazy liars.

  69. Posted by oil rig okleys | October 11, 2012 at 6:20 AM

    Many thanks for your suggestions about credit repair on all this website. Issues i’d guidance individuals ought to be to provide up the particular mentality they buy at this time and pay out later on. As becoming a culture we tend to complete that for many things. This includes vacations, furnishings, plus items we”d like. However, you”ll wish to separate one”s desires from all the requirements. So long as you”re working to improve your credit score make some sacrifices. For example you are able to store online to save cash or you can go to second hand suppliers rather than pricey department stores pertaining to clothes.

  70. Posted by suplementy | October 11, 2012 at 7:03 AM

    Some time My partner and i read a similar article currently, along with I’m asking yourself whether or not the woman wrote this method as well as the similar person. Exactly the same model i always really like, also handed very similar ideas. The student writes content articles about various other internet site?

  71. Posted by Pamala Ciardullo | October 12, 2012 at 8:31 PM

    I have not checked in here for some time because I thought it was getting boring, but the last few posts are great quality so I guess I’ll add you back to my everyday bloglist. You deserve it my friend :)

  72. Posted by Johnette Gonsoulin | October 12, 2012 at 9:58 PM

    Thank you for some other fantastic post. The place else could anyone get that type of information in such a perfect approach of writing? I have a presentation subsequent week, and I am on the search for such information.

  73. Posted by Garth Pommier | October 13, 2012 at 6:47 AM

    Good – I should definitely pronounce, impressed with your website. I had no trouble navigating through all tabs and related info ended up being truly simple to do to access. I recently found what I hoped for before you know it at all. Reasonably unusual. Is likely to appreciate it for those who add forums or something, site theme . a tones way for your customer to communicate. Excellent task.

  74. Posted by Plissee fürs Büro preiswert | October 13, 2012 at 11:26 PM

    You can definitely see your enthusiasm within the function you publish. The arena hopes for more passionate writers like you who aren’t afraid to state how they believe. Many of the time follow your coronary heart.

  75. Posted by Ardith Balbi | October 14, 2012 at 7:05 AM

    I wish to point out my appreciation for your generosity for visitors who need help with this subject. Your special commitment to getting the solution across turned out to be certainly important and have without exception helped ladies like me to attain their desired goals. This useful suggestions entails a lot to me and extremely more to my office colleagues. Thanks a ton; from each one of us.

  76. Posted by Isela Delosier | October 15, 2012 at 8:45 PM

    Normally I do not read post on blogs, however I would like to say that this write-up very pressured me to check out and do it! Your writing style has been surprised me. Thanks, very great article.

  77. Posted by Detached Homes | October 16, 2012 at 7:07 PM

    Having read this I thought it was rather informative. I appreciate you spending some time and effort to put this content together. I once again find myself spending way too much time both reading and leaving comments. But so what, it was still worth it!

  78. Posted by Site 1001bonnesaffaires.com | October 16, 2012 at 7:18 PM

    I’ll bookmark your blog and tell my friends to visit your site here often. I’m reasonably confident they will understand tons of new stuff here than anybody else! Great work!

  79. Posted by Continuing | October 16, 2012 at 8:23 PM

    I was wondering if you ever thought of changing the page layout of your website? Its very well written; I love what youve got to say. But maybe you could a little more in the way of content so people could connect with it better. Youve got an awful lot of text for only having 1 or two images. Maybe you could space it out better?

  80. Posted by Verlene Gilland | October 16, 2012 at 8:25 PM

    have to do first? Most entrepreneurs are so overwhelmed with their online business plans that

  81. Posted by forest lawn funeral home | October 16, 2012 at 10:49 PM

    Hmm it appears like your blog ate my first comment (it was super long) so I guess I’ll just sum it up what I had written and say, I’m thoroughly enjoying your blog. I too am an aspiring blog writer but I’m still new to the whole thing. Do you have any helpful hints for newbie blog writers? I’d certainly appreciate it.

  82. Posted by odaine | March 22, 2014 at 11:58 PM

    OMG i just love this new baby monitor i got! http://www.youtube.com/watch?v=6u2Q_HPN2oI