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Morgan Stanley
TopographicOceans
Posts: 6,535 ✭✭✭✭
Morgan Stanley (MS) is rumored to be cutting 25% of the jobs in its fixed income and commodities division. This includes closing its base metals trading desks, which deal in copper, aluminum, nickel and other non-precious metals. The roughly 1,200 job cuts globally should result in about $150 million in severance pay in Q4.
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Give Me Liberty or Give Me Debt
Sorry for being so cynical.
I knew it would happen.