Thread regarding Edward Jones layoffs

ISP means ISP...low odds of getting one of the 200+ open roles

I just wanted to provide my experience as someone who has been "ISPed." While I can appreciate the capability to look for a role (whether in Jones or outside) and get paid (something you probably wouldn't get anywhere else...which helps), from my perception things are literally a "free for all." So what I mean by that is everyone, whether ISP or not has probably been impacted. Moved to another location, new role, demotion, I've heard loss of pay in some instances, etc. So everyone is shell shocked to all fu-k and just not happy...period. Morale is a total sh-t show and people are still swirling in what the new world will look like so not much productivity seems to be happening.

So where I am going with all this is the people that are not ISP'ed are storming the gates for these new jobs and those that are ISP'ed are getting shut out. I cannot say any more than that but I truly wish all of you who are impacted the best. If you do have an opportunity to stay on then I hope you are treated with the respect you deserve.

Take care all and best wishes.


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| 1071 views | | 2 replies (last September 19) | Reply
Post ID: @OP+1k5hh5xjn

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ER was about PP, ELT and division leaders trying to right their wrong. Except they are not the ones paying the price for their incompetencies. Senior leaders put into place wrong ways to build an org, without discipline, without proper guardrails to meet the needs in a financially responsible way. Yet the same bad leaders are in position again to make the same bad decisions. All the teams still don’t know what their work is, no underlying processes, etc. but they will chalk it up to a learning moment and sweep it under the rug. But do not despair. More f’d up changes to come!

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Post ID: @aq+1k5hh5xjn

Is my understanding that only ISPs can apply to the new roles for 30 days. I know a couple that are already having conversations with the hiring managers. Whether they get hired is up in the air of course.

Agree with everything else you said and they’ve really made a mess of the company and culture. It was really unnecessary and I’m sure all about money. In the past old leaders would have found a way around layoffs and demotions.

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Post ID: @ab+1k5hh5xjn

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