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... — read more
Tech Center
What departments are still at TC? I understand OPS and HD gone. What about MTS, App Supp, Network, Backup Solutions, others?
Direction of change is obvious
The firm is moving from a full service investment shop to one focused on investments alone. Outsourcing cost centers like technology to vendors. You may debate the merits, but the move towards a boutique business is inevitable.
Morale is in the toilet
I see posts here debating if there is going to be an EOY layoff, we can’t know for sure, but I think that points to a bigger morale problem. Associates have lost faith in the future of the company. I’ve been here for almost a decade and never seen... — read more
Random but PLEASE CHANGE THE MUSIC
I can’t be the only one at HP who is sick of hearing the same instrumental songs playing on repeat. Tell me I’m not alone
Layoffs Before Comp/Bonuses
What do you think the chances are of another November layoff before comp/bonus decisions? We’ve had layoffs in November for 3 out of the last 4 years (2022, 2023, 2025), and we’ve had some of the worst outflows in the industry this year, so I think... — read more
Too many channels, no coordination
Every team seems to communicate in its own little bubble, and the information rarely lines up. Half the time, nobody can tell who's responsible for what.
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/
These are very sad times
Several Tech teams were let go June 30 ...I have heard it was the people who manages databases, servers, the network, storage and backups, and a couple others, but no one seems to know but that are in the headcount reduction. These are very sad... — read more
This job is destroying my health
The workload, uncertainty, and constant pressure pushed my stress far beyond what I could manage. I ended up on short term disability after experiencing blood pressure over 180, chest pain, and other physical symptoms. Please, be kind to yourselves... — read more
In office mandate...
TRP is finally requiring groups that have been working fully remote to return to the office four days a week, bringing them in line with the rest of the workforce. For once, the company’s talk about treating employees equally appears to be reflected... — read more
Accenture is only here because they are paying them pennies.
Nothing else to add. Extract everything from the worker. Shame.
AMA - Any insights ?
Any thoughts on the recent AMA - Towne Hall? Any answers or more questions?
Managers who lay off staff then cry wolf
It's ironic when you have a manager who was notorious for bullying staff out the door to then get fired. What's even more outrageous is when that manager then tries to claim for unfair dismissal even though they were one of the worst performing... — read more
"You get what you pay for"
Recently I went on vacation. People commented that I was more like myself after a few days. When I returned to work the bitterness and frustration returned by lunchtime. The only path for me is out of here. Incompetent and inept Accenture workers... — read more
Layoffs are guaranteed
Please start preparing yourselves. It will not be small and it will not be pretty. Plus, with the job market being what it is, you need to start looking sooner rather than later to have any chance of landing something. Just a few words of advice from... — read more
Acquisition of F/m Investments
So what does everyone think? I guess we know why Ramon always seemed to be in DC. I wonder if layoffs/offshoring will start for those folks once "synergies" are determined. Overlaps in back-office, compliance, or distribution could eventually lead... — read more
Ice cream social
The ice cream social is a pitiful and cheap attempt to recover morale
More Net Outflows for July
Here we go again…more net outflows for July! $8.2 billion in outflows.
Putting some things in perspective
Fidelity has ended hybrid work. 75,000 employees now expected to be in the office 5 days per week JPM, Goldman, BofA, Morgan Stanley, PNC and Trust have all moved to 5 day mandates in the past year. Maybe this can put a 4-1 mandate into...
Stock price
Why is the stock price down $8 today? Earnings call? Please explain.
Do more with less… I’m burnt out
This is more or less just to vent, but I’m tired of the “do more with less” attitude here. I know I’m not the only one whose team has been expected to take on more work with less resources, make sense of vague information from leadership, all with no... — read more
Outsourcing assistants?
What are y'all thoughts on this? Some companies have started doing this recently and it got me thinking about TRP.
Pop quiz
The answer is: this TRP MC member recently joined the board of another public company.
Next 90
After yesterday’s presentation I still don’t know what Next 90 is.
Some things never change
Profits down? Lay off the workers. Profits up? Lay off the workers anyway to show even better numbers. There's no scenario where we come out ahead. No matter what happens, we're the ones who get sacrificed. It makes you wonder if there's any... — read more
Layoffs next month
I'm trying to find out if we're looking at cuts in August. Anyone hear anything?
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: The culture has changd and not for... — read more
I should have been gone by now
I made a promise to myself I'd be out of here months ago. I've tried everything but every offer I get pays way less than what I'm currently making. I'd take a cut but not that much.
Global Distribution RM Teams Restructure
I ain’t in America but the reorg over there has got me thinking about what happens in my region and country. Has anyone heard much? Is the USA the first to restructure and then other countries follow?
This company has truly changed.
It used to be a place that valued intelligence and creative thinking—a place that took the time to nurture those ideas and bring them to life. Bottom-up really worked here, once. And now? Collaboration in name only. It’s full of political operators... — read more
Layoffs in front/middle/back office to come
The consultants hired for the F2BOW initiative have set a target headcount reduction of 60-100. This is for business only, tech headcount reductions haven’t been determined yet, but they said there is significant “capacity creation” there as well. No... — read more
TRP culture is destroying itself
I've never seen anything like it. The leadership is full of people who have no business being in their roles. They've been promoted beyond their ability and they're just making it up as they go. They've created a culture where people just follow... — read more
Why launch products that don’t sell?
I can’t understand why the company is launching all these products that end up being duds. Products that have very little AUM in them after 1-2 years and where they likely will not grow to reach scale. It ends up being a drain on resources and time... — read more
TRP's Rank - WSJ - The 2026 Best Companies for the Future
The Wall Street Journal evaluates how leading US corps stack up in 6 areas: AI readiness, innovation, talent readiness, financial fitness, resilience and agility. T. Rowe Price ranks #332 overall with an Overall Score of 46.0, placing it 32nd out... — read more
Prove me wrong
I'll say it plainly. This is a blind company without any real direction. If you think I'm wrong, go ahead and prove it.
Eric Veiel out of touch joke at Town Hall
At the ISP Town Hall last week, during the agenda portion at the beginning the moderator mentioned QA’s and a meeting pulse. Eric said “you’re not going to allow 4-1 questions right?” Leadership in the room all giggled. Then he said “gas prices are... — read more
Are you a Producer or Consumer
There’s so much angst and misdirected frustration on this forum. This is an investment company. Not IT, not Distribution, not “Architecture”. Only 10% of associates are investment staff. They generate the profits. They make the money. Rest all... — read more
What's happening with accountability?
I've witnessed several managers openly talk about protecting themselves whenever deadlines slip or projects run into trouble. Meetings usually turn into long discussions about who caused the issue rather than how to solve it. Very few people seem... — read more