Thread regarding Edward Jones layoffs

EJ Layoffs - Media Roundup 8/26 at 5PM CDT

Title: Edward Jones begins layoffs, including at its headquarters
Link: https://www.spokesman.com/stories/2025/aug/26/edward-jones-begins-layoffs-including-at-its-headq/
Source: The Spokesman-Review
Date: 2025-08-26
Time UTC: 18:53
Domain: www.spokesman.com

Summary: Edward Jones employees began receiving layoff notices on Monday as the company moves forward with a workforce reduction first announced in..."

Title: Edward Jones plans layoffs amid restructuring efforts
Link: https://fox2now.com/news/missouri/edward-jones-plans-layoffs-amid-restructuring-efforts/
Source: FOX 2
Date: 2025-08-19
Time UTC: 21:53
Domain: fox2now.com

Summary: Edward Jones plans layoffs amid restructuring efforts ... ST. LOUIS – Edward Jones, the financial services firm headquartered in St. Louis County,..."

Title: Edward Jones layoffs about to hit employees, home office staff.
Link: https://www.investmentnews.com/wirehouses/edward-jones-layoffs-about-to-hit-employees-home-office-staff/261746
Source: InvestmentNews
Date: 2025-08-19
Time UTC: 21:53
Domain: www.investmentnews.com

Summary: Edward Jones layoffs about to hit employees, home office staff ... It is not clear how many employees will be affected, but none of the private..."

Title: Edward Jones begins layoffs, including at its Des Peres headquarters
Link: https://www.stltoday.com/news/local/business/article_66d99722-68e4-41b7-9b55-0cb0b864fe51.html
Source: STLtoday.com
Date: 2025-08-25
Time UTC: 21:53
Domain: www.stltoday.com

Summary: The layoffs were announced in March but are taking place this week."

Title: Edward Jones planning layoffs before the end of August
Link: https://www.msn.com/en-us/money/other/edward-jones-planning-layoffs-before-the-end-of-august/ar-AA1KxJgY?apiversion=v2&noservercache=1&domshim=1&renderwebcomponents=1&wcseo=1&batchservertelemetry=1&noservertelemetry=1
Source: MSN
Date: 2025-08-24
Time UTC: 21:53
Domain: www.msn.com

Summary: Edward Jones will reduce the size of its home office that employs more than 9,000 people by the end of this month, but it's unclear how many will lose their..."

Title: Edward Jones Plans Home Office Layoffs This Month
Link: https://www.thinkadvisor.com/2025/08/18/edward-jones-plans-home-office-layoffs-this-month/
Source: ThinkAdvisor
Date: 2025-08-19
Time UTC: 21:53
Domain: www.thinkadvisor.com

Summary: Edward Jones Plans Home Office Layoffs This Month ... Edward Jones has issued an internal memo indicating it will unveil cuts to home office staff..."

Title: Edward Jones layoffs to hit before end of month
Link: https://www.bizjournals.com/stlouis/news/2025/08/14/layoffs-loooming-at-edward-jones-before-month-ends.html
Source: The Business Journals
Date: 2025-08-12
Time UTC: 21:53
Domain: www.bizjournals.com

Summary: Story Highlights · Edward Jones will reduce home office staff by Aug. 26. · Layoff numbers and locations remain undisclosed by the company."

Title: Edward Jones confirms plans to carry out layoffs in its ‘home office’ – here's why - Hindustan Times
Link: https://www.hindustantimes.com/world-news/us-news/edward-jones-confirms-plans-to-carry-out-layoffs-in-its-home-office-heres-why-101755419506334.html
Source: Hindustan Times
Date: 2025-08-19
Time UTC: 21:53
Domain: www.hindustantimes.com

Summary: Louis County, has planned to carry out layoffs as part of a companywide restructuring effort. The company says on its website that it has “..."

Title: Edward Jones layoffs set to begin by end of the month
Link: https://citywire.com/pro-buyer/news/edward-jones-layoffs-set-to-begin-by-end-of-the-month/a2472224
Source: Citywire
Date: 2025-08-19
Time UTC: 21:53
Domain: citywire.com

Summary: In March, Edward Jones announced it had started what the firm says will be a 'multi-year initiative' to restructure the business, which will..."

Title: Edward Jones’ “Enterprise Reimagined” Puts 9,000 Support Jobs at Risk
Link: https://stlawyers.ca/blog-news/edward-jones-reorganization-job-cuts-2025/
Source: Samfiru Tumarkin LLP
Date: 2025-08-20
Time UTC: 21:53
Domain: stlawyers.ca

Summary: Edward Jones is moving ahead with a significant internal overhaul — and thousands of employees who support its 20,000 financial advisors..."

Title: Edward Jones to layoff local employees during restructuring
Link: https://www.firstalert4.com/2025/03/12/edward-jones-layoff-local-employees-during-restructuring/
Source: First Alert 4
Date: 2025-03-12
Time UTC: 00:00
Domain: www.firstalert4.com

Summary: Edward Jones is restructuring, which will include laying off employees. Wednesday afternoon, a spokesperson for Edward Jones sent First Alert 4 the below..."

Title: Edward Jones Laying Off Home Office Workers Amid Restructuring
Link: https://www.wealthmanagement.com/ibd-news/edward-jones-laying-off-home-office-workers-amid-restructuring
Source: WealthManagement.com
Date: 2025-03-13
Time UTC: 00:00
Domain: www.wealthmanagement.com

Summary: Edward Jones, one of the country's largest brokers/dealers, has started a multi-year restructuring of its home office team in St. Louis, which will lead to..."

Title: Edward Jones will cut 'home office structure' in multi-year move
Link: https://www.ksdk.com/article/news/local/business-journal/edward-jones-will-cut-home-office-structure-multi-year-move/63-f1e93bac-4182-40d7-b42b-ba47204c5326
Source: KSDK
Date: 2025-03-12
Time UTC: 00:00
Domain: www.ksdk.com

Summary: Edward Jones said Wednesday that it plans to reduce the size of its home office, but didn't provide details on whether that would trigger..."

Title: Edward Jones to layoff local employees during restructuring
Link: https://www.msn.com/en-us/news/us/edward-jones-to-layoff-local-employees-during-restructuring/ar-AA1ANz9q?apiversion=v2&noservercache=1&domshim=1&renderwebcomponents=1&wcseo=1&batchservertelemetry=1&noservertelemetry=1
Source: MSN
Date: 2025-08-19
Time UTC: 21:53
Domain: www.msn.com

Summary: ST. LOUIS, Mo. (First Alert 4)—Edward Jones is restructuring, which will include laying off employees. Wednesday afternoon, a spokesperson for Edward Jones..."

Title: Layoffs looming in wild 2025?
Link: https://www.investmentnews.com/ria-news/layoffs-looming-in-wild-2025/260152
Source: InvestmentNews
Date: 2025-04-16
Time UTC: 00:00
Domain: www.investmentnews.com

Summary: Wealth management job cuts at Edward Jones and Morgan Stanley are linked to a sinking stock market, tariff battles and the unknown, say industry executives."

Title: 2024 income and assets up as layoffs loom at Edward Jones - Bizwomen
Link: https://www.bizjournals.com/charlotte/bizwomen/news/latest-news/2025/03/2024-income-and-assets-up-as-layoffs-loom-at-jones.html
Source: The Business Journals
Date: 2025-03-19
Time UTC: 00:00
Domain: www.bizjournals.com

Summary: The parent company of Edward Jones reported income before allocation to partners of $1.9 billion last year, a 23% increase over 2023. The result..."

Title: Why Edward Jones Is Shrinking Its Home Office
Link: https://www.thinkadvisor.com/2025/03/13/why-edward-jones-is-shrinking-its-home-office/
Source: ThinkAdvisor
Date: 2025-03-13
Time UTC: 00:00
Domain: www.thinkadvisor.com

Summary: While there's no headcount reduction target, reduced “overlap and bureaucracy” is expected, Managing Partner Penny Pennington tells..."

Title: Edward Jones Layoffs in Canada: August 2025 Update + Severance Rights
Link: https://stlawyers.ca/blog-news/edward-jones-severance-packages/
Source: Samfiru Tumarkin LLP
Date: 2025-08-20
Time UTC: 21:53
Domain: stlawyers.ca

Summary: Severance Pay After an Edward Jones Layoff. If you're a non-unionized employee and Edward Jones ends your job — whether they call it a layoff,..."

Title: Edward Jones chief's compensation hits $29M as income increases, layoffs loom
Link: https://www.bizjournals.com/stlouis/news/2025/03/18/2024-income-and-assets-up-as-layoffs-loom-at-jones.html
Source: The Business Journals
Date: 2025-03-18
Time UTC: 00:00
Domain: www.bizjournals.com

Summary: Edward Jones chief's compensation hits $29M as income increases, layoffs loom ... The parent company of Edward Jones reported income before..."

Title: Letter: Planned layoffs at Edward Jones betray its own company culture
Link: https://www.stltoday.com/opinion/letters/article_5de9fe5a-2115-4159-aea8-8f3597bb83d8.html
Source: STLtoday.com
Date: 2025-04-09
Time UTC: 00:00
Domain: www.stltoday.com

Summary: Letter: Planned layoffs at Edward Jones betray its own company culture ... Financial giant Edward Jones announced that it will lay off potentially..."

Title: More layoffs to come at Cetera?
Link: https://www.investmentnews.com/ria-news/more-layoffs-to-come-at-cetera/260247
Source: InvestmentNews
Date: 2025-04-23
Time UTC: 00:00
Domain: www.investmentnews.com

Summary: After cutting an unknown number of employees earlier this year, Cetera Financial Group, the broker-dealer and registered investment advisor..."

Title: 2024 income and assets up as layoffs loom at Edward Jones - Bizwomen
Link: https://www.bizjournals.com/pacific/bizwomen/news/latest-news/2025/03/2024-income-and-assets-up-as-layoffs-loom-at-jones.html?page=all
Source: The Business Journals
Date: 2025-03-19
Time UTC: 00:00
Domain: www.bizjournals.com

Summary: The parent company of Edward Jones reported income before allocation to partners of $1.9 billion last year, a 23% increase over 2023."

Title: Layoffs coming to Edward Jones in St. Louis
Link: https://www.stltoday.com/news/local/business/article_9edd5e4a-ff7b-11ef-a1c3-4f43fbdc4ddd.html
Source: STLtoday.com
Date: 2025-03-13
Time UTC: 00:00
Domain: www.stltoday.com

Summary: Behind the layoffs: Edward Jones looking to invest in new tech, analysts say. Edward Jones is looking to catch up with its competitors by..."

Title: Edward Jones confirms layoffs will hit St. Louis-area home office
Link: https://www.bizjournals.com/stlouis/news/2025/03/13/edward-jones-says-layoffs-will-hit-st-louis-area.html
Source: The Business Journals
Date: 2025-03-13
Time UTC: 00:00
Domain: www.bizjournals.com

Summary: Edward Jones confirms layoffs will hit St. Louis-area home office ... Edward Jones will lay off some administrators of its home office team in the..."

Title: Penny Pennington leads Edward Jones at time of rapid change - Bizwomen
Link: https://www.bizjournals.com/portland/bizwomen/news/latest-news/2025/04/penny-pennington-leads-edward-jones-change.html
Source: The Business Journals
Date: 2025-04-16
Time UTC: 00:00
Domain: www.bizjournals.com

Summary: Edward Jones is “evolving at a very rapid pace” to meet the needs of its clients as demand increases for a one-stop shop for financial services and planning."

Title: Behind the layoffs: Edward Jones looking to invest in new tech, analysts say
Link: https://www.stltoday.com/news/local/business/article_edc0d724-004a-11f0-a8cb-f3ebb5f87f82.html
Source: STLtoday.com
Date: 2025-03-16
Time UTC: 00:00
Domain: www.stltoday.com

Summary: Layoffs coming to Edward Jones in St. Louis. Company spokesperson Catherine Stengel said these cuts will \"strengthen our collaborative, client-..."

Title: Edward Jones will cut 'home office structure' in multi-year move
Link: https://www.bizjournals.com/stlouis/news/2025/03/12/edward-jones-will-change-home-office-structure.html
Source: The Business Journals
Date: 2025-03-12
Time UTC: 00:00
Domain: www.bizjournals.com

Summary: Edward Jones said Wednesday that it plans to reduce the size of its home office, but didn't provide details on whether that would trigger layoffs."

Title: Edward Jones shuffles leadership, expands into alternative investments
Link: https://www.bizjournals.com/stlouis/news/2025/05/02/edward-jones-shuffles-leadership-alternative.html
Source: The Business Journals
Date: 2025-05-02
Time UTC: 00:00
Domain: www.bizjournals.com

Summary: Des Peres-based Edward Jones has shuffled its leadership team, citing its “multi-year journey to serve clients and branch teams more..."

Title: IRS layoffs in Kansas City leave workers scrambling for financial security
Link: https://www.kmbc.com/article/irs-layoffs-kansas-city-workers-scrambling-financial-security/63922376
Source: KMBC
Date: 2025-02-25
Time UTC: 00:00
Domain: www.kmbc.com

Summary: The IRS layoffs of more than 100 workers in the metro area were part of President Donald Trump's recent executive order to trim the federal..."

Title: Edward Jones aims to quadruple SMA offerings
Link: https://citywire.com/pro-buyer/news/edward-jones-aims-to-quadruple-sma-offerings/a2451409
Source: Citywire
Date: 2024-10-03
Time UTC: 00:00
Domain: citywire.com

Summary: Edward Jones is hoping to expand its SMA lineup from 70 to 300 by the end of 2025 as it aims to give its advisors more discretion over which funds they can..."

Title: Edward Jones Makes Leadership Changes in Financial Planning Push
Link: https://www.wealthmanagement.com/ibd-news/edward-jones-shuffles-leadership-amid-push-toward-financial-planning
Source: WealthManagement.com
Date: 2025-04-25
Time UTC: 00:00
Domain: www.wealthmanagement.com

Summary: David Chubak to become wealth and field management head as Edward Jones continues to bolster its financial planning capabilities."

Title: Penny Pennington of investment advice firm Edward Jones: ‘We’re a wealth and wellbeing company’
Link: https://fortune.com/2025/07/18/penny-pennington-edward-jones-health-and-wellbeing/
Source: Fortune
Date: 2025-07-26
Time UTC: 21:53
Domain: fortune.com

Summary: Edward Jones Managing Partner Penny Pennington recently at the Aspen Ideas Festival. Her concern was, “how do we help future generations build wealth in this..."

Title: Asset managers paid Edward Jones $315m in revenue-sharing fees in 2024
Link: https://citywire.com/pro-buyer/news/asset-managers-paid-edward-jones-315m-in-revenue-sharing-fees-in-2024/a2460665
Source: Citywire
Date: 2025-02-27
Time UTC: 00:00
Domain: citywire.com

Summary: American Funds was once again Edward Jones' biggest payer in revenue-sharing fees, according to an updated disclosure from the..."

Title: Edward Jones Hit With Reverse Discrimination Suit Over DEI Policies
Link: https://www.advisorhub.com/edward-jones-hit-with-reverse-discrimination-suit-over-dei-policies/
Source: AdvisorHub
Date: 2025-03-11
Time UTC: 00:00
Domain: www.advisorhub.com

Summary: An ex-Edward Jones broker filed Monday a proposed discrimination class action against his former employer claiming it engages in “explicit, intentional,..."

Title: Edward Jones Hikes CEO Pennington’s Pay Almost 16% to $29 Million
Link: https://www.advisorhub.com/edward-jones-hikes-ceo-penningtons-pay-almost-16-to-29-million/
Source: AdvisorHub
Date: 2025-03-17
Time UTC: 00:00
Domain: www.advisorhub.com

Summary: Edward Jones & Co. Chief Executive Penny Pennington's pay climbed by more than 15% for the second year in a row in 2024."

Title: America's fallen tech giant Intel is facing a crossroads
Link: https://www.businessinsider.com/intel-qualcomm-takeover-bid-layoffs-foundry-spin-off-2024-9
Source: Business Insider
Date: 2024-09-20
Time UTC: 00:00
Domain: www.businessinsider.com

Summary: Qualcomm approached Intel about a takeover deal, the WSJ reported. Meanwhile, Intel is planning a separate foundry subsidiary and staff..."

Title: Chevron staffers absorb long-awaited layoffs as CEO pledges accountability
Link: https://www.reuters.com/business/energy/chevron-staffers-absorb-long-awaited-layoffs-ceo-pledges-accountability-2025-02-18/
Source: Reuters
Date: 2025-02-19
Time UTC: 00:00
Domain: www.reuters.com

Summary: During an internal town hall meeting last week, roughly 40000 Chevron employees were shown a video touting the oil giant's success in..."

Title: Edward Jones reshuffles leadership, expands into alternative investments for high-net-worth clients
Link: https://www.mixvale.com.br/2025/05/05/edward-jones-reshuffles-leadership-expands-into-alternative-investments-for-high-net-worth-clients/
Source: Mix Vale
Date: 2025-05-05
Time UTC: 00:00
Domain: www.mixvale.com.br

Summary: Edward Jones, one of the largest investment brokerages in the United States, is undergoing a strategic overhaul that signals a pivotal..."

Title: Boeing supplier starts St. Louis layoffs, but union leader doubts facility will close next year
Link: https://www.bizjournals.com/stlouis/news/2023/08/25/boeing-parts-supplier-lays-off-workers-plant-2024.html
Source: The Business Journals
Date: 2023-08-25
Time UTC: 00:00
Domain: www.bizjournals.com

Summary: GKN Aerospace St. Louis, which plans to shut down its Hazelwood plant in late 2024, on Friday laid off at least 35 employees who make fighter jet parts for The..."

Title: Edward Jones Set to Streamline Operations with Major Home Office Layoffs
Link: https://opentools.ai/news/edward-jones-set-to-streamline-operations-with-major-home-office-layoffs
Source: OpenTools
Date: 2025-08-19
Time UTC: 21:53
Domain: opentools.ai
Summary: Edward Jones, a financial services giant, has announced plans to lay off employees at its home office in St. Louis County."


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Edward Jones begins layoffs, including at its headquarters

ST. LOUIS — Edward Jones employees began receiving layoff notices on Monday as the company moves forward with a workforce reduction first announced in...
https://www.gmtoday.com/business/edward-jones-begins-layoffs-including-at-its-headquarters/article_a74dfb35-d4a2-4e4d-af7a-1c60098623ae.html
GMToday.com
Aug/26/2025 07:24 PM
Location: St. Louis, Missouri

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