17-07-2025
T. Rowe Price Cuts Jobs Across the Firm After Years of Outflows
By and Loukia Gyftopoulou
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T. Rowe Price Group Inc. is making a business-wide round of job cuts as the Baltimore-based asset manager grapples with outflows and other pressures.
The firm is cutting a number of positions across all departments and has already contacted the affected employees, according to a memo sent to staff Thursday and seen by Bloomberg News. The memo didn't specify the number of roles the asset manager has eliminated.
