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
Employee Stock Purchase Plan
What do we do about our ESPP?
Any updates for this week?
I’m not hearing much, which, given the circumstances, isn’t really a good sign.
Is this confirmed regarding layoffs?
There will def be more layoffs in techops and tech adjacent roles. They'll be cutting mainframe support roles as soon as the mainframe transition is complete in a couple months. They'll be looking to cut more people before the end of the year so... — read more
Global Distribution Reorg
Anyone from Global Distribution on this board? Were you impacted and can you share anything?
So basically… we still know nothing?
We still don’t know if the layoffs are over, how many people they’ve been targeting, or how many in the US are actually going to be cut. Silence is deafening.
Months after unveiling new headquarters in Baltimore, T. Rowe Price is laying off employees
The investment management firm is lowering payroll as part of a larger plan to reduce expenses. It declined to specify how many employees have been laid off or to break down the cuts nationally versus... — read more
Still trying to process being laid off
One moment everything feels stable, and then it’s just gone. It’s hard not to let your mind run wild with worry. For anyone who’s been through this, how did you keep yourself grounded? I could really use some guidance right now.
More layoffs
I highly doubt this was it. Any thoughts on how long we're safe for before layoffs continue?
Were any areas safe?
It's hard to get comprehensive info about the layoffs, but I'm genuinely curious if there were any areas that were safe in this round? And if the answer is yes, on an unrelated note, are you hiring?
Collective vs Individual Consultation
Is the firm not required to enter into collective consultation, given it appears more then 20 individuals have been let go? I understand they are only doing individual consultation?
Get rid of the deadwood in Distribution
The firm lost a lot of good people. A lot of the blame should go to the deadwood in Distribution. Don't get me wrong there are a few good people in that division. However, it has become filled with lazy, useless, superficial salespeople who are more... — read more
Sigh…what now
I’ve been actively looking for a new role for the past 6 months, I read the writing on the wall and the time finally came (and more to come). I feel bad as someone who already wants to leave, yet wasn’t impacted. I truly feel for those who were let... — read more
Mutiny
Ive heard all this from many former colleagues there. Sad to see such a great firm fall apart so fast. Best thing all of you could do on Monday is show up and stand in that big new lobby they have in unity as everyone arrives...don't go to your... — read more
Move on and don't try to rationalize or understand why you
I was part of the 2018 purge. Did not make logical sense and, while the group was relatively small, it was impactful. I was lucky to find out via phone since I was off that day. I remember hearing what was going on and wondering what I was... — read more
Make decisions that are right for you
If you were just laid off, I know how overwhelming it feels right now, but take a breath and start moving one step at a time. I applied to over 100 jobs when it happened to me, and it took a while, but I ended up with multiple interviews and three... — read more
This will have consequences
The leadership thinks swapping out experienced folks for cheaper new hires and outsourced labor is smart business, but it always backfires. Morale tanks when solid people get cut, and most of the ones left start looking for exits. You can’t build... — read more
I feel bad about not being laid off
From what I've read in some threads, there was a limited voluntary round before this. If this is true, why didn't they make it available to all of us? Plenty of us are here only until something better pops up. Taking severance would work perfectly... — read more
Layoff Messaging Failure
I have to say, the vague messaging around this round of layoffs is a real failure. Instead of giving your associates the facts, we're forced to attempt to make sense of what's happening in this very public forum. I don't think our investors would... — read more
I can understand offshoring, to an extent
It’s simple-minded, short-sighted, and not particularly strategic. And clients suffer too. But when decisions are driven purely by numbers, it makes a certain kind of sense. Outsourcing to local consultancies, though? They just offshore too, and take... — read more
There's a lot of reorganization happening
I can only assume that means more layoffs are coming. Not necessarily a major round, but small groups here and there. Just enough to ensure we never get even a day or two of peace of mind.
Any cuts in London?
Has anyone been let go in Warwick Court?
I suspect TRP owns layoff.com
I've seen posts disapear, they are removing things that they do not like
Prepare for increased workload
I'm betting you that we'll have to do the extra work now that people have been kicked out. There'll be no backfilling, that's for sure, but the volume of work will stay the same. They don't care if we'll be able to do it, it'll just be expected... — read more
Any investment staff laid off?
It’s their fault outflows are so bad. The new horizons guy should just be the start l
Do you think we are done w/cuts for 2025?
I know we cannot be certain but just curious what folks are thinking
Memo
We are at a pivotal moment on our path back to organic growth. In the face of rapidly changing industry dynamics, we are committed to making the decisions necessary to invest in our strategy and take advantage of the opportunities ahead. This... — read more
So I asked AI to Give Tips to Journalists based on what was posted on this site... Feel free to add, or adjust...
In mid-July 2025, employees at T. Rowe Price began to receive vague calendar invites titled “Business Update” with Zoom links. For many, this was the quiet prelude to a much louder outcome: a significant wave of layoffs that reportedly affected... — read more
Let's List Teams & Positions Affected
Please do not people's names here, nobody would want their name displayed in public
Media Coverage So Far
Title: T. Rowe Price Lays Off Undisclosed Number of Employees Amid Organizational Shift Source Name: Baltimore Sun URL:... — read more