Do we know if there'll be more layoffs this week?

How many people got laid off in the BRO today?

The teams after the ADLs layoffs have been struggling, management came out with a strategy today, looks like they are trying to figure things out. The leadership in C1 is clueless but they want to imitate big tech, change management is tough. Some... — read more 

https://www.thelayoff.com/t/PFv77BE TheLayoff.com Thread regarding Capital One layoffs Capital One system is anything but fair or equitable Anyone that believes the Capital One system is fair or equitable is not living in reality. The... — read more 

I am in redeployment and there are no opportunities within C1, getting rejected even when I am the perfect match, where as who have friends with Senior Director or higher are getting redeployment appotunities when they even do not meet the... — read more 

There is no internal contact indormation for HR business partners listed for groups inside the company. So if you want to speak with one you have to ask your manager or skip level manager for the name of the person. I know why. They intentionally... — read more 

If you do not get the promotion or the review you expect, it is not your fault, blame the company, your boss, your ethnicity, gender or se-ual orientation. This is exactly what is ruining our country. Everybody is a victim in these really sad... — read more 

https://www.reuters.com/legal/us-labor-board-limits-gag-clauses-severance-agreements-2023-02-22/ Learn more about Reuters home My View Following Saved 2 minute readFebruary 22, 20231:22 PM PSTLast Updated 20 hours ago U.S. labor board limits... — read more 

Target, Capital One, Amazon, Applebee's, and Wells Fargo saw biggest DEI cuts https://www.dailymail.co.uk/news/article-11724079/amp/Goodbye-anti-bias-training-DEI-teams-axed-diversity-RECKONING.html

C1 has opened multiple TPM roles at Director and Senior Director level looking at the job description, I think the next wave of lay offs will be the engineering leads and the Product Managers, looks like TPMs will do the functions of Engineering... — read more 

When I see the twitter feed of #capitalone, it is filled with the bad experience C1 customer have, and the tweets are so unfavorable, when I worked at C1 nobody bothered about customer experience, they cared more about promotions and getting ahead. ... — read more 

The leadership obviously thinks that a cheaper workforce will solve a lot of problems here. I think that a cheaper workforce will bring more harm than good. The time will show.

https://www.business.com/articles/the-end-of-rank-and-yank-management-practices-revisited/ business.com receives compensation from some of the companies listed on this page. Advertising Disclosure b Home> Human Resources> Managing The End of... — read more 

You will be asked and pressured to do associate surveys. They are never anonymous as you're identify and system is always tracked. So if you are pressured then lie and give semi positive results and don't add additional comments. Surveys are used to... — read more 

C1 is laying off because they want to cut cost, they are scared about the credit card late fees bill that Biden is proposing, if that happens the late fees will be capped and there will be revenue loss. But sadly there are other ways to cut cost... — read more 

It's another thing to be laid off after you've spent weeks training your cheaper replacement in another country not knowing you were training your replacement. That adds another layer to the whole thing that is completely despicable. I truly feel for... — read more 

I am seeing this morning that Meta had given bad reviews to thousands recently. This is just business. If you need to get rid of people, you cull the lower performers. Just because you may have been one of the folks who got a bad review and lost... — read more 

Huge layoff in Navigator Platform as they continue to replace us with offshore. Capital One contines to exploit cheap labor while benefiting from Americam Consumers and being bailed out with Americam Tax dollars.

It has been 25 days since we got laid off, how are you holding up, I am still struggling and not able to come to terms with it. This is a challenging situation and I trust and believe that everyone will come out as a winner on the other side of... — read more 

older employees because companies have pay insurance premiums 3x that of a 21 year old women employees because of pregnancy and maternity leave and burden of caring for children makes them less able to commit more of their time disabled... — read more 

The Director and obove hired from outside are completely useless and ignorant about the business and the working of C1, they think C1 is at par with big tech whereas it is nowhere close, they are just imposing the structure and way of working of... — read more 

The reality of the agile layoffs is sinkng in and teams are scambing to fill the void of the ADLs. They want team members to improvise and close the gap of what the ADLs did. It's their company they should figure that out.

Found this article, it is such a good read, this is what happened in C1. I hope management will learn some lessons. How Layoffs Hurt Companies https://knowledge.wharton.upenn.edu/article/how-layoffs-cost-companies/

When I look at the posts here, CI appears to be really bad company to work for, stack rankings, culture of favoritism, bad HR policies, terrible top management, which are all true because I have experienced it first hand. My only regret is why the... — read more 

Told by management they don't do stack rankings contrary to blogs here and on reddit and Glassdoor that they do by employees. Who's lying?

I searched in LinkedIn “Capital one agile” and found hundreds of profiles with heart wrenching posts, it was very sad to see thousand of employees living in Virginia have been laid off. I have also noticed of late C1 is mostly hiring from west... — read more 

A lot of promotions are happening at the top level, director and above. Mostly driven by suck-up-ability. The b.s. index is high in this company.

Has anybody in the redeployment applied for internal jobs and were you successful in getting an interview, please post your experience.

Maybe they thought that fear of getting laid off would make people work even harder, but I notice that the exact opposite is happening. Is there anyone who continued to work hard in such a chaotic and uncertain atmosphere that they created? — read more 

Been here for 5 years in Data Analysis and things don't look too good. Any bets on which Job Family is going to get nuked next?

I don't like what's happening here at all. Cutting institutional knowledge and keeping the greatest mediocrity is completely irrational. I hope that the leadership is not too confident that the best people will be easy to replace or that their jobs... — read more 

Their forced ranking system has been the subject of class action lawsuit since at least 2003. C One stated they would stop doing forced ranking in 2003 but never did and it's 2023. See article... — read more 

CAP1 has been hiring incompetent people in their top positions, they prefer people who look good and talk well and not talent. Card tech will be headed by a joker from Macy, if you look further in his resume he was also in Staples so after bringing... — read more 

I feel a humane way of downsizing would have been, to eliminate the Agile job family as that is what they wanted but giving an option to employees impacted to move either to Product Owner, Technical Project Manager(TPM), or just Project Manager... — read more 

I don't have much optimism that there won't be another round, but that's just my opinion.

They fail to understand that the problem is not agile but bad requirements, the Product Owners are new, do not understand the business have no long term view and would not write user stories. All the Product work is being done by engineers. Also... — read more 

My boss that I trained and in which I took the entire initiative for several major projects in 2022, that I completed without any assistance from him or anyone else, and done correctly, got promoted and not me. He took credit for my work and... — read more 

I think that C1 does not really embrace the internal movement of the workforce. In fact, it seems that most people think that redeployment is just a farce and nothing more?

From my experience the ADLs didn't own the business or technology so didn't add much value. They also used to track metrics that didn't translate to any business meaning.