To my old team still hanging on: stop waiting for a miracle! You know it’s not coming. Update your resumes and go. Life’s way better when you stop hoping that place will change.
What happened to this place?
We're drowning in management layers. Every issue gets passed up the chain until nothing actually gets done. They talk about being efficient, but you have a dozen people giving orders and no one helping. The pay structure is all over the place and new... — read more
Another round?
There’s been a lot of predictions on here about more rounds. Anyone got any real intel? It appeared the layoff impacted certain teams a lot more than others. It would make sense that the teams that were spared last time will be next in the firing... — read more
Why do poor sales/business leaders get golden parachutes
Hey ya T. Rowe fam, Honest question - why is it that if you're a moderately senior person on the Distribution/Sales side of the business you get a golden parachute (I'm assuming) while so many others just get the boot unexpectedly? Globally it looks... — read more
Why the s-xism
Ge-z reading all these posts it's clear there are a lot of s-xist pigs at the company. Many probably put on a nice exterior in the office as well but put a keyboard in front of them on this forum and you see what's really there.
3 laid off in Procurement today
KM4 roles. Outsourcing
Year End Objectives
Seems like there’s a much bigger emphasis this year on explaining how you’ve met your goals and objectives that were submitted at the beginning of the year. Still need to work on day-to-day tasks and can’t always be expected to meet every goal. Seems... — read more
Prediction
More layoffs before the holidays then a merger or acquisition on the horizon. Goldman Sachs likely. The reduction in cost, the outsourcing, the reorganization. It makes sense and I’d bet money on it.
4 days in office mandate
How is this going to be enforced? It appears that only certain departments complied to the 3:2.
Why are people talking about more layoffs and outsourcing?
Was there an announcement I miss? Or is it just speculation?
How much of IT is going to be outsourced?
I know changes are coming but how much and which groups
Increasingly Convinced We Have More Layoffs in November
The fact that we are going to 4/1 when there is only 1 desk for every 1.3 employees at Harbor Point makes me think that we will have more layoffs before bonus time. There are literally not enough desks for people to reserve 4 days a week right now.
Looking through these threads, it is clear the culture here su-ks
Wow - I came back here to see if there was any real "news" I should be aware of, since there is no transparency at all from management, and I must say, I don't know who is luckier, the people who lost their jobs or those still here. At lease the... — read more
Don't be against DE&I - Be against FAKE DE&I
I've seen so many posts on here that seem to rally against the DE&I efforts at the firm. Diversity, Equity & Inclusion should be a good thing! The issue which I think is often misconstrued on here (and yes there are quite a few bigots on this... — read more
Make sense out of this
CEO got a 50% raise earlier this year. Meanwhile since he started his role as CEO, stock price is down by 50%. Make it make sense
Were any KM3 juniors let go during the last cut?
Were any KM3 juniors let go during the last cut?
Severance plan
What is the severance policy and payout for employees with less than 5 years of service?
More Layoff
They are laying off all onshore contractors and replacing them with offshore resources.
Welcome to T Rowe Sachs
“That’s capitalism folks. You either succeed or fail or someone could buy us” I heard that from CEO in person about 4 months ago.
Lease Out
Hard that Ram processing department is getting leased out. Like 529 and workplace 401k. And at the qsm leadership pretty said that there is no correlation with rob big salary and the layoff but jobs are secured. And question they sold the location in... — read more
Walked away a month ago
I left without any sense of guilt, because I knew I needed a job that didn’t consume my evenings and weekends. At first, I worried about letting my team down, but honestly, no one wins when you’re burned out and running on fumes. Moving to a role... — read more
Don't take today for granted
It’s been six weeks since the July purge, and the fallout is still being felt. The job market is brutal, even highly qualified people are struggling to get a single response. Inside T. Rowe, the situation is even worse: leadership incompetence... — read more
Do not trust management or HR!
There's a lot of backside covering and blame shifting. Many people being bullied, forced out, retired, etc. Obviously a good manager helps in terms of advocating for you but there are quite a few rotten eggs and it's not helpful when the bad ones are... — read more
Quant Software Developer Job Openings
Campbell & Company LP, a systematic, quantitative investment firm located in Baltimore County just posted two openings for FT Quant Software Developer / Engineer positions. Go to https://www.campbell.com/careers/ for more info.
Remember when we didn't have to worry about layoffs 24/7?
I miss those days.
No longer feeling safe
Seeing so many amazing people let go during recent layoffs has been a harsh wake-up call. Doesn’t matter how good you are or how solid the numbers are, if the execs want cuts, you're out. Take care of yourself first. These companies are not your... — read more
More layoffs are on the horizon
but there’s no chance in he-l they’ll be transparent about it. They really just make it up as they go along. A real recipe for success.
Upcoming Layoffs
T. Rowe Price has not revealed how many employees were laid off in July 2025 Executives indicated more layoffs may come as part of expense management efforts CEO Robert W. Sharps emphasized the firm’s long-term efficiency plan and cost... — read more
Any updates about next week?
I hope this will be over soon. Either way.
Why have they kept us in the dark?
It’s incredibly inconsiderate. I’ve been extremely anxious, and the atmosphere at work has been awful.
Tech org layoffs?
Has there been any chatter about tech org restructuring or even vague rumors? It seems like it hasn’t come up at all(other than offshoring helpdesk) and can’t think of any obvious targets based on anything happening, but another poster suggested it... — read more
Are we sure it will be Thursdays only?
It would be a relief to have at least some days when we can feel relatively at ease. This constant stress is wearing me down.
Better to know its coming or not...
I have been asking myself this question since last week when I found this site. Of course then I thought it was a one and done and once Thursday passed I was relieved and glad I had the "heads up" as it gave me time to plan and prepare (as best... — read more
Prepare, Don’t Panic
••• I was laid off last Thursday. I received an email Wednesday afternoon for a conspicuous meeting with my manager the next day in a first floor meeting room (not his office). I was laid off the next day. If you get a meeting invite with the subject... — read more
When?
We all know more is coming. But my main issue is when? I'm tired of being stuck stressing over the possibility of layoffs happening at any moment 24/7. Let's get it over with already! I'd rather be laid off and knowing than whatever this is right... — read more
Offered Severance? Please share
If anyone impacted is being offered severance please discuss here if you could, I’m sure there are many people that could benefit from knowing what is on the table.
Layoffs are coming... again, again
I created the initial post calling layoffs starting the week of 07-14-25 (https://www.thelayoff.com/post/@OP+1jzk1a9kr). Initial estimates put that wave at around 140-160 associates, or roughly 2%, far below the target of 5-10%. Layoffs will continue... — read more
Any info on Distribution/Marketing reorg?
After everything went down on Thursday CW all but confirmed a reorg was coming with TM's "retirement" and everyone now rolling up to DS. Seems as though they also laid off a few remaining TM loyalists. At this point we don't know if we should expect... — read more
Top Brass Are Plugging Leaks
Seems like we all know more is coming down this week but the rumor mill has run dry whereas a week ago management was leaking like a sieve. I would bet management noticed there were leaks and people being forewarned about layoffs so now they’ve... — read more
The leadership needs to go
They don't give a damn about us, they don't give a damn about the company, they only care about their own bonuses and whatnot. Sharps is quick to lay people off and he's making millions of dollars! His pay went up from nearly $13M to $19.5M last year... — read more