<ul><li>Morgan Stanley is set to cut around 2,000 jobs, equivalent to 2-3% of its workforce, by the end of March.</li><li>The bank's cost-cutting efforts aim to improve operational efficiency, and the layoffs are not attributed to current market conditions.</li><li>Some layoffs will be performance-based, while others will be due to location changes.</li><li>Despite the staff reductions, Morgan Stanley is still adding people at senior ranks in the investment-banking division.</li></ul>

Morgan Stanley’s cost-cutting efforts to eliminate 2,000 jobs

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