We take pride in being human centered but this entire charade has been anything but...... Monday we all had to sit in front of a computer with no meetings watching the time tick away just waiting for your turn. Everytime you heard the chime of your... — read more
The ? on Demotions
To answer the question and to address the theme - I have heard from my team and everyone dropped a pay grade. This was never about creating efficiencies - it was a simple money grab and cost savings. I feel for the people losing their jobs, and some... — read more
Affected Leaders!!
To the leaders , I would like to know if you had fewer than six associates reporting to you. I've expected heard that it is expected that all leaders should have a minimum of six associates reporting to them.
Here it goes
Good luck, everybody. At least we know it's done after today.
Dear ELT,
Unleash your Dear John letters. Tell them what they need to hear and air that dirty laundry.
No loyalty means no loyalty
Now that it’s clear leadership has no loyalty to associates, I think leadership is about to find out associates no longer have loyalty to Edward Jones. Talent stayed out of loyalty. We aren’t the most exciting company, not cutting edge, and not... — read more
is this normal??
I have been told that the firm will not be sharing any information regarding the # of layoffs, demotions, etc. And neither will divisions. In other words, no one will truly know the full scope of the impact. Is that typical? It angers me that we... — read more
Are people walked out immediately?
I'm sorry if this is a stupid question, but I've read in several posts that people were not even able to get their personal items before being escorted out. Is this true? I think it's incredibly inhumane if it is true, and adds another humiliating... — read more
Has the majority been notified?
Is it safe to assume that the majority was notified today and tomorrow will not be nearly as bad? Or am I just deluding myself?
Which Department?
Please post which department you’re in if you were impacted by the layoffs so others in those areas have an idea.. Examples; Finance, Demoted Tech, ISP Marketing, ISP
Tears for what was —-hope for those of you part of the reimagined future
I’m turning over many decades of sweat equity to those of you who will take this firm into the future. I trust you - my friends, colleagues and those I’ve been blessed to lead during my career I trust you to do your best to lead as you were once... — read more
If you are affected, will you keep your account at Jones?
If you are affected and if you have a Jones account, will you be keeping your money at Jones? I realize most of us are small fish to leadership so it probably wouldn’t even be noticed if I took my money out. I have nothing against my financial... — read more
Read please......
https://www.monkhouselaw.com/edward-jones-layoffs/
Tuesday
First, sorry to those affected on Monday. For those of us that didn’t receive a 1:1 or an email yet, well, just one more day: Tuesday. Good luck.
we made the list
https://x.com/TheLayoff/status/1960034314734961142
Penny Please Come Over to my House
Hi Penny, Could you please come over to my house tonight and explain to my children why a woman who makes over $29 million per year and runs a company which is on the verge of a level 10 bonus feels that their parent needs to lose their livelihood... — read more
Account disabled before meeting?!
Several of us with afternoon meetings have been kicked off the system and accounts disabled. My leader has no idea what's going on. I put in a ticket w HD. I thought we were working til 9/5 even if laid off. How am i supposed to join meeting later?... — read more
“Safe” emails not before Tuesday after hours?
Is this true? “Safe” emails will not be sent until after business hours Tuesday. This was confirmed by a DL, and my senior director. OP: @a8+1k3h3qmeb
Human Centered
I received an ISP today. I was given less than one week per year served in severance. I’ve been laid off before. Typically, the standard is two weeks per every year served.
New HQ Locations?
Maybe I’m just completely out of the loop, but there are some job postings on the external career site that are in random locations. One in Dallas, one in Salt Lake City Utah (assuming that one is the bank), and the third in West Palm Beach, FL?... — read more
Teams that were already affected
If some teammates have already received their notification, can the rest of us consider ourselves safe?
The safe email
Have any HO areas received this yet?
Some reminders for today
Big day ahead, and I know a lot of people are nervous. Just wanted to share a few reminders that might help if you get pulled into a tough conversation today: • Don’t feel pressured to sign anything right there in the room. It’s normal to want time... — read more
Praying for my colleagues
Heavenly Father, I lift up my fears and anxieties about our jobs and the future of Edward Jones to You. Please grant us peace that surpasses understanding and help us to trust that You are in control. Deliver us from fear, and fill us with Your... — read more
Phone Notifications
Curious if it’s just me/my phone, but I’ve noticed that I haven’t gotten any of my Teams or Outlook notifications on my personal cell today. If you have them installed on your phone, are you still getting notifications?
Reporter seeking info/comments
Hello, I'm a reporter for the St. Louis Post-Dispatch covering the layoffs. I can be reached at jsuntrup@post-dispatch.com and can also speak over the phone at 314 825 0735. Thanks, Jack Suntrup
Anybody else feels like throwing up?
I'll be doing very little work until this is over. Not because I don't want to or I'm protesting, I just don't think I'll be capable of anything beyond the most basic stuff. It's not just about being laid off. Losing my health insurance with my... — read more
Black Monday Layoff Megathread
Welp, here we are. Today (and tomorrow) is the day. Feel free to share your experience, vent, etc. as we get Reimagined.
T2 bonus for ISP
For associates that get ISP, do they receive the regular T2 bonus while on leave?
Dear India,
While we have your attention, you might be gloating over taking good jobs but just remember you’re making embarrassing poverty wages because you are desperate. You are not respected, everyone knows you can’t do your job properly and you are just... — read more
As You Are Being Laid Off and Outsourced….
Remember that the top five Edward Jones executives in 2024 received over $100 million dollars. The time to unionize is now to ensure the front line employees don’t get robbed by the home office C-suites and GP’s. Ted Jones is spinning in his grave…... — read more
What are the most vulnerable positions?
Any way to know?
I don't mind the wait
I understand why people are stressing, so am I. But if I had to choose between getting into work and learning I was laid off and having at least some warning to be able to prepare myself both mentally and in other ways, I'd chose the second option... — read more
I’m not mad…
Just disappointed. I thought I’d be here for life. Now I’m not sure if I can be. Or if I even want to be….
Say Your Worst
Edward Jones culture is long gone. Please reference what made this place special and how they ki-led it. I’ll go first: Our customer is the branch team and we should move Heaven and Earth to help them achieve what they are asking for. Next!
No sleep tonight or tomorrow
Rereading things and it's terrible some will have to wait until Tuesday to hear their fate. Good luck, all.
No 1:1 with GP… yet
Just checked email. No 1:1 with GP yet. Yes, I shouldn’t check today but they didn’t say a “start time”. What if they start at 7:30am CST?! And I miss the 1:1. They should have done better on when invites would be sent out. Basic communication folks... — read more