Topics regarding layoffs at Edward Jones

Topics regarding layoffs at Edward Jones

I’m anxious about the upcoming layoffs

It’s not that I’m particularly attached to my job here. I’ve been with EJ for over five years, which feels more than enough. It’s a solid addition to the resume, but beyond a certain level of engagement, there’s not much on offer in terms of... — read more 

Instructions for 8/25

Our L3 GPs got instructions on what to do when delivering 1:1 message. They need to stay on video but associates don’t have to. Is it because they think associates will start balling? Also, they will offer associates time to absorb the news so... — read more 

Stressed

The only time at EDJ a secret wasn’t leaked early. Leadership, feel free to anonymously drop any info you know, please. This year has been tough waiting for this info but the alternative is getting a meeting request out of the blue and you’re gone... — read more 

Is it possible to return after being laid off?

A buddy of mine got laid off and was actually told by his company to reapply for his job a few days later. I didn’t even know that was a thing. Is that a thing at Edward Jones as well? Has anybody seen or heard of it happening? It makes no sense to... — read more 

The job market is rough for anyone over 50

Companies see experience as expensive and hire cheap, low-skill replacements. Even those who manage to land something end up with pay that's usually way lower than what EJ offered. The dedication and quality work people used to bring doesn’t matter... — read more 

Unionization

Serious question: seems like our leadership team has no idea what they are doing, never mind the chaos and uncertainty of ER. Why don’t we just unionize and take some power for the employees?

The Time to Stand Up Is Now

The firm cannot function without Limited Partners. We are the engine, the gas, the tires — everything that makes this machine move. The General Partners may steer the wheel, but we’re the ones doing everything else. And how do they thank us? By... — read more 

Moving assets

I just looked at the transfer and account closing fees at EDJ. They're really going to stick it to us when we take our accounts elsewhere.

Find another position?

I checked the external Edward Jones site for careers and there are only 11 jobs posted for headquarters. So much for finding another position. I’m not in the office right now, but a coworker said there were no headquarter jobs listed on the internal... — read more 

DEPPI

Amplify made me look at the org charts they sent in June and is it me or is Jones leadership now just PP and friends? Women, new yorkers and indians i guess. Even the few blacks got pushed out. When they went heavy on DEI I was fine with it. Been... — read more 

Conflicting Messages from leadership

Aside from the doublespeak (giving words different meaning), we were told the purpose of ER was to ‘reduce layers and increase spans’. We were told, ‘this isn’t about money or profits, the firm is doing great!’ But now we are being told each area has... — read more 

It wouldn't be the worst thing to be laid off

Things have changed so much. These days, promotions only go to people who repeat whatever leadership says. Used to be a place where new ideas mattered but now it’s safer to just nod along. You speak up and suddenly you are not on the list for... — read more 

Why even wait 10/11 days?

Clearly they already know who is staying or going. What is the point of announcing this now? I’d be fine with receiving the Amplify news and then receiving the “fate email” later today or tomorrow. But now we’re faced with 8-9 business days of faking... — read more 

ER …Reminder…

Don’t forget to clear your calendar after you learn of your fate on 8/25 or 8/26. They want to give you space to appreciate the moment and get you ready for the fun ride that’s to come.

PP must go!

Second quarter net new assets and household growth are both down. FAs are leaving. Home office productivity and morale are at an all-time low due to the 6 month enterprise reimagined debacle. This is a colossal failure of leadership. She has... — read more 

New EJ Contractors

I know some associates who hold MBA’s from accredited colleges/universities whose positions are now being performed by home based contractors in India. Does anyone know the employment qualifications for Indian home based contractors? Are they same... — read more 

ISP criteria

The ISPs will be communicated in a couple of weeks and I know many of us will be impacted. The cascade 2 process feels like a black box. I hope the ISP selection criteria is objective - i.e. based on criteria like skills, capabilities, performance... — read more 

Listen to your body

About six months ago I left my job at EJ after nearly 20 years and honestly it changed my life. The constant stress and toxicity were ki-ling me, to the point where my blood pressure was through the roof. Almost a year later, I’m off meds and feeling... — read more 

Need some updates!

I wish we could get an update. It would be helpful to know targets in each department. Wondering if it will impact leaders more than associates. Who’s going to do the work if they remove associates? Already super lean

WMFM open forum

Did anyone catch open forum yesterday? How come all of the L4 leaders of chuy so nervous? Chuck, Russ and di seemed to be so uncomfortable when they were answering questions.

Good days/bad days

I have my good days and bad days at the firm. Opted to not take the VSP and I'm torn. My mental health is important to me and so is providing food on the table and paying my bills; like everyone else. Won't let me guard down, but I'm certainly not... — read more 

It's different, but is it better?

When ER was first announced, I thought it could be a decent idea. Cut the bloated leadership, weed out the toxic people who are just here to ladder-climb, prune those who clearly don't carry their weight. Focus on work that helps our branches and... — read more 

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