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Exclusive: Morgan Stanley to start layoffs in coming weeks as dealmaking slows

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Exclusive: Morgan Stanley to start layoffs in coming weeks as dealmaking slows

Wall Street major Morgan Stanley is expected to start a fresh round of layoffs globally in the coming weeks, three people with knowledge of the plan said, as dealmaking business takes a hit due to rising inflation and an economic downturn.

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Exclusive: Morgan Stanley to start layoffs in coming weeks as dealmaking slows

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Exclusive: Morgan Stanley to start layoffs in coming weeks as dealmaking slows

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