Now is the time for a general strike. ORGANIZE OFFLINE!

Speak up in meetings they hate that

When do we think the next round of integration/restructuring layoffs will happen? Probably at least one more big one before the end of the year?

The overall theme of why Capital One’s performance system is criticized as "worse" than General Electric's (GE), or what other stack-ranking companies do, boils down to a core concept: The We-ponization of Bureaucracy. [1, 2] While older models were... — read more 

Has anyone else had constant org changes, and it’s not all adding up? As we approach the next layoff round, it’s getting very eerie around here. I’m a bit scared. However, it also doesn’t make sense to do all these org changes only for us to be laid... — read more 

https://www.nationaldayarchives.com/day/national-care-for-your-coworker-day/ What is National Care for Your Coworker Day? The greatest asset you can have at your job is working with a great team. We often spend more time with our coworkers than we do... — read more 

Prepare for pip. I heard many got BS so they can be fired

Capital One is a major U.S. bank and credit card issuer known for its robust rewards ecosystem and strong market position. However, the mention of "rankings" and "PIPs" refers to internal corporate terminology rather than credit cards: [1, 2, 3, 4... — read more 

As a new employee about to start on Monday, how secure is the Richmond office? Can anyone just get on the campus, or is there security at the entrance where you need to show your badge to enter? I don’t want to walk out to the parking lot and see... — read more 

Anyone from dfs been asked to go to Plano office starting September?

Enhanced severance for legacy DFS ends at the end of Q2 2027. From what I have read, the legacy severance plan pays the same regardless if reason is restructuring or poor performance. Regular COF severance for poor performance is only 12 weeks. So do... — read more 

I keep seeing people expect this to be over soon and that things will go back to normal. It's hard not to pity them. Normal is so far behind us it's barely a dot on the horizon anymore. There's no "over soon." This horror is the new normal.

Yes, Richard Fairbank, the founder, chairman, and CEO of Capital One Financial Corporation, is a billionaire It’s like do your job they will eventually walk you out

Capital One's CEO, Richard Fairbank, received $40 million in total compensation for 2025. His unique pay package does not include a traditional cash salary but is instead entirely performance-based, consisting primarily of performance share units and... — read more 

Corporate America does not care about employees. To increase profits, these entities will lay off employees. They view their employees as units of production

I’ll be starting in August in the payments organization at the McLean office, relocating from Atlanta, Ga. Very nervous. Any insight into what the first 3-4 weeks will be like?

Does anyone have any real insight into the typical distribution of Below Strong, Strong, and Above Strong ratings? I’m curious what percentage of employees generally fall into each category during calibration.

Anyone hear a rumor about something coming in Auto Finance?

A few years ago I was in an office and passed by a conference and saw a Google Slides presentation. I looked closer and saw it was a presentation about feedback from Card Services employees about return to office and stack rankings. I took a picture... — read more 

Is this return to office in September an attempt to get moreee people to quit? Anyone able to get out of this?? How???

The Wall Street Journal evaluates how leading US corps stack up in 6 areas: AI readiness, innovation, talent readiness, financial fitness, resilience and agility. Capital One ranks #82 overall with an Overall Score of 58.4, placing it 2nd out of 14... — read more 

And dfs employees are being thrown under the bus and calibrating to below strong. This is to fill up the pip quota in order to save Cof employees. Managers in dfs are new to this process so they can’t adequately defend their employees. Anyone else... — read more 

Silence

I don’t think there will be additional “layoffs” like the ones Monday until later in the year. Correct me if I am wrong, but the Monday layoffs were probably part of the 81 cited in the WARN earlier this year. What Capital One will probably look to... — read more 

Most likely from next week on.

Will there be more cuts?

Lots of Scrum masters and Architects let go. Flushing years of knowledge down the drain.

Anyone know how many were hit and which teams?

Credit: https://www.hcamag.com/us/specialization/employment-law/ex-manager-sues-capital-one-alleges-forced-ranking-drove-layoff-pick/576317 UNITED STATES Employment law Ex-manager sues Capital One, alleges "forced ranking" drove layoff... — read more 

I hope they talk about the strategic layoffs that are to come for dfs folks

I’m gonna guess 5/26 What say you?

Look at the capital one intranet. The “legacy discover severance plan and spd” just got updated as of May 1, 2026. They are planning to lay off more legacy discover folks

If we do not accept pip? Is it less than the layoffs from February?

Hey all, here again. My long tenured role within capital one was not fairly compensated. Amidst my rapid, unjust departure, all I was provided for years of high level work was a cheap necklace from capital one. It’s actually broken and is being held... — read more 

With Microsoft offering voluntary early retirement along with a bunch of other companies, why does CapOne not follow? Quick way to unload a bunch of people, especially from Discover.

More layoffs to come. I hope I’m impacted and they package me out

I departed Discover in Jan 2025. Discover offered a over arching payout for those who wish to Opt-In and depart. I took it since I had reviewed this C1 on this site and was not impressed. I run into a few people who still work for Discover/C1 and... — read more 

Legacy discover employee hoping to be pip’d out so I can return to my country Just want to get a package and not quit. Q1 is over already, when do pips usually come?

I keep getting an notification in the mail of some settlement that I was unknowingly a beneficiary between 2018-2026. I got a similar notification from another competitor and then was sent a check for $20.00. I'm not expecting anything from C1, but... — read more