Are dogshit. I’ve been labeled a high performer for over a decade and even got ranked high in our old system before the previous one. Now all of a sudden I just “meet expectations” in the new rankings despite hours spent working like a dog into the late evening hours and on weekends, taking on even more work after all these layoffs to make up for the management committee’s poor judgment and lack of understanding of how their own organization works.
This is an obvious ploy to reduce bonus $$$ across the board because they are too scared to do more layoffs right now because they know morale has completely collapsed and so many parts of the organization are bare bones skeleton crews or outsourced.
They are banking so hard on AI clearing out their labor costs while not thinking about what happens when AI runs everything instead of humans: no differentiated investment perspective, AI slop marketing and ads, AI slop internal communications, AI “ client services” that are the exact same as every other AI at every other asset manager.
I truly don’t think TRP can dig itself out of this hole, it is way too far gone. And it will take a large portion of the Baltimore City and County tax base with it. Yet our government leaders have nothing to say about one of Baltimore’s largest employers becoming essentially a hollowed out shell? If I were the mayor I would be having some discussions with Rob Sharps right about now.