State Street Is Said to Lay Off 15% of Senior-Management Ranks

The video discusses recent job cuts at Morgan Stanley and State Street, highlighting the financial sector's response to cost-saving measures. It also covers the competition between Airbus and Boeing, noting Airbus's challenges in 2018 and Boeing's lead in sales. Additionally, the video addresses Brexit's impact on business decisions, with Airbus CEO Tom Enders expressing concerns over the uncertainty and its financial implications.

Which financial institution is planning to cut dozens of jobs as part of its annual review?

• JPMorgan Chase

• Bank of America

• Morgan Stanley

• Goldman Sachs

What percentage of senior management does State Street plan to reduce?

• 10%

• 25%

• 20%

• 15%

In 2018, by what fraction did Airbus's net orders decrease?

• A quarter

• A third

• Half

• Two-thirds

What was one of the major challenges Airbus faced in 2018?

• Engine troubles

• Cybersecurity threats

• Regulatory fines

• Labor strikes

What did Airbus CEO Tom Enders say about the Brexit uncertainty?

• It is manageable

• It is beneficial

• It is unbearable

• It is irrelevant