The RJ's great family culture was killed by the "Russians".

Yea, 20 low level managers let go. No Vice Pres or higher let go for some odd reason.

The company culture is dead. We miss Tom. The new management is all cut throat and "GE" . It's sad. I've been there 15 years and can't wait to retire.

Yes. Mainly old timers let go in IT. Funny no executive management was let go too. There was plenty of duplication from Mor Keg on those positions.

horrible day today... great people that were let go and great performers that were let go. none of the new people were touched as it seemed like since they didnt have a review to go off of so they got a "get out of being laid off free card". half the... — read more 

The company culture is dead. We miss Tom. The new management is all cut throat and "GE" . It's sad. I've been there 15 years and can't wait to retire.

Wrong. The IT positions did not have Memphise equals ever, so they were not redundant. It was a move of the new senior executive management. Bella and Paul were the new bus drivers letting people off to increase the profits. It is a business true... — read more 

Not necessarily greed folks. Yes it sucks but you had to have seen it coming. All the bulking up of staff for the MK conversion plus the additional head count obtained via the merger equals OVERSTAFFED. I too saw some good friends and good people let... — read more 

They layed off about 100+ employees in St. Pete Raymond James IT. I work in IT and the person next to me this morning was walked out. People that had been there a long time seem to have ben targeted in this round. Greed prevails.

A company-wide shake-up within Raymond James Financial Inc. today has resulted in the layoff of dozens of employees at Morgan Keegan & Co. Inc. as well as at Raymond James offices. According to an official statement from Raymond James public... — read more 

Technical positions in Saint Petersburg (know 2 folks who were let go) and Engineering positions in Sarasota (know 1 person who was let go today) are being affected... This is a pity, it tells you that greed knows no limits, all the folks let go were... — read more 

They cleaned out the TSC, tech con, and bas. None of the people including myself were senior technical team unless 2 years counts as senior.

I hear it is mostly the middle management and senior technical team members.

dunno,its been bad today.

dunno,its been bad today.

Why is RJF laying people off today? Their stock is at an all time high. Guess that won't last with this news.

Why is RJF laying people off today? Their stock is at an all time high. Guess that won't last with this news.