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Reuters: Morgan Stanley plans broad job cuts

Started by chris, November 12, 2008, 06:59:15 PM

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chris

Morgan Stanley plans broad job cuts
      


NEW YORK (Reuters) - Morgan Stanley  plans to cut 10 percent of staff in its institutional securities unit and 9 percent in asset management, it said on Wednesday, as it copes with a deteriorating economy, disrupted capital markets and falling asset values.</p><div class="feedflare">
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