Stanley

As reported by CNBC, the number is about 6 percent of the total employees in the unit. Employees who are laid off will consist of brokers, salespeople, and bankers in the company of those that stood since 1935.

CNBC sources said, nearly half of that number are employees of Morgan Stanley in the U.S. and the rest of the world. Dismissal will apply at all levels of management, but the priority for senior employees.

New York Times reported, layoffs were carried out as firm efficiency measures. Step dismissal would be done a week ahead of the release of the company's financial statements are expected to show a profit.

Analysts, Morgan Stanley executives moving too slowly and the company announced revenue targets are unrealistic, so it always never realized. This makes Morgan Stanley is not enough revenue to cover operating costs.

In fact, the signs of fall Morgan Stanley has seen since last year. About 110 of the 500 directors Morgan Stanley worldwide do not get the bonus. Estimated that, in 2013 more directors who do not get an extra bonus.