I'll say it plainly. This is a blind company without any real direction. If you think I'm wrong, go ahead and prove it.
Eric Veiel out of touch joke at Town Hall
At the ISP Town Hall last week, during the agenda portion at the beginning the moderator mentioned QA’s and a meeting pulse. Eric said “you’re not going to allow 4-1 questions right?” Leadership in the room all giggled. Then he said “gas prices are... — read more
Are you a Producer or Consumer
There’s so much angst and misdirected frustration on this forum. This is an investment company. Not IT, not Distribution, not “Architecture”. Only 10% of associates are investment staff. They generate the profits. They make the money. Rest all... — read more
What's happening with accountability?
I've witnessed several managers openly talk about protecting themselves whenever deadlines slip or projects run into trouble. Meetings usually turn into long discussions about who caused the issue rather than how to solve it. Very few people seem... — read more
Have some class solidarity. We are brokies
Anyone else not getting paid c suite money is a part of the brokie class. That includes the d-mb white men that hates everyone and thinks they deserve more. There is no DEI garbage anymore after trump took over. Anyways, 200k a year in this economy... — read more
Two people fired
In my org, two people were shown the door yesterday. It wasn't a layoff but outright firing. This is after another person was fired a few months ago. I won't lie, the whole thing is making me very nervous. Is this something that's been happening more... — read more
The question I have been asking myself for years
I used to think that liking your job was a normal expectation, something that most people could reasonably hope for. After spending so much time in this place, I am genuinely not sure anymore. Is there an assumption that we are all just supposed to... — read more
Managers getting paid out crazy amounts
Do the math! Redundancy costs and also staff decreases are in the notices. If you average it out it’s a lot more than most people are getting. What gives? Obviously there are a few people who are getting paid out a big fat wad of cash while most of... — read more
It's a joke, right?
Looking at Seb Page's "mental health" advice - Watch Netflix on sundays?!??!? How fu--ing out of touch with people do you have to be???????
Endless Tech Architecture Reorgs
That’s at least three architecture team reorgs in recent years. Moving the same people into new titles isn't going to fix the core issues
Affected folks - those laid off since April 2025 - Have you found new jobs?
Has anyone forced out or currently training their replacements have any luck finding a new job? Can you share any tips? Did that "job search assistance" they offer help at all? I read that you get taxed in your severance for that "benefit". If it... — read more
Maryland Preakness Stakes
Has T Rowe Price ever had a "corporate tent" at the Preakness race? If so, did they have one this year? Hiring cheap labor really opened the door for "leadership" to treat themselves right - VIP suites at Orioles and Ravens and waterfront harbor... — read more
Any thoughts about the management swap at top?
Is this curtains for RS? Will it change anything
We have jobs until January!
Per Rob’s most recent email, our teams will remain intact until January 1st. After that? Who knows!
Toxic culture or a few toxic people?
I’ve been shocked by the amount of disdain directed at long-time T. Rowe associates on this board, especially toward IT staff. It’s hard to tell whether this comes from just a few loud voices with axes to grind or a broader sentiment. My experience... — read more
The warning signs I wish I'd known
I'm putting this out there for my former coworkers who might be in denial like I was. You might be getting managed out if your work is suddenly being micromanaged. If you're getting impossible deadlines. If you're being left out of meetings you used... — read more
April Outflows - 10.6B
USD10.6B outflows in April alone. What the helly! Do you think lazy RM teams marked those client accounts as vulnerable?
Depressing TDO Town Hall
No energy. No details. Just work faster and harder.
Short term thinking
Our leadership only cares about costs and stock prices right now. Long term? That's someone else's problem. We're all just numbers to them.
Centralising teams
What are the odds they will clear whole team from small offices internationally? They’ve done it to some lone rangers but what about other teams?
F2BOW Initiative
What are your thoughts on the new initiative?
On Executives!
I'll be brief - almost all of them are always performative, vague... overly scripted and fu--ing unable to execute...
Cheap Tools Cheap Results
TRP is the only place I’ve worked where used a VDI; all other jobs provided a dedicated developer laptop. The VDI crashes all the time while I'm working. Honestly, how can you expect good results when the tools you’re given to build them are so... — read more
Accenture @ TRP
Thoughts on our "Partners"?
Trash Out of T Rowe
Lazy, arrogant, uneducated, entitled, useless TRASH do not deserve a job here or anywhere
“The Culture Speaks for Itself” — But Is Anyone Listening?
The “first of many” associate all-hands left a bad taste in my mouth, for more reasons than I can fully articulate. The shift to the Harbor Point studio was the first jarring departure from the cozy, informal town halls we had grown used to before... — read more
AI not the answer to everything
Sure, AI has it's place, but it's not a solution for everything. Employees are raising real, valid concerns: rising costs, the need for more flexible work arrangements, job security, and clarity around salaries and bonuses. Redirecting those... — read more
All Associate Town Hall
MeetingPulse is already open and the first 2 questions are about WFH. Thoughts?
Purpose of This Site - Gone Off the Rails
This site should be one that provides information for those who have been affected by a layoff. It has devolved into name calling, bashing the company, and just saying mean things about current employees. Seriously, if you just want to say mean... — read more
Why come into the office just for a chat?
Just stay at home and don’t distract everyone else. Trying to concentrate is hard enough even with the whole flex desk BS. No one needs to hear a blow by blow of your personal problems. There are still people at this company that actually have... — read more
Why hire people that are going to leave in a few years?
Don’t get me wrong I’m all for hiring ambitious people. But why when someone screams “I’m using this as a stepping stone” do you hire them? You do realise your stakeholders internally have to tolerate their mediocre work, slow deliverables and lack... — read more
Why is the stock going up?
Up almost $10 from lows in less than a month. Is there a reason or just random?
Have a wonderful day!
Google AI question: Has Accenture taken jobs from investment firms other that IT? Yes, Accenture has taken over significant non-IT operational and business functions from investment firms, asset managers, and capital markets entities. Through its... — read more
Interesting
https://mikethunderphillips.substack.com/p/the-layoff-nobody-wants-to-talk-about
The TRP Culture is Dead (Long Live the FNMA Culture)
It is alarming when senior people are leaving TRP and they are leaving because the culture is dying. It started when they brought in Kimberly Johnson (COO) and it has gone progressively worse with leaders like Ramon Richards and Chris LePre. The... — read more
Command Center outsourced?
I heard the Command Center and Help Desk departments were recently outsourced before the New Year? And now from seeing this site, it seems that a lot of departments are being slashed? Wow. How is this affecting the day to day operations with the app... — read more