Thread regarding T. Rowe Price Group Inc. layoffs

Am I being naive to think we won't have any more layoffs at least for a while?


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Post ID: @OP+1krm6cbb0

8 replies (most recent on top)

Yes. Because 1) there are other groups besides IT that have been going through this stuff nonstop too and those people aren’t posting here and 2) the associate engagement survey closes tomorrow after which changes and reorgs can resume.

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Post ID: @1za+1krm6cbb0

@cs I was where you are now 1 year ago and I am currently "transitioning" out because Accenture and AI are the greatest things ever according to these people. Bone up on your job search skills, you'll be glad you did.

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Post ID: @t3+1krm6cbb0

You’re probably safe if you think there aren’t layoffs coming up. In my department, they’ve made it clear there will be layoffs this year, and my manager confirmed it (but doesn’t know if we’re affected… yet)

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Post ID: @cs+1krm6cbb0

If there is a cheap worker somewhere on the planet with a network connection that can somewhat do your job, T Rowe will find them and shoehorn them into your role, whether they have talent or not. This management team aims to maximize their own enrichment whether they run this shthole into the ground or not. Just be alert and keep your resume updated.

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Post ID: @cc+1krm6cbb0

@ax there’s no formula. Depends on the person

Maybe im wrong but a lot of old timers got treated well

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Post ID: @az+1krm6cbb0

If it happens how much severance can one expect? Any comments?

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Post ID: @ax+1krm6cbb0

It depends on what you mean by a while. there are several initiatives in flight that will wrap up in the next few months that I predict will be followed by another round. hope I am wrong. i am fortunate to be in a position to wait it out and collect severance and be ok. i sincerely feel bad for the many who are in different positions. Again , sincerely hope I am very wrong.

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Post ID: @ak+1krm6cbb0

Yes, very much so.

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Post ID: @aj+1krm6cbb0

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