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What with a power struggle for control being waged in the public eye and a raft of senior departures, Morgan Stanley's workforce is having a particularly stressful time. So you can't blame them for wanting to take time out from it all. On one of the first warm, sunny spring days in New York, employees were observed on a roof terrace at 1585 Broadway during their lunch hour doing serious stretching exercises that looked like some sort of pilates or yoga class.
It's gratifying to see that the investment bank is helping employees unwind. Perhaps its HR department should make it a company-wide initiative.