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
Good luck and thank yoi
Good luck to everyone the next couple of days. Even if it turns out we didn’t matter to the person who kept telling us that the last 6 years, you do matter to your colleagues and your contributions are appreciated.
Our Security is in Our Own Hands!
After nearly 5 years here, my role is being eliminated. While executive pay has exploded, we've faced freezes and now these layoffs. It’s clear: the company protects its own interests, not ours. The only way to secure our futures, our fair... — read more
Employment attorney
In the next couple of days, many of us will be presented with some form of a legal document from the firm that we need to sign. I know it is always advisable to get these documents reviewed by an employment attorney. If you have worked with any... — read more
Music Monday
Since meetings have all been cancelled Monday, and my kids will be in school, I’m going to blast some music and try to stay positive while refreshing / sync my email awaiting an invite/email, and watching for a Teams IM. Maybe I’ll update my play... — read more
We are here for you
I've been here for 20+ years and have been told we are safe. However I won't trust it until Wed. But even after that my heart breaks for those that are impacted. You are my family, please keep in touch as we all love you! Don't let those a--holes... — read more
Who is coming in and singing praises for changes and leaders on THIS site?!?
Reddit, facebook, youtube, tiktok, those are all places that someone popping and going “oh it is not that bad” makes sense. But why here? This is not a commonly known social media site. You have to look to find it. And the vast majority of us here... — read more
Can’t wait to see how they’ll botch these layoffs too
The adjustment’s going to be a nightmare. I’d bet anything we’ll lose the people who are the true backbones of the teams.
Know Your Rights
Know Your Rights in a Demotion / Reorganization (Missouri Employees) There’s a lot of rumor right now about upcoming demotions being used as a cost-cutting tactic. Some of you may be wondering: If I’m offered a big downgrade and I refuse it, am I... — read more
Our Journey these past 6 years…
Our Journey these past 6 years… For those who started in 2019 and after, the firm was not this way. It ranked highly on Best Places to Work, JD Power for both client and associate satisfaction, etc. It was a place where qualifications, education... — read more
Field Wants
To switch things up. I have a question. I'm not ELT, not a GP, nor high ranking DL. I'm just a professional associate in my 30s with 15 years experience at this firm and industry. I am in FA facing role, so we have most likely have spoken. I am... — read more
Has word leaked out?
I know who is impacted by ISP is supposed to be a top secret. But I wonder if some leaders and associates have already received a hint or heads up that they are safe. The reason I say that is some folks seem so calm and upbeat, while the rest of us... — read more
Just here to say…
Penny Pennington su-ks.
My productivity is zero
You can’t drop a layoff announcement and then expect everyone to act like nothing happened.
This can only hurt EJ
Letting people go to improve results is short-sighted and self-defeating. It doesn’t solve anything and just shifts the pressure onto those who remain, making everyone miserable and less productive.
I'm freaking out
It’s wild how quickly someone’s career can be flattened. I know people with decades of experience and leadership history who are suddenly starting over at entry level. Seeing it happen makes you realize no resume or past success guarantees anything... — read more