Topics regarding layoffs at Edward Jones

Topics regarding layoffs at Edward Jones

Founder's Day 2025

I know Founder's Day was supposedly put on a hiatus during the pandemic, but leadership said they were going to bring it back or something to replace it once the world opened back up. Once the pandemic was over Penny was the new managing partner. ... — read more 


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| 870 views | | 6 replies (last October 30)
Post ID: @OP+1k6zqszcy

No matter how hard you worked, no matter how much you believed in the firm before, you can never feel safe again.

I've been working at Jones for nearly my entire professional career, right out of college, for the past decade. I worked hard to prove myself in the eyes of leadership and my peers. Copious amounts of overtime, volunteering for more work repeatedly... — read more 


Inhumanity

It was bad enough we didn't get to say goodbye to those they threw out of the firm as the firm asked us all to stay home to receive calls. We found out if you were laid off you were immediately banned from the building like you were a criminal. ... — read more 


BOA.... Series 7

Is it true starting in January and beyond; if a BOA wants to work at a branch the BOA needs the Series 7? If so, is this a way for the firm to cut overhead at the branch level?


Layoffs

On a recent visit to Home office, I noticed an open bar (with paid servers) providing free beer and wine each evening we were there. I’m at a bit of a loss as to how this helps clients and why it is better to have this than the home office... — read more 


Subject: 200+ Monthly Terminations, “Voluntary” Severance, and Potential WARN Act Violations

Over the past several months, it’s clear the company has been consistently laying off employees — roughly the same number each month, almost like clockwork. While leadership has publicly acknowledged these reductions, there are a few things don’t... — read more 


Asset bleed

There is constant talk about assets bleeding. Fingers point from above on what is not being done by areas and departments of the firm to motivate the field to improve. I would be curious the impact of Enterprise Reimagine to clients leaving who may... — read more 


Gold/diamond employee pins

I’m an ex-employee with several gold anniversary pins with diamonds in them. Anyone know whether these have any value, even if to a jeweler who’d melt them down? I have no use for them and would love to at least get enough money out of them for a... — read more 


How the mighty have fallen…

Anyone catch the trimester update yesterday and enjoy watching Penny feigning “empathy” while standing in her $5k custom spray painted EJ blazer? God what a pathetic excuse for an executive. She and the ELT live in a complete bubble! Disgusting.


WOW

This week so far has been a Charlie Foxtrot. Leaders aren’t ready for their new team. In Service Division, our schedules are a mess, huddles are scheduled where there shouldn’t be one, 1:1s not taking place with new leaders, etc. Who thought this was... — read more 


Updated Capital Structure

Has anyone heard any news or details on the updated capital structure that was alluded to being explored to back in March? The only thing I've heard is that those leading the work have been going around to GPs and SLPs to get their feedback and... — read more 


Where are the jobs?

"roles open the week of September 8th." Really? Nothing today, apparently...not like they didn't have months to figure this out. Perhaps there will be scarce roles and hundreds of demoted and ISP'ed people picking over them.


HBA WARNING

If you are a HBA - time is limited. Going forward in office roles are preferred and HBA roles will only be allowed to apply internally if approved by ELT. What a terrible experience for those of us who were hired as HBA. I would’ve stayed with my... — read more 


EJ App/Online Access Outage

I can't log into online access to see my accounts via the app not the website. I expected things to break but I figured it would be internal processes and products...not a client facing outage with no communication. Does anyone have more info on... — read more 


Layoffs are not temporary

I can’t imagine anyone genuinely thinking layoffs at EJ are temporary. The patterns are clear, and it’s only going to get worse unless leadership takes a serious look at long-term planning. Face it folks. Layoffs are here to stay.


More clarity soon?

I wonder if there will be more clarity soon? Seems like there still needs to be some things figured out with how teams are aligned now.


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