Morgan Stanley is the latest US firm to cut jobs, amid fears about AI’s impact For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails Email * SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our Privacy notice Morgan Stanley has become the latest US corporate giant to axe staff , with 3 per cent of its global workforce