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 locally.
https://www.thebaltimorebanner.com/economy/t-rowe-price-is-laying-off-employees-SZBY6XGKM5FQ5EDRRVRHWLJWPA/
@a8 Better get busy on those TPS reports.
One day the C Suite folks decided to watch the movie Office Space.
BOB PORTER
Well, these people here. First, Mr. Samir Naga...Naga...
BOB SLYDELL
Naga...
BOB PORTER
Naga-worker here anyway!
The Bobs laugh.
BOB SLYDELL
Mr. Mike Bolton. We're certainly gonna miss him.
PETER
You're gonna layoff Samir and Michael!?
BOB PORTER
We're gonna bring in some entry level graduates for us to work in
Singapore, that's the usual deal.
BOB SLYDELL
Well, it's standard operating procedure.