Prediction carries on. Morgan Stanley does hiring freeze. 80,000 Wall St layoffs coming over the next 18 months?

(Last Updated On: September 28, 2010)

Prediction carries on. Morgan Stanley does hiring freeze. 80,000 Wall St layoffs coming over the next 18 months?

As predicted, Morgan Stanley now continues the hiring freeze for investment banking. Goldman Sachs started it and now Morgan Stanley. Next, we will fill the massive layoffs coming? We are talking 80,000 over the next 18 months as predicted earlier.

http://www.bloomberg.com/news/2010-09-27/morgan-stanley-said-to-freeze-hiring-at-investment-bank-for-rest-of-year.html

Did they not just hire a massive amount earlier this year?

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