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Morgan Stanley CEO to staff: 'If you're really unhappy, just leave'

James Gorman certainly didn't sugarcoat his attitude toward disgruntled employees. Was he too blunt or refreshingly honest?
By Roula Amire | Posted: January 30, 2012
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Morgan Stanley's employees need an attitude adjustment. At least that's what CEO James Gorman thinks of his staff who are aren't happy with recent 20 to 30 percent pay-cuts among senior executives. He also limited cash bonuses. In this Bloomberg Television interview , he outlined three reasons his employees shouldn't be upset with a smaller salary. 1. They're "naïve" and should read the newspaper. 2. Compensation shouldn't define their overall level of hap read more...

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