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Author name: Charles Gasparino

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

date Mar 08, 2026

insiders close to the wall Street giant say the real culprit can be summed up in two letters: “A” and “I”. some of the employees who were axed — amounting to 3% of the mega bank’s global workforce— were falling short of expectations.

Source: nypost.com

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