Is Tim still around or has his departure been announced?

I stumbled across the Edward Jones History book today (searchable on JonesLink) and found this fun tidbit about layoffs when Ted Jones was in office. This is not marked as internal use only. “In 1968, Ted called the auditors in for an emergency... — read more 

Why does EJ hire ambulance chasing failures that have zero financial literacy? We then elevate them to special DEI coordinator positions. These types of hires do nothing but cost the firm money and provides zero amount of service to clients.

My manager forwarded one of those "hustle culture" motivational emails yesterday, and I almost replied with my resignation letter. Why do we pretend burnout is a badge of honor? I miss the days when "quiet quitting" was just called "working your... — read more 

Tough to post as this may be my last as an associate of Edward Jones. I’m a Christian, and I know many of you are too (and if not that’s absolutely ok), so wanted to just start with a verse of the Holy Bible, it reads: Matthew 11:28: “Come to me... — read more 

Do we think this will happen if they do not have enough leaders/Rule of 70 take VSP? When do we think VSP & ISP will be offered to associates (non-leaders)?

"Invest for the long term, don't engage in speculative short term 'gambling'." I'm forced to take a gamble on my livelihood; should I take the VSP, knowing they may say no you can't have it or should I take a gamble that they won't terminate me with... — read more 

I've only been with the firm for a short amount of time, but from what I've gathered about Ted, I would suspect he would've been on the ground himself and probably pulling GPs and FAs out of the office to help clean up while putting all the pressure... — read more 

One needs to start questioning the $1 million dollar patio renovation for Penny patio.......

They’ve talked about being human centered during times of layoffs. I am on my division calls where only thing I see are scared and sad faces. Is this the best way to treat our people? I realize that the org is bloated. Our leaders are at fault... — read more 

Senior management insists that the Voluntary Separation Program is not about money, yet offering a VSP to 3,000 employees tells a very different story. One that no amount of corporate messaging can cover up. Especially when the company proudly... — read more 

If my separation date is six months from now and I found a different job in the meantime which will start shortly after separation date, will I get paid VSP severance and on top of my new job?

For those who were offered VSP, do you get to keep your LP if you do not meet the Rule of 70?

I know so many people who would have jumped at the chance to take a VSP at any point, but now they would refuse it because of the state of the job market. There are no jobs out there. Or, let me rephrase that, there are no good jobs that are willing... — read more 

If the VSP works for me, I’ll take it. If not, I’ll do the bare minimum until I’m eventually picked for layoffs. Honestly, it blows my mind that anyone still thinks people here are motivated to put effort into their work. There’s no trust left in... — read more 

In PP's video, it feels like the entire narrative around "Reimagine Everything" has shifted since it was first announced. Today, PP is saying this VSP isn't about cost!! That's odd because originally, it was about achieving our ambitious 2030... — read more 

I'm sickened by the 3,000 number. Honestly I wish I would be on the VSP list but my age + tenure = 65. Now I'm going to be left to take on even more work with the possibility of an ISP in the future. Where does this leave the people in the middle? I... — read more 

So the “why” behind the Reimagined strategy has been shared as changing while we’re in a position of strength…but then 4:37 into today’s video from Penny, she admits that “she’s accountable for where we are today and for these decisions”. Which is... — read more 

How is the CFO qualified to lead digital/tech? How is the current COO qualified to lead the functions without ever having the experience? I don’t understand.

I know things su-k right now, but at least some people were given a chance to volunteer. I know plenty of folks who will happily take that option, which means fewer people who actually want to stay will end up being laid off. It's far from ideal, but... — read more 

Penny stood up and claimed she was accountable for the mess created by the 10 layers of leadership but let’s be honest, that’s just lip service. If she were truly taking ownership, then why are all the GPs still collecting bonuses and raises like... — read more 

I don’t see a point trying to salvage a job when they are just going to cut 3k. Might as well cruise until doomsday.

“If you want to retire at jones, you will retire at jones.” Can we actually say this with a straight face? I would like to know how PP and ELT explain away this.

Can anyone summarize the key points of Thursday’s leader only town hall?

It is kind of obvious. No original ideas from the start. Immediately engages consultants. Uncultured thieves enter. Hand over reigns. Culture - gone. Here we are.

What is the firm's strategy in doing the VSPs the way they are? The rule of 70 has a clear intention, but the across the board offer for all non-GP leaders seems strange. The way they presented the reimagining and some comments on previous threads... — read more 

To the Enterprise Reimagine Team- If you are serious about efficiency and speed-to-market, take a close look at the Digital Product organization. Product owners add zero value. Most are technically incompetent. All they do is push papers, try to... — read more 

Anyone have confirmed info on how the VSP release dates are going to work?

I have a decent (10 year) tenure with the firm. I know they say you will get severance package with involuntary separation as well. But I am hearing rumors that they could change that policy and offer a base 4 week severance (irrespective of years of... — read more 

Given the timelines for VSP vs risking involuntary separation, I'm not sure which works better for someone who doesn't meet the rule of 70... Would be interested in hearing what others think.

Any word on which GPs were Reimagined? Curious if there is any pattern, such as newer vs. tenured, St. Louis vs. remote.

The pay is far from what it should be, the work is boring, and management acts like we’re disposable. Every day feels like a punishment. Why do we put up with this? There’s got to be something better out there.

Anyone have any ideas or details on what’s going to be discussed at the All Leader Town Hall on Thursday?

200 words or less - career accomplishments . 200 words or less - career aspirations. Check boxes on skills . And this isn’t a large scale talent match???!!! I have two words for you - guess what they are. I am so done and ready for this to... — read more 

Has anyone attended a T1 Division update yet? According to the FAQs, we should be hearing more details about the VSP sometime in mid-May—so I’m thinking that could be this week. The Ops Division meeting is scheduled for Tuesday, and the DPM meeting... — read more 

In 2024, Edward Jones faced multiple lawsuits and settlements, including a $17 million settlement over customer transition fees, a lawsuit over expense reimbursement policies, and a lawsuit alleging reverse discrimination related to DEI policies... — read more 

Hello everybody at yhe McDonald on Manchester the lines is to long in the morning. Everybody getting tired of waiting for the egg mcmuffin. If they going to force us to come to the office somebody need to call this location and tell them to move... — read more 

Reimagined to include a large GP elimination. GP’s who would likely vote against going public to “retire”. Leaving enough votes to turn the tide to public. Chubak is the out of town hatchet man. Sorry, Ted. We had a good run.

Honestly at this point. I just want out. The job market is trash and I would still rather face that then continuing to work at Jones. I have never in my life worked for a firm that just has zero clue on what they are doing. They have no clue what... — read more