Thread regarding T. Rowe Price Group Inc. layoffs

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 lately throughout the company?


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Post ID: @OP+1kt3t73nf

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@OP performance issue or misconduct?

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Post ID: @eg+1kt3t73nf

can you mention "roughly" what group or division...was going to just say if it's tech in the US, could see them just showing people the door. also know that people realistically may be going through performance processes and just running out of time.
there are increasingly common and help the company show people the door without severances. it's just a cost cutting move that other places use.
as a general matter, i'm curious if the company now has an internal attrition goal? just thinking about when Amazon did and didn't have attrition goals, it significantly affected whether and how many people would get fired

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Post ID: @cc+1kt3t73nf

Did they do something bad that you may not know about? At my fiancee's job, a guy just got fired. Their USB drive access is limited there as it is at T Rowe, but my fiancee's team gets special access because they need to write to thumb drives for their jobs. They learned that the guy who was fired had written 10,000 files to his USB port - which is not normal for what gets written to the cards for work. He was fired for stealing company info - not sure if he was able to make it out of the building with his cards or not. By all accounts he was a "nice guy" in the office. You never know what your co-workers are up to.

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Post ID: @b5+1kt3t73nf

What group?

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Post ID: @ay+1kt3t73nf

Guessing you’re in USA? Firing is harder in other countries.

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Post ID: @ah+1kt3t73nf

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