Thread regarding Edward Jones layoffs

@mv They want an echo chamber, that's all. If you don't conform or do any critical thinking that does not align with the PP "mandate," you're out.

@mt wow. the one time someone from ELT has a moment of honesty, they get forced out. sounds about right.

@jm lol it's like when F.laquinta was in a townhall talking about how we will never be a public company. 3 minutes later he drops a bo-b that LPL financial had no interest in buying us. It was a very odd thing to say. Shortly after, Frank was asked to retire from EDJ and nobody ever saw a public showing from him. No retirement party either or good bye email.

@kf Right! I think too many people give PP a pass because of that whole “oh gee, howdy, y’all” act, like it somehow excuses or masks everything.

Let’s be clear: she brought these people in. She signed off on every terrible decision. At any point, she could have said “no” - and didn’t.

Honestly, it’s not even a stretch to think this has been her vision for HER version of Edward Jones all along, just kept behind closed doors until recently.

She’s not separate from it, she’s right there with the worst of them.

@jm Let the mask slip didn't they?

PP, KJ, DC, HM, and SM are the worst things to ever walk into the firm. It's sad how a handful of vile human beings can so negatively impact thousands.

Let a client at my new firm know why Im bot going back to Jones and about the changes they have made (like India).

Response: "I have a friend at Jones. I don't think he will be happy hearing this information."

@ja Never forget when Chubak let it slip on a townhall that “we should be grateful we have our jobs”.

Not surprisingly, that was the last time live Q&A and Zoom comments were allowed during a townhall.

They have all been going over to india too much and now they want us to mimic those sh1+ conditions. Or, they will start using the lines like "be grateful we let you work here, starving people in india would love to take your job." Leadership here has completely lost its effing mind and morals at this point. Home office needs to be sprayed with holy water or something

The tide shifted several years ago when "Human Resources" was rebranded to "Human Capital". We're not people any longer, haven't been for a long time. Instead, firm leaders see us all as "tools" to get the job done, where we are numbers on a spreadsheet, not people sitting at desks, doing the work, supporting ourselves and our families.

Firm leaders don't give a d@mn about us, only their obscene paychecks and they don't care who they step on, minimalize, p!ss off or drive to su-c-de, just as long as they get their 8-figure payouts.

^^^^^ This 1000% ^^^^^

This is toxic, narcissistic leadership that truly think they're in the right, double-down on their decisions due to arrogance, and care far more about the sorts of things that Wall St. would care about and their own recognition and reward above all else.

On the rare chance the culture improves it will be because the job market or level of retention decreases enough forces them to, and that will only be temporary. It will never be due to their "vision" or "leadership morals", but as an act of self-preservation and short-shortsightedness.

I would encourage you all to let what this firm was go. We/you have every right to be angry; we were lied to, betrayed, and trust and respect was lost, but don't play into their games and do whatever is best for you. Do reward them with loyalty or going the extra mile.

Heck, they only care about pleasing branches up until the point that it continues to benefit them. Otherwise, they'd treat them the same as Home Office.

There is no ONE Edward Jones anymore.