CEO got a 50% raise earlier this year. Meanwhile since he started his role as CEO, stock price is down by 50%. Make it make sense

Were any KM3 juniors let go during the last cut?

What is the severance policy and payout for employees with less than 5 years of service?

They are laying off all onshore contractors and replacing them with offshore resources.

“That’s capitalism folks. You either succeed or fail or someone could buy us” I heard that from CEO in person about 4 months ago.

Hard that Ram processing department is getting leased out. Like 529 and workplace 401k. And at the qsm leadership pretty said that there is no correlation with rob big salary and the layoff but jobs are secured. And question they sold the location in... — read more 

I left without any sense of guilt, because I knew I needed a job that didn’t consume my evenings and weekends. At first, I worried about letting my team down, but honestly, no one wins when you’re burned out and running on fumes. Moving to a role... — read more 

It’s been six weeks since the July purge, and the fallout is still being felt. The job market is brutal, even highly qualified people are struggling to get a single response. Inside T. Rowe, the situation is even worse: leadership incompetence... — read more 

There's a lot of backside covering and blame shifting. Many people being bullied, forced out, retired, etc. Obviously a good manager helps in terms of advocating for you but there are quite a few rotten eggs and it's not helpful when the bad ones are... — read more 

Campbell & Company LP, a systematic, quantitative investment firm located in Baltimore County just posted two openings for FT Quant Software Developer / Engineer positions. Go to https://www.campbell.com/careers/ for more info.

I miss those days.

Seeing so many amazing people let go during recent layoffs has been a harsh wake-up call. Doesn’t matter how good you are or how solid the numbers are, if the execs want cuts, you're out. Take care of yourself first. These companies are not your... — read more 

but there’s no chance in he-l they’ll be transparent about it. They really just make it up as they go along. A real recipe for success.

T. Rowe Price has not revealed how many employees were laid off in July 2025 Executives indicated more layoffs may come as part of expense management efforts CEO Robert W. Sharps emphasized the firm’s long-term efficiency plan and cost... — read more 

I hope this will be over soon. Either way.

It’s incredibly inconsiderate. I’ve been extremely anxious, and the atmosphere at work has been awful.

Has there been any chatter about tech org restructuring or even vague rumors? It seems like it hasn’t come up at all(other than offshoring helpdesk) and can’t think of any obvious targets based on anything happening, but another poster suggested it... — read more 

It would be a relief to have at least some days when we can feel relatively at ease. This constant stress is wearing me down.

I have been asking myself this question since last week when I found this site. Of course then I thought it was a one and done and once Thursday passed I was relieved and glad I had the "heads up" as it gave me time to plan and prepare (as best... — read more 

••• I was laid off last Thursday. I received an email Wednesday afternoon for a conspicuous meeting with my manager the next day in a first floor meeting room (not his office). I was laid off the next day. If you get a meeting invite with the subject... — read more 

We all know more is coming. But my main issue is when? I'm tired of being stuck stressing over the possibility of layoffs happening at any moment 24/7. Let's get it over with already! I'd rather be laid off and knowing than whatever this is right... — read more 

If anyone impacted is being offered severance please discuss here if you could, I’m sure there are many people that could benefit from knowing what is on the table.

I created the initial post calling layoffs starting the week of 07-14-25 (https://www.thelayoff.com/post/@OP+1jzk1a9kr). Initial estimates put that wave at around 140-160 associates, or roughly 2%, far below the target of 5-10%. Layoffs will continue... — read more 

After everything went down on Thursday CW all but confirmed a reorg was coming with TM's "retirement" and everyone now rolling up to DS. Seems as though they also laid off a few remaining TM loyalists. At this point we don't know if we should expect... — read more 

Seems like we all know more is coming down this week but the rumor mill has run dry whereas a week ago management was leaking like a sieve. I would bet management noticed there were leaks and people being forewarned about layoffs so now they’ve... — read more 

They don't give a damn about us, they don't give a damn about the company, they only care about their own bonuses and whatnot. Sharps is quick to lay people off and he's making millions of dollars! His pay went up from nearly $13M to $19.5M last year... — read more 

What do we do about our ESPP?

I’m not hearing much, which, given the circumstances, isn’t really a good sign.

There will def be more layoffs in techops and tech adjacent roles. They'll be cutting mainframe support roles as soon as the mainframe transition is complete in a couple months. They'll be looking to cut more people before the end of the year so... — read more 

Anyone from Global Distribution on this board? Were you impacted and can you share anything?

We still don’t know if the layoffs are over, how many people they’ve been targeting, or how many in the US are actually going to be cut. Silence is deafening.

The investment management firm is lowering payroll as part of a larger plan to reduce expenses. It declined to specify how many employees have been laid off or to break down the cuts nationally versus... — read more 

One moment everything feels stable, and then it’s just gone. It’s hard not to let your mind run wild with worry. For anyone who’s been through this, how did you keep yourself grounded? I could really use some guidance right now.

I highly doubt this was it. Any thoughts on how long we're safe for before layoffs continue?

It's hard to get comprehensive info about the layoffs, but I'm genuinely curious if there were any areas that were safe in this round? And if the answer is yes, on an unrelated note, are you hiring?

Is the firm not required to enter into collective consultation, given it appears more then 20 individuals have been let go? I understand they are only doing individual consultation?

The firm lost a lot of good people. A lot of the blame should go to the deadwood in Distribution. Don't get me wrong there are a few good people in that division. However, it has become filled with lazy, useless, superficial salespeople who are more... — read more 

I’ve been actively looking for a new role for the past 6 months, I read the writing on the wall and the time finally came (and more to come). I feel bad as someone who already wants to leave, yet wasn’t impacted. I truly feel for those who were let... — read more 

Ive heard all this from many former colleagues there. Sad to see such a great firm fall apart so fast. Best thing all of you could do on Monday is show up and stand in that big new lobby they have in unity as everyone arrives...don't go to your... — read more