It is reported that Wall Street financial giant Morgan Stanley has begun a new round of staff reductions, with layoffs broadly affecting its core business lines.

The affected departments include the investment banking and trading division, wealth management division, and investment management division. This adjustment reflects measures taken by financial institutions to control costs and improve operational efficiency amid fluctuations in the global macroeconomic environment and a slowdown in market activity. The specific scale of layoffs and the positions involved have not been fully disclosed, but this move is expected to have a certain impact on the company's organizational structure.