Thread regarding T. Rowe Price Group Inc. layoffs

They sold the Tech Center

Wow. Wasn't aware of this. This says alot of their future. Pretty grim, imo.

https://www.datacenterdynamics.com/en/news/amazon-buys-office-and-data-center-site-in-maryland-from-t-rowe/


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| 285 views | | 15 replies (last 29 days ago) | Reply
Post ID: @OP+1m4h61q0y

15 replies (most recent on top)

@qq good point. There was a mugging right in front of Pratt a couple of years ago

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Post ID: @111+1m4h61q0y

@tq There are no more T Rowe employees patching servers.

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Post ID: @yt+1m4h61q0y

@tq hate much? Sux to be you

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Post ID: @wp+1m4h61q0y

@tg The two are unrelated, but hopefully you understand that? Now go patch some servers.

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Post ID: @tq+1m4h61q0y

@qd lol sure. And how’s client retention or organic growth been since the new building?

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Post ID: @tg+1m4h61q0y

@rj it was also a ego trip for you know who. How many jobs were lost to make up for that expense?

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Post ID: @tf+1m4h61q0y

@qq That was a big motivator for HP…a corporate compound inside the war zone. Safer than Pratt with a nice waterfront location to impress visitors

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Post ID: @rj+1m4h61q0y

@qd But getting mugged in Baltimore City is a good look? Not trying to be cute, but the City is tough logistically with parking and the crime. I went down there a few times - even with GPS it was tricky finding the building with all of those one way streets.

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Post ID: @qq+1m4h61q0y

@q8 Thanks - I didn't realize that McDonogh owned that land. When I went to school there, that was part of our campus. Thought they sold for $$.

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Post ID: @qp+1m4h61q0y

@q8 Moving everything to OM does not work, company needs a proper office to host clients, potential clients, even job candidates for investments. Having any of those folks schlep out to OM does not put the firm in a good light.

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Post ID: @qd+1m4h61q0y

@ph the company doesn’t own the OM land. It is on long term lease from McDonough School. But agree that Pratt should have moved to OM not HP

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Post ID: @q8+1m4h61q0y

@ns They should have consolidated into the OM center and got rid of any other buildings - letting people work remote. Harbor Park should have never been built. I'll never forget that we learned of the plans to sell at least part of the OM Campus when the Sun ran an article on it. Then management had to come and explain. Last rumor I heard was that 2 more buildings would shut down, and they would just keep 2 buildings and demolish the others and sell that land.

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Post ID: @ph+1m4h61q0y

I wish they would sell the Owings Mills campus, but no one wants to buy it

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Post ID: @ns+1m4h61q0y

@OP This was a while ago. Sensible to do a sale and leaseback. Nothing revolutionary about doing that.

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Post ID: @ct+1m4h61q0y

Yes.. plans to sell it was announced about a year ago. Similar to former Red Run Blvd location etc.

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Post ID: @a5+1m4h61q0y

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