Morgan Stanley, HSBC cutting Asia investment banking jobs on China deals slowdown

Morgan Stanley and HSBC are cutting dozens of investment banking jobs in the Asia Pacific region this week, sources said, as they ramp up cost-cutting, with weaker dealmaking and sluggish markets in ... Read More

Morgan Stanley and HSBC Cut Asia-Pacific Jobs Amid Slowing Deals

Financial majors Morgan Stanley (NYSE:MS) and HSBC (NYSE:HSBC) (GB:HSBA) are slashing multiple investment banking jobs in the Asia-Pacific, as ... Read More

Morgan Stanley to cut around 50 investment banking jobs in Asia-Pacific, sources say

Morgan Stanley is cutting around 50 investment banking jobs in the Asia-Pacific region due to a deals slump, sources with knowledge of the matter said. Investment bankers based in Hong Kong and ... Read More

Morgan Stanley layoffs: Some investment banking jobs cut in Asia-Pacific

Morgan Stanley is cutting at least 50 investment banking jobs in Asia Pacific, news agency Reuters reported citing people in the know, becoming the latest among global banks to scale back operations ... Read More

Morgan Stanley, HSBC said to cut Asia investment-banking jobs

Morgan Stanley and HSBC are reportedly planning significant job cuts in China due to dealmaking drought and sluggish market conditions. Read More

Barclays poised to cut hundreds of investment bank jobs, sources say

Bloomberg News first reported ... workforce by around 5,000 jobs in 2023 as part of an ongoing major cost-cutting drive. Get a look at the day ahead in U.S. and global markets with the Morning ... Read More

EXL Service Cutting 800 Jobs as It Shifts Focus to AI

ExlService Holdings is cutting 800 jobs, or less than 2% of its workforce, as the digital services provider repositions to meet customer demand for generative artificial intelligence. The change ... Read More

Climate and Environment

Play our trashy garbage-sorting game, then read about why this is so tricky. What’s causing global warming? How can we fix it? This interactive F.A.Q. will tackle your climate questions big and ... Read More

Amazon Is Cutting Hundreds of Jobs in Cloud Computing Division

Amazon.com Inc.’s cloud division is cutting hundreds of jobs that will affect sales and marketing employees and the team developing technology for brick-and-mortar stores. “We’ve identified ... Read More

Ericsson to Cut 1,200 Jobs in Sweden Due to Lower Volumes

STOCKHOLM—Ericsson will cut around 1,200 jobs in Sweden as it adjusts to a lower-volume environment. The Swedish telecommunications-equipment company expects a challenging mobile networks market ... Read More

Morgan Stanley, HSBC cutting dozens of Asia investment banking jobs on deal slowdown

Morgan Stanley and HSBC are cutting dozens of investment banking jobs in the Asia Pacific this week, sources with knowledge of the matter said, as weaker deal activities and sluggish markets in China ... Read More

Barclays poised to cut hundreds of investment bank jobs, sources say

Bloomberg News first reported the planned cuts. The bank slashed its workforce by around 5,000 jobs in 2023 as part of an ongoing major cost-cutting drive ... shaping the global economy, delivered ... Read More