Thread regarding Edward Jones layoffs

Why not VSP for all?

I don't get why the VSP wasn't offered to all of us. Only giving it to leaders and the rule of 70 people seems like they want to just cut the rest of us with and not give us a choice. They are letting the poor performing GPs "retire" so I don't see why couldn't all of us have an option? Sure, we can quit whenever we want but I'm more than happy to take a few months of severance and get off this ship before it sinks. Not to mention this is taking way too long. PP told us about this at the start of the year, it's Summer. What is the holdup? Just get on with it already.

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| 1811 views | | 7 replies (last June 12, 2025) | Reply
Post ID: @OP+1jx91p4px

7 replies (most recent on top)

Or are they planning to go public?

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Post ID: @t4+1jx91p4px

Big shoe will be we are moving hq to nyc so it would be close to DC

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Post ID: @jr+1jx91p4px

@OP . She provided a timeline and phases of what would happen.

Also those who take the ISP/VSP have to train folks to do their job. Leadership also dictates a ISP/VSP last day.

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Post ID: @fc+1jx91p4px

I always said to folks when the Citi folks showed up or outsiders, something was going down. This was 2 yrs ago. Now y'all look at this place.

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Post ID: @fb+1jx91p4px

@am 100% agree. We have all been saying the same thing on my team for a while. None of this adds up and we feel like there is still another big shoe that will drop after Summit season is done in september.

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Post ID: @c9+1jx91p4px

@am Fully agree.

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Post ID: @an+1jx91p4px

I believe the offering of the VSP is to try to reduce the number of ISPs (Involuntary) in the future. This is classic BCG/McKinsey thought architecture, but it is absolutely puzzling in a time of record firm profits. It points to one thing and one thing only: a merger or sale.

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Post ID: @am+1jx91p4px

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