large number let go in Memphis and a few more in IT. When will it stop.....I know.....when someone goes back to their native land.....should be an interesting IT Department meeting soon

does anyone know the number of employees rightsized in June? I heard 50 in Fixed Income. Also heard the cuts were operations only and included jobs in Memphis.

More people have resigned this last week ..One going to Tower "5" , but in this case his resignation will actually improve RJ IT by leaving.

so I see that they are sponsering celebration station....maybe we can get Bella on the bumper cars.....

Get ready for more development work to be sent to Russia, just let Bella know that you speak Russia and will work for 1/3 of the pay and then you will be fine

Anyone still at RJ feeling the fun and pain of this past weekend where they moved all of development to Denver. Fun time connecting today. Took hours to figure out. Doesn't anyone see how weak management is below Bella. They are all quaking in their... — read more 

Any truth to 60 employees let go last week? Heard it was Memphis site.

Mr James Bella does not seem to be a good fit for the organization. It took 50 years to build and become a top workplace and took less than 2 years to no longer be a top workplace.

Mr James Bella does not seem to be a good fit for the organization. It took 50 years to build and become a top workplace and took less than 2 years to no longer be a top workplace.

I left as part of the IT layoffs in April, and I could not be happier to have left and gone to another company. The new company treats their employees with respect and appreciation !!. It is interesting that so many of us have found jobs that are... — read more 

A LOT of tenured people still with RJ are lining up other options. THIS is the beginning of the end of competence at our beloved firm. For those that found new firms, any recommendations on where you found a company with better culture?

so few people that know what is going on are now doing so much and nobody in senior management knows or if they do they don't care. Sooner or later there is going to be a major issue and when senior managment tells lower management to fix it there... — read more 

so few people that know what is going on are now doing so much and nobody in senior management knows or if they do they don't care. Sooner or later there is going to be a major issue and when senior managment tells lower management to fix it there... — read more 

Where happened to the layoffs that was to occur a few weeks ago? Maybe a change of heart? The atmosphere is still horrible and we see very few non hourly people putting in the extra effort like we used to. No more loyalty, just a paycheck now.

Why is CSS and/or SIS about to implode? Does IBM have a solution for these apps also?

If you really want to save some money, lay off the people allowed to work from home on regular business days. You will eliminate your least productive workers and some of the most expensive ones at that. Also you will become much more popular with... — read more 

fyi, Wednesday 6/26/13 1:02 PM. Thanks! I've been thinking that I had an obligation to do well by RJ, but you're right....time to find another place. So I'll just smile, do my thing and then walk out the door without a single look back. :) Between... — read more 

Getting paid 3mil to layoff the little people! How disgusting. And she can't manage an IT Dept., either. She should be laid off too!

Bellas is in a 3 mil range

Being let go has become a blessing. No more stress, no more power hungry egos, found a company that cares and pays way better then Ray Jay. That place is no longer what it use to be and that is not a good thing. Bob would not have stood for this and... — read more 

How much money do Bella and Paul make, and does their job performance merit it?

Layoffs and terminations always seem to be on payday! If it happens, it isn't the end of the world. I quit RJ a year ago and life does go on. There are healthy work environments out there that will treat you like an adult and will appreciate you and... — read more 

The ops layoff is this week since this is the last week of the quarter. Most likely FRIDAY, since that will give the remaining staff time to "cool off" over the weekend.

New wave of layoffs imminent

So many recruiters are calling people that left in April to get referrals of people that are trying to leave RJ. The Operations people will have a harder time finding jobs than the IT people. There are two VP's in operations that only have HS... — read more 

Good thing Southfield is a backup, Bwahahaha

I currently work in Operations and the amount of stress is unbelievable. there are several contractors that are being hired on in my department currently and brand new associates being trained to do things that are a level 2 and higher. However some... — read more 

I currently work in Operations and the amount of stress is unbelievable. there are several contractors that are being hired on in my department currently and brand new associates being trained to do things that are a level 2 and higher. However some... — read more 

Smart move, but one can hardly call it "leadership".

After almost 15 years at RJ, I've started applying at other companies. :-( I can't support this leadership team

if you are working in the Operations area, you will not be working there for much longer!! The headcount list is finalized of who is going to be reduced. Thom better start looking for a new job !

RUN!

A sure sign of a sinking ship or the RJ version of "Who's on First": From: David Allen Sent: Friday, May 31, 2013 3:04 PM To: IT-ALL Cc: Eileen Schneider Subject: Organizational Announcement In order to better align our infrastructure teams with our... — read more 

Paul Reilly has nearly ~$6,900,000 worth in shares of RJF stock.... Sure, there may be some restrictions on what he can do with it, but still...they cut all those jobs to help the bottom line...but the lines on these holdings haven't budged. Major... — read more 

the shareholders individually own less than 50% of the company. the vast majority of the voting shares are in the hands of Tom and a handful of capital investment firms.

That comment about the shareholders is interesting. I wonder how what percentage ownership employees have? I'll bet it's significant.

Could the Shareholders not kick the 'comrade' to the curb?

The work work play is now work work and get layed off!! The Fall Charity fair fundraiser was cancelled because everyone was busy with the MK conversion. During the conversion, there were people working weekends, late nights and have to come in at... — read more 

It has been so sad to see what has happened to the spirit of the working class Raymond James employee. Yes, I'm still there but believe me I am looking and when the chance comes I'll be gone. No more 10 hour days, no more weekends without thanks, no... — read more 

well it has been a few weeks. Let me tell you what it is like to work in IT today. It used to be that the parking lot had many cars in it at 6, 7PM. Today it is empty at 5PM. Wonder how much RJ has lost in peoples loyalty and no longer caring what... — read more