E-commerce platform Shopify has announced to lay off 20 per cent of its workforce which will impact more than 2,000 people. Shopify Layoffs: E-Commerce Platform Fires 20% of Its Workforce, Sells Logistics Business To Flexport.
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Morgan Stanley (MS) layoffs are in the news as the financial services company prepares to cut…
In December 2022, the global investment advisory firm cut about 2 per cent of its global workforce, or about 1,600 employees. The layoffs came after Morgan Stanley CEO James Gordon recently warned that "some people are going to be let go." 🌎 Morgan Stanley Layoffs: Top Brokerage Firm To Cut 3,000 Jobs in Second Round Amid Continuing Global Meltdown.
Due to declines in public offerings, mergers, trading activity, Wall Street banks are restructuring and reducing headcount. Goldman Sachs laid off approximately 3,200 employees, and Morgan Stanley, Barclays, and other financial institutions have announced job cuts.