Thread regarding Edward Jones layoffs

Can we volunteer for a VSP?

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 have lost all trust in a once great company. Does anyone think there is a possibility of a volunteer VSP? For example, if in the end they haven't met the 3,000 quota.

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Post ID: @OP+1jvmhkrre

9 replies (most recent on top)

The VSP was offered to 3,000 HQ but they only are expecting hundreds to take it. I’ve heard they want 850 to take it but that is just a rumor.

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Post ID: @kn+1jvmhkrre

I have heard 3,000 were offered because that is the number they would like to get to for HQ reductions. Is this not true?

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Post ID: @gc+1jvmhkrre

The VSP was offered to 3000 people.

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Post ID: @g4+1jvmhkrre

No idea where this 3,000 number keeps coming from. The firm isn’t exiting 3,000 people.

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Post ID: @g2+1jvmhkrre

EDJ and its leaders can su&k a bag

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Post ID: @f5+1jvmhkrre

Only take the VSP if it makes sense for you and your family. Definitely make EJ pay you to leave.

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Post ID: @dh+1jvmhkrre

I would take the VSP. This has changed my view on the firm. The culture will never be the same after this in my eyes.

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Post ID: @b4+1jvmhkrre

Perhaps a better question is will they change the VSP criteria if 3000 is not met and look at tenure vs. age + tenure

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Post ID: @a2+1jvmhkrre

Not a chance. ELT is calling the shots. There is no way they are going to voluntarily give a chance to lose control. This venture is being very systematically choreographed as to not lose control and do it their way with minimal lawsuits.

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Post ID: @a1+1jvmhkrre

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