Morgan Stanley is reportedly planning to pay out 10% to 25% less in bonuses this year to its employees, an effort to cut costs as it deals with volatile market conditions. The cuts are slated to affect traders, back-office staff and other employee groups, but perhaps not unusually strong performers.
Continue reading Morgan Stanley to Trim 2010 Bonus Pool by 10% to 25%
Morgan Stanley to Trim 2010 Bonus Pool by 10% to 25% originally appeared on DailyFinance on Thu, 09 Dec 2010 10:45:00.
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