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Morgan Stanley promises no job cuts in 2020 as coronavirus crisis grows

FILE PHOTO: A sign is displayed on the Morgan Stanley building in New York
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(Reuters) - Morgan Stanley on Thursday pledged to not cut any jobs this year, according to a memo seen by Reuters, as the Wall Street bank sought to reassure employees worried about their jobs during the coronavirus pandemic.The contents of the memo were confirmed by a Morgan Stanley spokesman. "While long term we can't be sure how this will play out, we want to commit to you that there will not..
Date Published: Mar 26, 2020
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