Morgan Stanley Cuts Planned for Thursday? 67 cityfile 11/11/08 11:46AM Filed to: Finance Finance Layoffs Morgan Stanley Rumors Cityfile This image was lost some time after publication.The Post is hearing rumors that Morgan Stanley plans to lay off 10 percent of the company's 50,000 workforce on Thursday and that "those given the ax shouldn't expect a very generous severance package." [NYP via Dealbreaker]