Wall Street executives blame Morgan Stanley’s latest layoffs on AI

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Source: New York Post
Published: 2026-03-08 14:39 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Technology & AI, Financial Markets, Business & Economy
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Snippet:
Morgan Stanley’s surprise round of layoffs this past week was the result of “shifting business and location priorities,” and “individual job performance” issues here and abroad, according to the firm’s flacks.
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