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INVESTMENT BANKERS LAYOFFS
Morgan Stanley layoffs: Has AI-driven disruption reached Wall Street? Here are the departments impactedMorgan Stanley layoffs 2026: Morgan Stanley is reducing its workforce by approximately 2,500 employees. This move impacts about 3% of its g...09 Mar, 2026, 02.22 PM IST- Mass layoffs hit Amazon, UPS and Target, but the real reason has nothing to do with AIMajor companies including Amazon, UPS, and Target are cutting thousands of jobs. This is primarily due to rapid past hiring and internal re...07 Nov, 2025, 06.41 PM IST
- HSBC lays off bankers on bonus day, no payouts givenHSBC has taken drastic cost-cutting measures by firing investment bankers on the day they were expecting their bonuses. The layoffs are par...28 Mar, 2025, 10.50 PM IST
- HSBC axes 40 dealmakers in Hong Kong as part of revamp to cut costs, source saysHSBC has cut around 40 investment banking jobs in Hong Kong as part of a global cost-cutting restructuring. The layoffs began just ahead of...18 Feb, 2025, 10.28 AM IST
- Morgan Stanley, HSBC cutting dozens of Asia investment banking jobs as deals slumpThe cuts are one the largest to its China-focused investment banking team and follow similar measures by other banks also stung by decline ...17 Apr, 2024, 01.48 PM IST
- JPMorgan cuts investment banking jobs in Asia Pacific: ReportJPMorgan Chase & Co. is letting go of about 30 investment bankers in Asia-Pacific this week, with a majority of them based in Greater China...21 Feb, 2023, 12.39 PM IST
- Goldman Sachs planning to cut off as many as 4,000 ‘low performing’ staffers: ReportAccording to a report on Friday, Goldman Sachs is preparing to fire up to 4,000 poor-performing employees as it seeks to cut expenses amid ...17 Dec, 2022, 01.12 AM IST
- Wall Street bonuses to plunge as much as 45% for bankers - studyBankers who underwrite equity or debt offerings are forecast to receive payouts that are 40% to 45% lower than in 2021, while their counter...15 Nov, 2022, 06.01 PM IST
- Layoffs & restructuring grapple investment banks like UBS, Nomura, Credit Suisse & Goldman SachsFor now, foreign I-banks in India are looking to maintain a skeleton staff. Will hiring pick up anytime soon?25 Dec, 2011, 12.34 PM IST
- Barclays India trims staff as its business slowsBarclays has laid off scores of staff in its unit in India as it cuts costs amid slowing opportunities for growth, said people familiar wit...16 Jul, 2011, 03.11 AM IST
- BankAm shows door to 40 bankers of DSP Merrill Lynch unitBank of America/Merrill Lynch has dished out pink slips to 40 bankers in the wealth management division of DSP Merrill Lynch India, officia...21 Jan, 2009, 02.33 AM IST
- Best Xmas gift for Aussie bankers: their jobAll I want for Christmas is ... my job! That's a refrain heard around the world as the financial crisis puts hundreds of thousands out of w...24 Dec, 2008, 09.00 AM IST
- ArcelorMittal warns of layoffs at US plantArcelorMittal, the world's largest steelmaker, has warned that as many as 2,444 employees at a steel plant in northwestern Indiana could be...23 Nov, 2008, 07.13 AM IST
- ArcelorMittal warns of layoffs at US plantArcelorMittal, the world's largest steelmaker, has warned that as many as 2,444 employees at a steel plant in northwestern Indiana could be...23 Nov, 2008, 04.01 AM IST
- Citi brings in 'outsider' to replace Nayar hereA day after ET reported that Sanjay Nayar, Citigroup’s CEO for South Asia, is moving out, the American banking major on Thursday named vete...21 Nov, 2008, 06.32 AM IST
- DSP Merrill Lynch kicks off job cutsSources said DSP Merrill Lynch has cut jobs across levels, including structured finance, derivatives, fixed income, currency, etc. Shrinkin...23 Oct, 2008, 06.40 AM IST
- Citi signing off up to 6,500 pink slips: ReportsWorld's biggest bank Citigroup, is in for an aggressive round of layoffs, where it will start on Monday firing about 6,500 employees from i...23 Jun, 2008, 03.25 PM IST
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