Morgan Stanley Cuts 600 Jobs in Home-Loan Business (Update2) (Bloomberg.com)

Story date: 2007-10-02 01:49:24
Added on: 2007-10-02 23:00:39

Oct. 2 (Bloomberg) -- Morgan Stanley, the second-biggest U.S. securities firm, plans to cut 600 jobs after a decline in mortgage-related revenue contributed to lower third-quarter earnings than analysts estimated.


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