Thread regarding T. Rowe Price Group Inc. layoffs

Layoffs in front/middle/back office to come

The consultants hired for the F2BOW initiative have set a target headcount reduction of 60-100. This is for business only, tech headcount reductions haven’t been determined yet, but they said there is significant “capacity creation” there as well. No set date, but probably later this year.


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Post ID: @OP+1kvzj5z01

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@be all US associates have WFH next week afaik

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Post ID: @bj+1kvzj5z01

@ap who’s remote working all next week? First I’ve heard about it.

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Post ID: @be+1kvzj5z01

The whole company is remote next week. Maybe this is the new Thursday email telling us to work from home on Friday so we can wait for lay off emails. Welcome to Q3!

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Post ID: @ap+1kvzj5z01

Maybe after Q2 like last year

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Post ID: @ae+1kvzj5z01

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