Hey Penny Pincher Pennington! The thin veil you put in front of every HO associate’s face will most certainly backfire! Hiring a ton of offshore associates for cheap won’t magically fix your problems!!! We tried it in the past! It doesn’t work!!!... — read more 

What has this company become. I’ve given 19 years of my life to it and how do the big wigs repay me? A choice between termination or demotion. There aren’t words big enough to express how disappointed I am. So much pain and sadness.

I know things feel heavy right now with the layoffs, demotions, and whispers of age discrimination. The execs might be trying to scare us into silence, but we’re stronger than that. I wasn’t personally hit by the layoffs, but watching my friends and... — read more 

The layoff #’s posted in St Louis journal seemed lower than expected

How many people were let got in ‘24 and early ‘25 due to offshoring ?

Anyone who thinks the business will run more smoothly now can forget about it. What we’re really in for is more workload, missing critical roles, and teams left in disarray. If anyone has seen a single case where layoffs served some strategic... — read more 

Hey Y'all! I've decided to channel my inner hungry humble swagger and adopt a growth mindset. I used to care about being a team player and actually executing on work that would move the firm forward. But now I realize I need to grow into a... — read more 

259 ISP’s. Not exactly the “100” ISP’s they told us to expect. For those who said yeah but they said it would be 100 “roles”. BS. That was just corporate speak to disguise the real numbers. If they are so transparent, how come they didn’t publish... — read more 

258 roles closed from vsp and 259 got isp I'm not a math genius but that's 517. Six months of me in panic wondering how both me and my wife who worked here until she just found a new role would pan out to feed 3 kids for 517 roles?????? This place is... — read more 

Let’s call a spade a spade. EJ “Preferred Fund Partners” are nothing more than a kickback scheme that pays the ELT and GP’s handsomely while passing along the bloated expenses and fees to EJ clients. The firm collected over $315 million alone in... — read more 

I know the first thing I’m going to do is move all my assets out Edward Jones. That way they can’t make any profits off of my investments now and the future. Will also tell family and friends to do the same.

This was done solely for profit. In a time of a weak job market, aggressive inflation, and the dawn of AI, they just crushed people’s lives for money. At a recent summer regional, Penny stated a few times, “over my dead body will this place be sold”... — read more 

It’s pretty clear leadership isn’t thinking beyond the next quarterly report. The long-term impact of shedding talent, experience, and skill doesn’t seem to matter at all. No matter how well or poorly a company is doing, there are always cuts, so... — read more 

What I still do not get, if these layoffs were truly about efficiency, and not about maximizing profits as I repeatedly heard, is why so many people were forced to take demotions, lower role salary grades, and even lower salaries just to stay with... — read more 

Dear colleagues, I never imagined I’d be writing an email like this. After almost 20 years with Edward Jones, I’ve been told I no longer have a place here. While I was encouraged to accept the narrative that our leadership team “cares” and that none... — read more 

I could deal with layoffs if I knew they were truly necessary right now, not just a crutch every time earnings, expectations, or anything else take a hit. What are the chances that is actually the case, or should I just start looking for something... — read more 

I saw some noise about “whistle -blowing” on coworkers for “off-channel” communication. Just so everyone’s on the same page, here’s what actually counts according to FINRA/SEC — and what doesn’t. What off-channel rules are really about: They’re... — read more 

Not sure if anyone else is feeling this way, but my depression and anxiety is persisting despite being marked “safe” (for now). I love my wife and children and am thankful for a paycheck, but am having trouble getting over the anxiety and depression... — read more 

What do you think are the real reasons for this layoff? We've all been given the corporate line, but I’m curious how each of you sees the actual reasons behind the cuts. It would also be helpful if people responding could share where they roll up... — read more 

This is general information, not legal advice. Please consult a lawyer. Many employment lawyers will do a free consultation and only charge a fee if they win your case. If you’re 40 or older and asked to sign a severance agreement that waives age... — read more 

Has anyone received their docs to sign if you are getting a new role?!! I got an email with basic information but not docs to sign…

Below is an email script to use to document important information to protect your rights. If the company responds to any of these questions with “Please see the FAQs,” acknowledge that you are aware of the FAQs and would like a direct response to... — read more 

Letter: Planned layoffs at Edward Jones betray its own company culture Financial giant Edward Jones announced that it will lay off potentially hundreds of employees at its Des Peres office to improve efficiency. ("Behind the layoffs: Edward Jones... — read more 

Team meetings have begun to go over the changes. Thoughts?

The survivors of ER are all going to experience the consequences of “lean” teams that have been the unfortunate reality for areas that have been operating lean for years already. Doing the job of 3 or 4 is the best you can hope for. Doing 5 or 6 jobs... — read more 

I would just like to say that the firm has taken a noticeable turn when PP became the MP. What I don't like is that now we have members of the Executive Leadership Team that don't even have to live in StL. That used to be the norm - you're a... — read more 

What are people's thoughts on how ER will enable the firm to execute with more speed and efficiency? Honestly, I was optimistic when they first announced it because the firm had become so bloated and convoluted that it was difficult to get anything... — read more 

I took VSP and will be gone in ‘26 Understandably I’m far less important right now than everyone else who’s getting meetings or emails about their fate My heart goes out to all of you I’m wondering if / when VSPs will bear anything at all I... — read more 

I was informed late yesterday.

Finally got the safe email. At 8:43 Pm CST. I'm so disillusioned and disappointed in this firm. I had planned on searching for other jobs anyway, but this just makes me more emboldened to pursue.

In August of 2024, the S.E.C. fined Edward Jokes $50 million due to EJ employees and EJ leaders using WhatsApp and group text messaging for work purposes, which violates record keeping regulations and places client information at risk. If you are... — read more 

We just got some help at the start of the year. Much needed help, let me add. I feel so bad for the kid. Why hire somebody just to kick them out so soon? How does that even make sense?

If you think it is, you're being incredibly naive. We'll get a month or two reprieve before more cuts are announced. And that's how it's going to be from now on. The writing's on the wall, people.

Based on what you know so far, do you feel there was age discrimination during the selection of people who are being laid off? If yes, what makes you think so. I know only 4 people who were laid off, 2 are over 40 and 2 are over 50, not sure if this... — read more 

companies might smile, send emails, and say they care, but the second you cost them money, raise a pr concern, or even trip over some tiny clause in your endless contract, they’ll cut ties without blinking. it doesn’t take a mistake - if business... — read more 

Those who survived this round, are you feeling relieved? I'm not, at all. Number one, I still can't relax, even though I know it's over for now. And number two, since I know there'll be more down the line for sure, I don't feel any safer than I did... — read more 

It'd be good if she was to pack up and go back to Livonia. Wishful thinking, it was actually me who is being sent back to Lansing. Nothing more to add aside from wishing every one the best in hope that you all will have better luck than I had. This... — read more 

PP makes what JW did in 2008 to avoid layoffs seem pointless. He is a great leader. PP could never live up to him.

Someone turn on the bat signal. We need Jim Weddle back!

Curious as to what broad areas are sting most layoffs. Like are there areas that aren’t getting hit at all or areas that are basically being gutted? (I don’t work there, but have many friends who do)