Layoffs confirmed for T3 this year. It's about time - many associates at HO have hovering around 25% capacity working towards Penny's nonsense vision.
11 replies (most recent on top)
I bet they didn’t lay off any general partners. They still get their millions while the associates get shown the door
More American layoffs. More off shore contractors being hired as replacements.
At we won't have to put up with:
- Low wages
- Expensive insurance
- Minimal time off
What a garbage company.
Do not work here.
Do not invest here.
F Edward Jones.
Ted Jones is rolling over in his grave.
In a country that is facing continuous division and change for the worse this doesn’t hold well with us clients.
Glad you like change so much.
Guess it’s time we change where our money goes.
Yep! We just got notice that 6 in our area are to get replaced with more offshore workers while Penny got a 17% raise.
So what’s really going on, because after some shuffling around of people, contractors are being hired again.
You were already working in the office FT before 2020. So much whining about having to work in an office.
They don’t need to do layoffs when they can make people hired remotely come into the office starting Jan 2024 and they quit. Hiring out to India isn’t going to boost morale either.
Waiting….
Is this a true RIF of EJ associates, or just letting go of contractors?
Old news, KJ already let it slip weeks ago. Agree about the PP comment though. No vision, no accountability..
how is it working there?