MS headcount freeze rumors - any truth to this?

Heard similar rumblings. My understanding is that it's not a blanket freeze across the board, but more of a strategic pause in certain divisions, particularly those heavily exposed to the current M&A and capital markets slowdown. Some areas might still be hiring, but it's definitely tighter than it was a year ago. It’s probably wise to temper expectations, but if it's your dream role, a targeted application showing how you bring value even in a challenging market might still get noticed. Worth doing your due diligence on the specific division you're targeting.

Don't discount applications just yet. While there's certainly a more cautious hiring environment across investment banking, including at Morgan Stanley, 'freeze' is a strong word. It's more likely a period of intense prioritization. Roles that are critical or highly strategic might still be filled. My advice? Focus on tailoring your application to showcase how you'll directly contribute to the firm's priorities in the current climate. Highlight skills that are in demand regardless of deal flow, like risk management or specific technology expertise. It's a tougher market, but opportunities still exist for the right candidates.