Thread regarding T. Rowe Price Group Inc. layoffs

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 signs were glaring. Only I didn’t want to admit it. Painful lesson. Make sure not to repeat it.


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| 1801 views | | 9 replies (last December 11) | Reply
Post ID: @OP+1kbwwebrt

9 replies (most recent on top)

@n6
Go watch Fast and Furious

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Post ID: @v1+1kbwwebrt

@OP da fuq is pink slip?

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Post ID: @n6+1kbwwebrt

Ship sinking, sinking ship. Ship that sinks and sink the ship. Rats can’t swim.

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Post ID: @hp+1kbwwebrt

@f7 passive doesn’t make much money

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Post ID: @g2+1kbwwebrt

Ultimately, the biggest sign was when management double-downed on active investment instead of adopting more passive funds. That was the beginning of the end. Kodak wouldn't adopt digital cameras and died off. Apple sold iphones by sacrificing ipods. The rest is history

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Post ID: @f7+1kbwwebrt

The only sign you need is atrocious leadership. Layoffs will soon follow and linger with a bad smell.

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Post ID: @f6+1kbwwebrt

"Updating manuals" and "automating tasks" and someone added "so you probably have more time than your last job". Yes - for the past 5 years, "automation" has been pushed in IT. These seem to want everything coded into something that can be put into the scheduler that even a caveman can do. But a few years ago we were pushed into adding stuff to a knowledge base, but that seemed to fizzle out. I still see documentation lacking, but I guess that is what the severance period is for. It is kind of short sighted because all of these automated tasks are great until something changes and the code needs to be updated. The cheap button pressers they are hiring won't be able to do it. And the Accenture workers who coded the "new" ServiceNow are terrible. We uncover bugs regularly in it. Good luck T Rowe. People SHOULD start sending resumes out because if they feel like they are doing this too slow they will ramp up regardless of repercussions once good workers are shown the door. No one in management wants to hear anything bad about their precious "partners". I smell kickbacks.

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Post ID: @dp+1kbwwebrt

@OP the biggest sign is when your boss tells you to start a log of your tasks and responsibilities

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Post ID: @cg+1kbwwebrt

The company is slow though, so you probably have more time than your last job

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Post ID: @am+1kbwwebrt

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