What do people think? A pause to see if the business turns around or even more cuts to come?

Has corporate told us which strategies are driving outflows the most? Remembering the blue chip flip during 2020. 8 billion is a lot.

I am only a few months into my time here, and it is already sinking in that layoffs might be part of the landscape here, which has me more on edge than I expected to be so early into a new role. I am trying to get a sense of whether this is something... — read more 

I’m hearing some talk on Distribution might be laying off next year. Which is now only a few weeks away. Anyone hearing this too or something similar?

Ge-z, 8B prelim net outflows just for November. Things aren’t getting better…

Laying off staff and trying to make do with less resources… New staff who don’t know much about the job and the company… Tenured associates with the role and company knowledge gone… News flash T Rowe, what do you think is going to happen? Who is... — read more 

Does anybody really believe we'll have more layoffs this close to Christmas? Because I don't.

At my last job, we had been restructuring, updating manuals, doing extra audits, but I brushed it off. Then one coworker got cut. Soon, discussions about automating tasks began. A month later I was handed the pink slip. Looking back, the warning... — read more 

The quarterly earnings release is a good place to check for numbers. You can find it online. Q4 is obviously not available yet; these are from the Q3 report: Compensation, benefits, and related costs in Q3 2025 of $632.5 million decreased […] $16.3... — read more 

GCAS moving to a functional accountability model, head of CIM APAC is gone and will be overseen by a US head. Honestly this is a good change because CIM APAC has been a disaster for years with no accountability or desire to follow required internal... — read more 

Our team is not having any holiday event this year.. curious is other teams are doing something. If yes, is it comparable/better/worse than previous years?

Based on my experiences in Australia, bonuses are not merit based but essentially based on how well you get along with your boss. They can make all your hard work and outcomes achieved throughout the year meaningless. They dictate your year end... — read more 

As November ends and December begins, what are the odds of more layoffs before Christmas? Management’s cruelty knows no bounds and they have terminated people with an effective day of Christmas Day before. They have ruined lives and enjoy doing so... — read more 

Starting an anonymous comp thread. Not because I’m passionate about it — just because it felt like one of those things where everyone’s waiting for someone else to go first. So… here we are. So no one gets doxxed we’ll keep it high level Org Area:... — read more 

There’s been multiple layoffs in the past week where they are only informing associates internal to that particular org. Are they planning to inform the rest of the firm? Genuinely wondering.

For those celebrating the US Thanksgiving holiday (and all others of course), wishing you the best! I hope that despite the circumstances, you can share time, laughter, and love with those closest to you this week. At the end of the day, this is... — read more 

I found this interesting. It is from Reddit. So our Accenture replacements don't necessarily come here with solid work experience as they used to expect from people applying to work at TROWE. In between assignments they encourage their workers to... — read more 

What kind of emails are they sending to people regarding layoffs? I’ve heard a couple different ways they’ve been handled.

Thursday came around quick. Anyone impacted this week or know of anyone? Someone said ~10 in GCAS tech but I would think more for just before December starts. Thoughts with those that are and have been laid off.

If you’ve experienced five years of consistent outflows, you need to examine the root cause: leadership. Start there to fix the problem.

Hoping we’re done for the holidays, but not feeling very confident.

Losing my job in the past taught me real quick that nobody is as safe as they think they are, and the moment you settle in, that is when the rug gets pulled. I have been hit twice over the years, and both times I walked around thinking I was set and... — read more 

Some in APAC were let go this morning (APAC time) and some are being invited to a meeting in EMEA and US now while I am writing.

If this forum is a reflection of layoffs, it almost appears IT have been decimated by layoffs much more than other teams. Can I ask which IT teams have definitively been outsourced? Also, which other teams have had meaningful layoffs? Doesn’t seem to... — read more 

Received reputable information that a 3rd round and most likely more to follow is confirmed. At this point if you’re under Chris Lepre and haven’t received an NDA offer to be part of the long term retooling and full infrastructure and operations... — read more 

Times are tough. Changes are coming so fast we can barely keep track. Don’t be discouraged. It is so easy to stay in that mindset. Everyone has moments or seasons, but there is a way through and we will band together to find it. Within TRP or... — read more 

Please, somebody, tell me I'm wrong.

Does anyone have any insights on the COO leaving? Is she training Accenture to do her job too? I never thought they'd let her slip away given hiring goals.

When will TRP outsource retail account servicing like they did for their workplace retirement and 529 businesses? Seems like they could be more profitable as a pure asset manager with less overhead.

It started with parts of Tech. Will parts of Operations and Marketing be outsourced? Who knows, maybe even Distribution in certain markets.

They are coming in. We will train them. We will take the package. We will leave. They will stay.

They keep laying off people. They are also moving as many jobs as possible to EMEA + APAC but it's not going as fast as they would like as some roles are hard to move. I do not doubt for a second that they will continue with this and that... — read more 

https://x.com/TheLayoff/status/1984293702848872635 T. Rowe is leading the layoff list today

Left several years ago when my immediate supervisor told me he had no clue what it team did. Get out while you still can

there isnt any fairness here. lower managers are incompetent and self serving. divisional, office, and regional folks back them... barely less incompetent, and they double down on bad calls. period... the same troublemakers get protected all the... — read more 

And will anyone ever be held accountable for the state of affairs? Ruining people’s lives just to chase the stock price, because they have no better ideas. This is disgusting. I feel deeply for everyone affected, and I sincerely hope they find... — read more 

Let us know how you and your team are impacted.

Wow. The censoring from the company is quite poor form. I have learnt a lot about this company from many of the posts here. One day posts are visible and then the next they’re taken down. I think they do it on other platforms like Glassdoor too. Way... — read more 

This is the second tech AMA where you are only allowed to discuss "AI". Why not let the meeting serve its original purpose? Let associates ask what they are wondering about. Sure, ask AI questions, but people should be encouraged to ask what they... — read more