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Morgan Stanley CEO Says Workers Staying Despite Office Push

James Gorman 
James Gorman Photographer: Brendon Thorne/Bloomberg
Updated on

The Great Resignation is turning into a great myth for one Wall Street bank.

Morgan Stanley chief James Gorman says the firm has seen relatively few departures in the wake of the pandemic, and certainly nothing like the trend that’s seen U.S. workers quitting their jobs in record numbers. In contrast, he says the bank received about 500,000 job applications last year.