Printed on: Aug 17, 2025 02:09 pm IST
Edward Jones, the monetary providers agency headquartered in St. Louis County, has deliberate to hold out layoffs quickly.
Edward Jones, the monetary providers agency headquartered in St. Louis County, has deliberate to hold out layoffs as a part of a companywide restructuring effort. The corporate says on its web site that it has “persistently” been ranked “among the many finest corporations to work for by FORTUNE journal, and our workers have a tendency to stick with us for years.”
The web site provides, “As a privately-owned firm, Edward Jones has a really private really feel that is nearly like household. Out of our partnership construction grows a spirit of collaboration. We now have a shared targeted on doing what’s finest for our purchasers, our communities and each other.”
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‘The dimensions of our house workplace might be diminished’
An Edward Jones spokesperson advised Fox 2 in a press release on Friday, August 15, “As we proceed our journey to serve extra purchasers extra utterly, Edward Jones is making modifications to its house workplace construction designed for larger pace and ease of determination making to help our shopper and department expertise. In consequence, the dimensions of our house workplace might be diminished. We’re dedicated to speaking early and transparently with our colleagues all through the method and take choices that affect our colleagues very significantly and try to make them in keeping with our core values. Our high precedence stays supporting our colleagues and serving our purchasers.”
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The corporate later clarified that when it says “house workplace,” it means operational or headquarter-type features versus monetary advisors and department workplace groups within the discipline. The corporate famous that any positions topic to reductions are usually not associated to a particular location.
Edward Jones’ web site says that over 55,000 folks throughout america and Canada are employed by them. Nonetheless, the agency didn’t specify what number of workers might face layoffs, when the layoffs might happen or how the modifications might affect St. Louis-area operations. Layoff notifications could also be despatched as early as August 26, as reported by the St. Louis Enterprise Journal.
