What are the odds management will downsize from an office they paid top $ to fit out a few years ago? Or lease out a part to some dodgy crypto shop?
401k lawsuit against TRP?
Anyone else seen this before? Regarding possible violation of employee rights in TRP 401k plan? https://bivens.plaintip.com/index.php/t-rowe-price-group/?li_fat_id=c9089eae-4599-4ec0-9a7b-9e4f1ed5a216&*CA
Getting nervous before earnings
It seems we always have bigger layoffs right around earnings time and I’m getting nervous. There is an absence of transparency where there was in the past, speaking for myself only. Earnings call on Feb 4
Human Resources
Yes — that’s a strong, constructive addition. Here’s a refined version that incorporates true partnership while staying concise, professional, and safely anonymous: ⸻ The most effective HR professionals retain humility and humanity. They remain... — read more
Watch your back here
Consider everyone a competitor, not a coworker. I trusted someone and they used it against me to look better. Its every person for themselves.
December Outflows
Company releases are showing preliminary net outflows of US$12B for the month of December and US$26B for Q4 2025. This is one of the worst quarters in a long time. The company needs more change NOW! Lazy salespeople be gone!
Why does it feel like showmanship wins?
Is it just me, or does it feel like you have to be the loudest person in every meeting to get noticed around here? I keep my head down, hit all my goals, and still feel invisible compared to the people who just talk the most. I really shouldn't have... — read more
Time for an outsider at the top
TRP is so behind our peers in so many ways. Those who have spent their careers here often don’t see the issues or aren’t willing to challenge them. It’s time to bring in more new blood at the top levels to turn the ship around. The focus should be on... — read more
Newer hires: total letdown?
Many have commented on the change in culture and how the company has changed for the worse. Does a lot of this have to do with the newer hires over the past few years? The company has hired a lot of new people and to be fair some have been good... — read more
2026 Q1 reprieve or calm before the storm?
What do people think? A pause to see if the business turns around or even more cuts to come?
Understanding Outflows?
Has corporate told us which strategies are driving outflows the most? Remembering the blue chip flip during 2020. 8 billion is a lot.
Looking for some info on layoffs
I am only a few months into my time here, and it is already sinking in that layoffs might be part of the landscape here, which has me more on edge than I expected to be so early into a new role. I am trying to get a sense of whether this is something... — read more
Distribution layoffs in 2026
I’m hearing some talk on Distribution might be laying off next year. Which is now only a few weeks away. Anyone hearing this too or something similar?
NOV Earnings Release
Ge-z, 8B prelim net outflows just for November. Things aren’t getting better…
Making do with less resources
Laying off staff and trying to make do with less resources… New staff who don’t know much about the job and the company… Tenured associates with the role and company knowledge gone… News flash T Rowe, what do you think is going to happen? Who is... — read more
Layoffs
Does anybody really believe we'll have more layoffs this close to Christmas? Because I don't.
Pay attention to signs
At my last job, we had been restructuring, updating manuals, doing extra audits, but I brushed it off. Then one coworker got cut. Soon, discussions about automating tasks began. A month later I was handed the pink slip. Looking back, the warning... — read more
Layoff and severance data
The quarterly earnings release is a good place to check for numbers. You can find it online. Q4 is obviously not available yet; these are from the Q3 report: Compensation, benefits, and related costs in Q3 2025 of $632.5 million decreased […] $16.3... — read more
More Org Changes in GCAS
GCAS moving to a functional accountability model, head of CIM APAC is gone and will be overseen by a US head. Honestly this is a good change because CIM APAC has been a disaster for years with no accountability or desire to follow required internal... — read more
Holiday Events?
Our team is not having any holiday event this year.. curious is other teams are doing something. If yes, is it comparable/better/worse than previous years?
PSA - Unethical managers and bonuses
Based on my experiences in Australia, bonuses are not merit based but essentially based on how well you get along with your boss. They can make all your hard work and outcomes achieved throughout the year meaningless. They dictate your year end... — read more
Layoffs before Christmas?
As November ends and December begins, what are the odds of more layoffs before Christmas? Management’s cruelty knows no bounds and they have terminated people with an effective day of Christmas Day before. They have ruined lives and enjoy doing so... — read more
YE comp vibes (aka group therapy)
Starting an anonymous comp thread. Not because I’m passionate about it — just because it felt like one of those things where everyone’s waiting for someone else to go first. So… here we are. So no one gets doxxed we’ll keep it high level Org Area:... — read more
Why are they doing “secret” layoffs?
There’s been multiple layoffs in the past week where they are only informing associates internal to that particular org. Are they planning to inform the rest of the firm? Genuinely wondering.
Happy Thanksgiving
For those celebrating the US Thanksgiving holiday (and all others of course), wishing you the best! I hope that despite the circumstances, you can share time, laughter, and love with those closest to you this week. At the end of the day, this is... — read more
Accenture
I found this interesting. It is from Reddit. So our Accenture replacements don't necessarily come here with solid work experience as they used to expect from people applying to work at TROWE. In between assignments they encourage their workers to... — read more
Layoff Emails
What kind of emails are they sending to people regarding layoffs? I’ve heard a couple different ways they’ve been handled.
This week’s layoffs
Thursday came around quick. Anyone impacted this week or know of anyone? Someone said ~10 in GCAS tech but I would think more for just before December starts. Thoughts with those that are and have been laid off.
Why do L4/L5 managers get to avoid annual 360 feedback from their directs?
If you’ve experienced five years of consistent outflows, you need to examine the root cause: leadership. Start there to fix the problem.
Any news for this week?
Hoping we’re done for the holidays, but not feeling very confident.
Nobody should think they're safe
Losing my job in the past taught me real quick that nobody is as safe as they think they are, and the moment you settle in, that is when the rug gets pulled. I have been hit twice over the years, and both times I walked around thinking I was set and... — read more
Some layoffs in GSM
Some in APAC were let go this morning (APAC time) and some are being invited to a meeting in EMEA and US now while I am writing.
Teams Outsourced?
If this forum is a reflection of layoffs, it almost appears IT have been decimated by layoffs much more than other teams. Can I ask which IT teams have definitively been outsourced? Also, which other teams have had meaningful layoffs? Doesn’t seem to... — read more
Round 3 of Outsourcing confirmed
Received reputable information that a 3rd round and most likely more to follow is confirmed. At this point if you’re under Chris Lepre and haven’t received an NDA offer to be part of the long term retooling and full infrastructure and operations... — read more
Be encouraged…
Times are tough. Changes are coming so fast we can barely keep track. Don’t be discouraged. It is so easy to stay in that mindset. Everyone has moments or seasons, but there is a way through and we will band together to find it. Within TRP or... — read more
Why do I have a feeling there'll me more cuts this week?
Please, somebody, tell me I'm wrong.
Today Organizational Announcements (IT)
Does anyone have any insights on the COO leaving? Is she training Accenture to do her job too? I never thought they'd let her slip away given hiring goals.
Retail business shift?
When will TRP outsource retail account servicing like they did for their workplace retirement and 529 businesses? Seems like they could be more profitable as a pure asset manager with less overhead.
Outsourcing to Continue?
It started with parts of Tech. Will parts of Operations and Marketing be outsourced? Who knows, maybe even Distribution in certain markets.