#leadership

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State of T. Rowe Price in 2026

This is my view of where we are in '26. Take allof this with a grain of salt as I've been wrong many times before. This is reflecting my views and I am not sharing any internal information. And, yes, I am angry:

  1. The culture has changd and not for the better.
  2. Bottom-up ideas no longer seem to matter. Period.
  3. Politics + self-preservation are in, real leadership is out
  4. WAY TOO MANY managers, way too little accountability.
  5. Collaboration is talked about. it is NOT practiced.
  6. Quality people are leaving. Some are waiting for the right time to jump.
  7. AI just an excuse to cut roles. OK, maybe has some bus use too.
  8. Some teams are way too bloated - some teams have already been cut way too deep.
  9. Offshore turns companies to sh-t, it's happening to us to. Poor quality, poor oversight.
  10. Value standards have slipped, enshitification is in progress.
  11. Come in and work/collaboration in office, but it's OK to ship work offshore. Sick.
  12. Morale is low, trust is weak, and it's gettin worse.
  13. The old T. Rowe Price is gone.

Leadership On the Ropes!

...bobbin'n weavin'...shufflin' and scufflin', contemplatin'n rearrangin', jugglin' chainsaws'n spinnin' plates, crunchin' numbers'n playin' Tetris with org. charts, tryna make sense of their self-created nonsense...LOL!

They're really got THEIR work cut out for them now.
Besides the money involved, here's probably the next most crucial piece of the puzzle and why leadership is so concerned with "retaining employees due to this mess" during the whole VSP thing:

  • "Since ACA, Medicaid, and MA are Federal/state regulated and implemented plans, cuts in staff can lead to CMS and state department of banking/insurance scrutiny on coverage and service."

They've got to deal with BIG LAW ENFORCEMENT breathing down their necks, which has the potential to cru$h them via a$tronomical fine$ and penaltie$, depending on the #s of soon-to-be-vacated job slots, due to so many people now wanting to head for the hills, ever since this VSP was offered. And that's not even factoring in the layoffs they're anticipating to follow soon thereafter. Looks like they cooked their own goose. LMAO!!!

Leadership is surely scrambling and in a collective panic, over how to deal with all of the moving parts. "We need MORE TIME!...This is TOO MUCH!"
Oh well "leadership", guess you should've planned better.
Why don't you have better time management skills? Should we put you all on a PIP?
That's what they pay you the big bucks for, right? Thought you were so smart, what happened? Why is this such a struggle for you now? Feeling pressure? Sorry, not sorry.
Lots of late nights now, where they're actually having to WORK for their big@zz $$$!

Hey "leadership":
Have fun untangling the rat king you all created with this VSP thing!
What are you even doing reading this board now, anyway?
Get back to WORK!
Earn your Keep, "BIG-WIGS"!

HAHAHAHAAAAAAA!!


Another one gone

Another skilled person gave 2 weeks notice today...another skilled top level Engineering manager gone and multiples of teams left in limbo and at the whim of id--ts. No plan, no resolution, nothing from these clowns. I wish they'd lay me off already. 2 years of this has been enough.


Flex Office Use

Curious what your locations are like around the use of flex office space. As we know these offices should be used for private conversations or meetings as needed and not to be used for a full day of work. Is your location like mine where anyone with an SVP officer title are all self absorbed and have turned these spaces into their own personal offices and not allowing fair access to them? Extreme ego maniacs, you’re not that important!


Money doesnt buy a personality

Fun fact before I forget visiting this site (got a better job elsewhere); my friend did high end catering in San Ramon area. He did a private house and told me “hey buddy, I think I did an event for your company”. Sure enough I opened website to show him leadership and he said it was them. They all have zombie personalities behind closed doors. That politician personality is not just for us, its who they are. Lol imagine that act non stop.

Everyone: one day they will kick you out, get advanced degrees licenses, do projects you want (in 6 months you will get a new supervisor and can lie about your responsibilities). There is a flaw in system, dont analyze it to death here: exploit it. Good luck.


We've hit the peak stagnant dead end.

It's truly never been worse here.
There's so much more to life than this place. If the clowns at the top don't change the 'market based culture' (which is just a phrase used to change the subject away from discussing the worst employee culture around) quickly, then the point of no-return is upon us.


Tone deaf LinkedIn article

_https://www.linkedin.com/posts/alisonmurphy541_sarah-london-hadnt-driven-her-kids-to-school-activity-7478557950656225280-Sh3E?_

You really can’t make this stuff up. Who approved the article? They should be the first one ejected from this clown car.

While CenTeamers are trying to figure out if buyouts, layoffs, reorgs, and product exits are coming for them next, LinkedIn gets a heartwarming leadership lesson built around Sarah London’s stress.

To be fair, this doesn’t look like Centene PR. It looks like an executive coach using Sarah London’s story as a leadership-content hook/executive pitch for women about “non-negotiables club.” Which somehow makes it even weirder.

In the story, Sarah was stressed out, Sarah got a coach, a reset, and a nice little inspiration arc. “CenTeamers” got uncertainty, canned talking points, and their own version of non-negotiable: take the exit or wait for the system to decide for them. And it’s non-negotiable…

Someone else mentioned this in a previous thread. The internal podcast is called “London Calling.”

Perfect.

The Clash wrote a warning song about systems breaking down. The song was about disorder, pressure, uncertainty, and the sense that the people in charge were not really in control. Centene turned it into her personal executive branding. Nailed it!

Sounds like a great follow up LinkedIn post to spike the football on how to be ruthlessly non-negotiable. “Lean in” on the non-negotiable nature of executive leadership in the months to come. Spin it as growth or sumthin’. It’s an opportunity!

The chorus:

The ice age is comin', the sun's zoomin' in
Meltdown expected, the wheat is growin' thin
Engines stop runnin', but I have no fear
'Cause London is drownin' and I live by the river

Maybe the next episode can offer breathing exercises for “CenTeamers” hearing “we need to shift,” explaining layoffs to their families, and wondering if their login still works next month.

Inhale: “we value our people.”

Exhale: “your role has been impacted.”

Inspirational stuff. Bring the puffer jacket. The Clash warned about the ice age coming, and somehow she’s turned it into a leadership moment.


Hybrid work

Hybrid work should be evaluated on outcomes and deliverables, not solely on days in office or commute distance. If managers are meeting their commitments and supporting their teams effectively, a 2-day in-office cadence can be reasonable under current policy. Where concerns exist, they’re best addressed through documented feedback via HR or leadership channels, rather than informal assumptions. Let’s keep the focus on accountability and results for everyone, at every level.


NS IT at Risk: Repeating a Failed Playbook

Verizon's decision to move the majority of NS IT work to TCS and Infosys is a high-risk mistake that appears to ignore the hard lessons from previous transitions. The last major Infosys-led engagement created significant disruption, operational challenges, and loss of momentum, yet leadership is choosing to repeat the same strategy without addressing the root causes of those failures.
This decision reflects a growing disconnect between executive leadership and the realities experienced by delivery teams, system owners, and business stakeholders. Instead of learning from past outcomes, leadership is reverting to a familiar outsourcing playbook and hoping for a different result.
The consequences could be severe—loss of critical domain knowledge, deterioration in service quality, slower execution, and increased operational risk across NS systems. What is most concerning is that these risks are well known and have been experienced before. Ignoring those lessons today will likely create far greater costs and disruption tomorrow.


Truist messaging the greatest hypocrisy ever?

The large disconnect between Truist Messaging and the way it treats its employees and clients has to be the greatest hypocrisy of any marketing campaign. Employees are being set up, thrown out, and reputations smeared. Clients are getting over engineered loans and being pushed out aggressively for no reason. This doesn’t seem to fit anything w purpose? Certainly isn’t making better lives and communities. Definitely not unwavering with care!? How can you throw some many lies out there and think the public won’t figure it out? Great job Bill. You get an F for CEO. Failing grade.


IBMs professional job hoppers

I have been working in a mildly successful IBM product for the last 12 years. Some years ago my boss at the time warned me about something I am now experiencing first hand: Well connected higher ups work on the flashy IBM fad that almost always fail (block chain, cp4d, Watson health, Watsonx….) then a layoff happens, the base workers and the first line take most of the blow, and these professional bosses are parachuted into a more established product. It’s been 8 months since a big layoff impacted my team, the layoff came with new bosses, all of them from failed products. They know nothing about my product (and are not willing to learn), but keep making decisions that they are not (remotely) capable of understanding their consequences , they all came with big attitude and egos; always ready to hoard the travel opportunities and post in LinkedIn at every turn. They will surely sink the product and jump to the next one. Have you seen this as well?


I don't know how leadership sleeps at night, while we are changing people one person at a time.

Executive Base Salary Stock Awards Cash Incentive Other Benefits* Total Compensation
Sarah M. London, CEO $1,473,077 $15,537,733 $2,109,446 $386,042 $19,506,298
Andrew L. Asher, CFO $1,152,885 $13,362,923 $1,238,198 $318,874 $16,072,880
Christopher A. Koster About $1.1M $5,111,079 Included in cash comp $79,364 $6,508,793
Susan R. Smith About $1.0M $3,577,782 Included in cash comp $76,751 $4,887,083
Tanya McNally About $1.0M $1,967,756 Included in cash comp $80,949 $3,172,356