How many in Core Service were cut? Were the layoffs based on metrics, performance, pay? What other departments that were advisor facing get hit? Did those that got cut get Severance? If so, how much and was it based on tenure, or was it a flat... — read more
Getting Rid of Top Performers with no emotion
I can't stand LPL . They lie in our faces. Quick to lay you off after working for the company almost 10 years. No reason other than multiple people will be cut. Didn't LPL just take on Commonwealth ??? Why the cuts?? Then in the severance email they... — read more
Sick company
Nothing like creating a new management level to promote execs into, then a few weeks later doing mass layoffs.
LPL does this all the time
LPL doesnt give a sh-t about their employees. They let go some of their top performers for what?? F^&* LPL
Trust your instincts going forward with LPL
There was a significant amount of gaslighting from the EVPs and SVPs levels in technology without a doubt. HR was a willing participant in this effort. Three class acts demonstrate this conclusion: No further actions anticipated after pausing... — read more
More Layoffs before end of January ?
Hearing these from multiple folks, does anyone confirm?
December 4th Layoffs
What departments got hit? How many people were let go approximately? Any idea of what will be happening to Service once the RMD season is over and more people get cross trained? Can the company afford to cut any more service staff? Also, does... — read more
What's going on with Dan Arnold??
Shock dismissial yesterday (Oct 1) of long-time CEO Dan Arnold. Anybody know what's going on?
Recent layoffs?
I have pending items and messages to employees with no responses? Shows them offline and no date of return??
Layoffs
Layoffs recently happened in Operations. I wonder if there are more to come????
How well we know about others laid off?
How soon will related teams know that their partners are gone? How do we find out about friends that are let go? I've never been close to people impacted by layoffs?
It Sucks Here
Clueless as-----s in Charlotte. This company needs an en--a!