With OC next up to be "re-imagined" and pending layoffs in May/June, I would think they shared something of note...

Edward Jones Advice to prepare for being laid off. https://www.edwardjones.com/sites/default/files/acquiadam/2023-11/RES-17218-A.pdf

Any chance that we will get rid of the Agile nonsense? I swear Product Managers and Product Owners are useless. Could save quite a bit eliminating those roles and replacing with some competent project managers.

Has anything been leaked as far as what the VSPs will look like? Anyone know what ops were offered? I’ve heard 2 weeks per year of service, plus job placement support, but idk how true that is.

Anyone have any insight into who will be offered the new VSP? PP said in her video that the criteria would not be the same as the one in Operations, but I listened in on a town hall and a member of the ELT implied it would be Rule of 70 and addressed... — read more 

EJ sent out a reminder that every associate and GP who live within a commutable distance is to report to the office at least three days per week. This will continue through Trimester 1 2026. You can bet it will be increased to more days per week... — read more 

Does anyone know what will be discussed on the townhall meeting set for this week? I feel like people are being dodgy when asked about it.

Will there be more any time soon?

Question for the group. 10-15% of home office associates are likely to get severance packages this year. If you are given a package, will you remain a Edward Jones client? I personally will not pay over 1% AUM on my fee based account for the... — read more 

I have talked to many partners who are appalled by the decisions that are being made right now. Why not consider a no-confidence vote for the MP? These types of votes have happened at other firms, couldn’t it happen at EJ? I’d like to believe Ted... — read more 

I'm really anxious about losing it. First, the job market is rough right now. Second, my team is great, and I genuinely enjoy going to work. Third, I have too much going on in my life at the moment to dedicate the time and energy needed to find... — read more 

I am certain GPs and Directors will get a nice fat severance. The rest will get a paltry 2 weeks/year. The folks who will feel the financial pinch more will get less in severance. Not sure how this is human centered.

Old Man Frank Laquinta and Lena “ the spy” Haas are “retiring” and will be gone. Don’t let the door hit ya where to good Lord split ya!

Hello everybody many people today is stress out about layoffs, high maintenence customer, rude manager etc. Below us several thing you can do to help feel blessed no matter what the day throws your way for a healthy vegetable and fruit snack get... — read more 

So hearing there is a GP meeting today to share ELT changes. Anyone want to wager on winners and losers? I’m betting that the poorest leaders around PP’s table will remain. This is about the only thing she has been consistent in - tolerating weak... — read more 

We know some people are trying to wait it out. However it seems that people who did nothing prior to ER are now using all their time to su-k up to GPs and backstab their colleagues. Other good people are so disgusted (and principled) that they'll... — read more 

Hey all, I'm a team leader in tech and I wish I had any info on if I am good or not. I manage a pretty big team today (40+) and I'm constantly busy in the right way. Before coming to EJ I lived through these types of layoffs in other companies and... — read more 

As a current Jones FA, I can confidently say that there has been a steady decay in the trust of Penny and her executive team. Under her “leadership” the firm has declined in every area except AUM. Under her “stewardship” the firm has gone from... — read more 

Edward Jones people- I'm talking to the ones that didn't drink the Kool-aid but were still proud to say you worked at Jones. I feel like we have been infiltrated by the enemy. Like what happens when African bees take over the regular hive. We are... — read more 

Taking a moment to appreciate the top notch team that Penny has assembled to help her reimagine EJ: Lisa D: The tenured GP among the team who leads functions that will be familiar to branches such the Service Division (trainwreck), Real Estate... — read more 

Hello from Reimagination Land! It's too bad we are so isolated from FA's. I really feel as an associate and also as a client with Edward Jones you FA's should absolutely be concerned with the new quality of care you will be receiving. Do you think... — read more 

Had the third managing partner, now deceased, tell us at onboarding if we wanted to retire from Jones we could. Company currently has record long-term profitability levels. Current managing partner is internally asking for associates empathy while... — read more 

“St. Louis, we have a problem” https://nypost.com/2025/04/04/us-news/edward-jones-is-secretly-doubling-down-on-dei-whistleblower-reveals/

Increasing from #31... based on 2024 surveys... after they announced RTO... I call bullsh-t or it was waaaay overindexed to field responses. That doesn't align at all with CES results.

Since the announcement, have any associates been let go or have any roles been eliminated? It’s been weeks since they said this, but there hasn’t been any information since then.

Follow me here.. Edward Jones practices Responsibility Based Performance Management which means, in short, that each associate is responsible for their own development and fulfillment of their responsibilities. Okay.. All Edward Jones associates are... — read more 

It’s so incredibly sad to see how the staff local to St. Louis is being treated. Even from the beginning when they started hiring people all over the US. there are plenty of qualified people in the local area. It’s a detriment to the local economy... — read more 

It’s bad enough we have the layoffs hanging over our heads. Now we have some of these GPS trying to aggressively save their own skin and throw others into the fire.

How many of us will be fired or laid off to pay for this increase in pay? I have no doubt that this will result in some cuts. It's always us who end up paying for those at the top, whether it's something like this or to make up for another one of... — read more 

https://www.advisorhub.com/edward-jones-hikes-ceo-penningtons-pay-almost-16-to-29-million/ Wow Just wow

David Chubak and Ryan Littlemore should be in the St. Louis home office location three days per week like the rest of us. No more hiding in NYC the whole work week on Zoom meetings.

The timing of these announcements is outright hilarious

It's official... it's so over for EDJ. Penny has aligned EDJ with the other F500s to implement an array of change that just about every corporation has/is done/doing. We're not a special company anymore... we toe the line. So if Penny's ridiculous... — read more 

Are there any indications that HBA(Remote) associates will be impacted more than St Louis based associates?

Does anyone have a copy of the announcement? Need to see if the wording is consistent for everyone.

No wonder why they keep hiring people that refuse to live in St Louis. They can cut us and not feel guilty. Firm is being destroyed by McKinsey and Penny.

I have been hearing that the firm could offer early retirement option to folks near retirement as a part of the reimagine process. What does early retirement mean? It is not like we have a pension program.

Does anybody know when the layoffs will start? I'm hoping it's going to happen soon to avoid too much unnecessary stress. Even if I'm on the list, I'd rather know right now so I can figure out what to do next instead of waiting and wondering for who... — read more 

i have been with the firm 4 years and we have too many people only working at 25% percent capacity. they should have done it long ago. some of the laziest entitled people i've ever seen