Thread regarding Edward Jones layoffs

What Happened to Doing What’s Right?

I never thought I’d see the day where Edward Jones turned into just another corporate machine. The same firm that preaches about “purpose” and “caring for people” just tossed hundreds of loyal employees aside like they were nothing.

Penny stands on stage talking about culture, humanity, and doing what’s right, but where was that when real people lost their jobs? Where was the compassion when the folks who gave everything to this firm got a calendar invite and a script?

They say “we’re one Edward Jones family.” Really? Because families don’t abandon their own while the top leaders keep cashing seven-figure checks. Penny took home close to $30 million last year. That’s not leadership. That’s greed dressed up as vision.

People here used to believe in something. We believed that this place was different, that we treated clients and coworkers with respect. But now it’s just buzzwords and hypocrisy.

The worst part? So many good people still inside feel stuck, scared to speak up, and scared to lose the job they’ve given years to. Even GPs… The silence says it all.

To everyone who got cut: you deserved better. You carried this firm. Don’t let this break you. The problem isn’t you, it’s a leadership team that forgot what it means to lead.

Edward Jones can say whatever it wants in the press. But inside these walls, people know the truth.


by
| 842 views | | 3 replies (last October 30) | Reply
Post ID: @OP+1k8fggsbr

3 replies (most recent on top)

@h4 Sorry to hear. Culture isn’t what it used to be. Penny wants her money and thinks of associates as overhead she can cut when convenient. Sad times and plenty more ahead.

by
| | Reply
Post ID: @vj+1k8fggsbr

Thank you. After almost 20 years, I was shown the door. I had like 59 sick days I didn’t take and lost. Because I actually cared and would work when being sick. What a mistake. I regret being loyal to a fault. I applied for three more internal roles (and so have many others I know that were ISP’d) and NOT A SINGLE ONE OF US got hired. A lot didn’t even get an interview. So much for us getting priority, eh?

by
| | Reply
Post ID: @h4+1k8fggsbr

@op You are correct. Penny wants associates to live up to higher standards than herself and the people at the top. People who spent decades at Edward Jones helped this company reach record net income and this is their reward. People training their Indian replacements and then being cut loose. People being cut loose via a thirty second Zoom meeting. Being immediately barred from the building with their personal belongings inside that you have to wait weeks to make an appointment to retrieve and then be taken on a perp walk by security to retrieve their personal belongings. Does Penny not understand why people are upset with her? This has been a complete 180 degree shift in how people are treated. Do not trust Penny. Penny is evil. Penny prays to wealth and money. Ted said money has never been his God. Money is definitely Penny's god. She is a sad little person.

by
| | Reply
Post ID: @bq+1k8fggsbr

Post a reply

: