If my separation date is six months from now and I found a different job in the meantime which will start shortly after separation date, will I get paid VSP severance and on top of my new job?

For those who were offered VSP, do you get to keep your LP if you do not meet the Rule of 70?

I know so many people who would have jumped at the chance to take a VSP at any point, but now they would refuse it because of the state of the job market. There are no jobs out there. Or, let me rephrase that, there are no good jobs that are willing... — read more 

If the VSP works for me, I’ll take it. If not, I’ll do the bare minimum until I’m eventually picked for layoffs. Honestly, it blows my mind that anyone still thinks people here are motivated to put effort into their work. There’s no trust left in... — read more 

In PP's video, it feels like the entire narrative around "Reimagine Everything" has shifted since it was first announced. Today, PP is saying this VSP isn't about cost!! That's odd because originally, it was about achieving our ambitious 2030... — read more 

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... — read more 

So the “why” behind the Reimagined strategy has been shared as changing while we’re in a position of strength…but then 4:37 into today’s video from Penny, she admits that “she’s accountable for where we are today and for these decisions”. Which is... — read more 

How is the CFO qualified to lead digital/tech? How is the current COO qualified to lead the functions without ever having the experience? I don’t understand.

I know things su-k right now, but at least some people were given a chance to volunteer. I know plenty of folks who will happily take that option, which means fewer people who actually want to stay will end up being laid off. It's far from ideal, but... — read more 

Penny stood up and claimed she was accountable for the mess created by the 10 layers of leadership but let’s be honest, that’s just lip service. If she were truly taking ownership, then why are all the GPs still collecting bonuses and raises like... — read more 

I don’t see a point trying to salvage a job when they are just going to cut 3k. Might as well cruise until doomsday.

“If you want to retire at jones, you will retire at jones.” Can we actually say this with a straight face? I would like to know how PP and ELT explain away this.

Can anyone summarize the key points of Thursday’s leader only town hall?

It is kind of obvious. No original ideas from the start. Immediately engages consultants. Uncultured thieves enter. Hand over reigns. Culture - gone. Here we are.

What is the firm's strategy in doing the VSPs the way they are? The rule of 70 has a clear intention, but the across the board offer for all non-GP leaders seems strange. The way they presented the reimagining and some comments on previous threads... — read more 

To the Enterprise Reimagine Team- If you are serious about efficiency and speed-to-market, take a close look at the Digital Product organization. Product owners add zero value. Most are technically incompetent. All they do is push papers, try to... — read more 

Anyone have confirmed info on how the VSP release dates are going to work?

I have a decent (10 year) tenure with the firm. I know they say you will get severance package with involuntary separation as well. But I am hearing rumors that they could change that policy and offer a base 4 week severance (irrespective of years of... — read more 

Given the timelines for VSP vs risking involuntary separation, I'm not sure which works better for someone who doesn't meet the rule of 70... Would be interested in hearing what others think.

Any word on which GPs were Reimagined? Curious if there is any pattern, such as newer vs. tenured, St. Louis vs. remote.

The pay is far from what it should be, the work is boring, and management acts like we’re disposable. Every day feels like a punishment. Why do we put up with this? There’s got to be something better out there.

Anyone have any ideas or details on what’s going to be discussed at the All Leader Town Hall on Thursday?

200 words or less - career accomplishments . 200 words or less - career aspirations. Check boxes on skills . And this isn’t a large scale talent match???!!! I have two words for you - guess what they are. I am so done and ready for this to... — read more 

Has anyone attended a T1 Division update yet? According to the FAQs, we should be hearing more details about the VSP sometime in mid-May—so I’m thinking that could be this week. The Ops Division meeting is scheduled for Tuesday, and the DPM meeting... — read more 

In 2024, Edward Jones faced multiple lawsuits and settlements, including a $17 million settlement over customer transition fees, a lawsuit over expense reimbursement policies, and a lawsuit alleging reverse discrimination related to DEI policies... — read more 

Hello everybody at yhe McDonald on Manchester the lines is to long in the morning. Everybody getting tired of waiting for the egg mcmuffin. If they going to force us to come to the office somebody need to call this location and tell them to move... — read more 

Reimagined to include a large GP elimination. GP’s who would likely vote against going public to “retire”. Leaving enough votes to turn the tide to public. Chubak is the out of town hatchet man. Sorry, Ted. We had a good run.

Honestly at this point. I just want out. The job market is trash and I would still rather face that then continuing to work at Jones. I have never in my life worked for a firm that just has zero clue on what they are doing. They have no clue what... — read more 

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