Morgan Stanley Said to Shut Princeton, Move Workers
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Morgan Stanley, owner of the world’s largest brokerage, is closing its Princeton, New Jersey, office and will move the location’s 95 employees elsewhere, according to a person briefed on the matter.
Morgan Stanley filed a notice with the New Jersey labor department this month alerting it of the decision. The New York-based bank is offering the staff, most of whom work in technology and data, roles in other locations, said the person, who asked not to be named because the moves haven’t been publicly announced.