Thread regarding Edward Jones layoffs

Amplify Org Charts

I just love that the ELT and Penny actually think that publishing org charts on Amplify constitutes good change management. What a bunch of imbeciles….

Everyone got their popcorn and beverage of choice ready for the townhall today? Should be a fun spectacle!!

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| 4561 views | | 32 replies (last June 26) | Reply
Post ID: @OP+1jyhfpamz

32 replies (most recent on top)

@ap the main salaries are publicly available in the 10-K. For reference Weddle made $12M when he left, Penny now makes $28M.

Also based on the 10K we never hit the 20,000 advisor goal so where’s the accountability for that?

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Post ID: @jc+1jyhfpamz

@bt accountable means that if they fail, more of us get canned

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Post ID: @gc+1jyhfpamz

@ar I will take a drink for the word accountability!!!!

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Post ID: @ec+1jyhfpamz

@b6 She should hire consultants to help tailor her pants suit

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Post ID: @e3+1jyhfpamz

Did anyone catch the part where one of them mentioned the scorecard that’s going to help track all these things they are “accountable” for? I wonder if those will be public. And what exactly does “accountable” mean at the ELT level? What happens if the scorecard shows they aren’t winning.

I was especially unimpressed when they mentioned how proud they are of the new roadmap they are building. As if we haven’t paid a hundred consultants to build a thousand roadmaps that never made it to execution. But this one will be different.

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Post ID: @bt+1jyhfpamz

@b6

Hamburglar vibes.

What I saw today was Heaven’s Gate-style megalomania.

Sad & dangerous to us all.

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Post ID: @br+1jyhfpamz

Isn't it embarrasing to admit you need consultants to help you run your own business? If we need the help of consultants, why not just fire Penny and hire them into the role?

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Post ID: @bn+1jyhfpamz

I plan on having a bingo card for the next meeting, filled with buzzwords. I’ll reward myself after work. Also P can surely afford to get a tailored suit, right?

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Post ID: @b6+1jyhfpamz

All I heard was “I am accountable, but you will suffer.” That’s not holding yourself accountable. Who would follow a leader like this?

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Post ID: @b1+1jyhfpamz

@ae well she would have taken a 25% raise. The 20% raise is accountability. You think she wanted to make only $29 mill this year? You know how much sacrifice it takes to forego an extra $1.5 mill she could have made? It’s a tough life.

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Post ID: @ax+1jyhfpamz

@av This is beyond lame and they have no desire to actually read the room with any clarity to what’s next after the VSP.

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Post ID: @aw+1jyhfpamz

Hasan is reading a prewritten script over Zoom lol.

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Post ID: @av+1jyhfpamz

@as 🤣🤣 spiked koolaid drinking

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Post ID: @at+1jyhfpamz

@ar We would end up blacking out.

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Post ID: @as+1jyhfpamz

This town hall should be a drinking game, take a shot each time a BS buzzword is said.

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Post ID: @ar+1jyhfpamz

@ap That's easy $15-30MM each

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Post ID: @aq+1jyhfpamz

They should put the salary of the person that’s speaking above their head so we have a better idea of how much kool aid they have drunk.

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Post ID: @ap+1jyhfpamz

I don't think I can listen to this for an hour and a half...

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Post ID: @an+1jyhfpamz

She’s a nervous one

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Post ID: @am+1jyhfpamz

DC hands legit are shaking as he speaks….

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Post ID: @ak+1jyhfpamz

@af Right. They're just talking about their ambitions. Fu-k right off.

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Post ID: @aj+1jyhfpamz

@ag I was surprised Chubak even showed up to the home office. 100% expected him to pop up on Zoom.

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Post ID: @ah+1jyhfpamz

DC is such a clown. He's just vomiting jargon.

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Post ID: @ag+1jyhfpamz

@ac tone deaf doesn’t even seem appropriate. It’s inhumane! Whoever approved these comms should be the first reimagined!

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Post ID: @af+1jyhfpamz

Speaking of The Office, Penny keeps saying she takes accountability, like Michael Scott kept saying "I declare bankruptcy!"

Taking accountability is more than just saying "I take accountability". She admits she got us into the mess we're in. What are the repercussions? All I see is her compensation increasing year over year.

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Post ID: @ae+1jyhfpamz

Comparing eliminating jobs to the Cardinals building a new stadium is really something

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Post ID: @ac+1jyhfpamz

Will they share which GPs are actually gone though? Not seeing names or knowing everyone it’s hard to know. Would like to see a list.

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Post ID: @a9+1jyhfpamz

Crazy how out of touch P is. I guess that can happen when you design a space to sit on your own floor/balcony by yourself and surround yourself with people that only tell you how great you are.

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Post ID: @a8+1jyhfpamz

@a5 of course they’ll turn off commenting. The ELT doesn’t want to hear any real feedback, these are not serious executives.

I’m sure we’ll get to witness them high fiving each other for their shiny new org charts, explaining why they know best what role you should be in and why you shouldn’t have choice in where you were placed, and all about “hungry, humble hustle” culture.

This place is like a not funny version of “The Office”.

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Post ID: @a7+1jyhfpamz

Today is nothing. Mostly high level org layouts. ELT patting themselves on the back for a job well done. The actual layoffs come next.

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Post ID: @a6+1jyhfpamz

Will they turn off the chat feature - anonymous? Probably so. I remember the days when there were so anonymous many messages in those town hall meetings and it was NOT pretty.

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Post ID: @a5+1jyhfpamz

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