Thread regarding Edward Jones layoffs

@b4 @b4 you stupid boomer, you cant put the tooth paste back in the tube after you squeezed it out lol. What next? Go back to typewriters, because we used them for 100s of years? Your logic and smooth brain are clearly broken. WAH is a tech advancement that is good for workers and saves employers money long term if you stop with your short sighted boomer mindset. Go tell construction workers they can't have nail g-ns anymore and then tell police they need to go back to a 6 sho-ter .38 because muh 100s of years logic you foolishly think will validate your GP mindset. Good luck trying organize this freak show circus after DC takes over

@qp Don't worry, PP will make sure to put on her fake sad face during the next town hall after it happens. You will at least have the benefit like I did to train your indian replacements and watch them wreck everything they touch. WAH for us? Nope, we need da culture in office. 3 oceans away though? Bring on that sweet sweet cheap low quality labor so we can keep this ponsi scheme going a couple more years.

I'm HBA outside of commutative range. Wonder how long before I'm ISPed.

@pf "We will never sell!" - PP "...but we might merge"

@ps Ops just had the end of year meeting. 700 HBAs impacted by this RTO and more ISPs coming for the division. They are intentionally doing quit firing approach to home office to thin the herd and make everyone work in a culture of fear. Comformance over performance from here on out.

is anyone really surprised? Bobby said months ago that all hbas in the commutable distance will become hybrid regardless of how they were hired AND that their focus is on in-office hires almost exclusively. they have always known they were going to do this

@pf I think you’re spot on. Their actions are so obvious, yet they spout lies or at best half-truths to us about the “why” behind decisions. We’re not stupid. It’s so aggravating to be talked to like they do to us.

@p5 there really is no other reason to logically explain the company's behavior the last 2.5 years to have it be anything other than a merger or buyout. They will package it up by telling us we are still the same company (LP) or that we have to do this to compete with LPL and Raymond James. It will be another mountain of BS presented at a town hall while all the obedient boot lickers sit in the front row clapping like seals.

@m8 sounds like a merger is coming.

@j9 Just like how they lie about everything else. "We will never go public."...5 min later "We passed a new rule that says GPs have to vote on any new or major changes like a merger"...5 min later, "It's weird that all non kool aid drinkers got let go, would be a shame if the ones left ever did anything like independently think outside the echo chamber"...so yeah, read the playbook and you see how this all ends. DC take over, company gets sold or merged, bye bye st louis based company. The GPs are too stupid and arrogant though to see anything further than 3 months out.

Apparently 60% of HO is Hybrid/WFH. That should be fantastic news! The company is still functioning (successfully!) with this arrangement. If it’s not successful, ELT needs to share that info with the employees and the only reasoning that has really been shared has been “we’re losing our culture “. That happened when Penny joined the firm and hired all these external people from big firms. I understand the need for new & creative ideas for the company, but this isn’t it. WFH/hybrid is popular because it makes employees happy and it works! Many of us have a great work-life balance currently. I don’t give a jiggly puff about going into the office & doing the same work from a different location. I don’t care about any extra curricular cr-p they want us to participate in (can’t donate to United Way because I’m not compensated enough to donate).

really helps my theory that the majority of people including me who were let go were hbas that it really was the common factor that gave us the boot.

When they announced 3 days ago week, didn’t P say this isn’t a stepping stone to more days in the office? Zero trust left. P doesn’t trust associates. Associates don’t trust P.

@fz check with a lawyer but changing a remote job to hybrid could be considered constructive dismissal. Make sure you are eligible for unemployment if you aren't heading directly to greener pastures.

@ef, left a while back

15 years of hba and now I have to come in 4 days a week? They're just forcing me to quit.

I remember in the All Hands on Deck meeting after the first wave of RTO, they were asked what it meant for HBAs. A GP from Chicago answered "I'm remote and I'm not going anywhere". I forget her name, but I haven't seen her around in quite awhile. I wonder how that all worked out for her.

What happens if a home office associate officially tells their leader their last day will be 5/29? Will they let said associate continue working or make them leave?

If you call PP said at the outset of ER that they were doing all these moves to come up with cost savings thst they can reallocate towards our 2030 ambition. This amount of savings equates to over $260 M. How would all of the travel costs of associates / leaders fit within thst original objective? As usual they are making stuff up as they go. They needed to get out of a difficult situation to explain away layoffs and low they have done it they think they can do whatever they want to do.

@e1 just another example to not trust a single word the ELT says. Gaslighting and lying are in their DNA.

Who else recalls earlier this year when Keir answered the question and told the entire Home Office workforce that there were not going to be any changes in 2026 to the remote home office based work arrangements?

Enough said…….

@b4 so silly. This I’d the digital age where technology bridges the gap of vast geographies. All this is employer exerting power over employees that they lost during the pandemic. Eventually, we will go through another workforce shifts and the pendulum will swing back.

@bj give me a break. It’s a company not a family.

Penny, I am truly sorry you are so unhappy about the success of this firm and how all of us helped it celebrate over a 100 years. None of can understand why you dislike us so much that you continue to make us mad so that we quit this firm. I shake my head in disbelief as this was a place of magic and family. I feel sorry for you Penny and sending prayers that you find courage and love.

@b4 what a poor outdated way of thinking.

This has been the norm for 100+ years till covid. No excuses and no WFH exemptions. Work is done with collaborative efforts in the office. Home office is for family matters, family fued, and the view.

@OP , whoever posted this, sounds like a GP in HR.

If I have to drive to an office after being a successful HBA for over 10 years, then I might as well leave for another office job that at least pays me and doesn't make obvious that they hate me. Make no mistake, the timing of this decision right before Xmas was done on purpose. New York "culture" is now actively at war with the very culture in the midwest that made us stand out as a great company not like the others. Thanks PP, you let the fox nto the hen house and now the company is being dismantled brick by brick. Thanks! Btw, you looked like a clown and fool at the big 12 coin toss. Good gawd woman.