This was just the opening salvo. Look around you. Both industries we fit in are in crisis. This will not end anytime soon and by the time it does, many more of us will be jobless. My advice is to start looking for a new job right now, even if you're... — read more 

Replacing agile project and program mgrs by product and engineering teams... many problems could arise from this, right?

Nothing new at C1. I survived this round. More coming? Always in a few months and during next performance round.

I was a member of the C1 family for over 18 years. The last 2 years were a nightmare. Our department grew from 85 to over 500. They brought in these "JOKE" leaders who instead of focusing on solving fun challenges and problems had us attend DEI... — read more 

I understand that losing your job is very stressful, especially when the economy is bad. However, it is possible to find a better job, I speak from experience. I recently left and I'm sorry I didn't go sooner. Losing your job doesn't mean you weren't... — read more 

From what I can understand - and I've asked around quite a bit - no engineers were part of the 1,100 laid of employees. Does this mean we're safe? I'm worried that since none were impacted in this round it's not that we're safe but that our turn is... — read more 

I was quite surprised by these layoffs.

I am very sorry for everyone who was impacted and I wish you all the best of luck with your new job search. These are very difficult times in general. I am an outsider, but I had a friend who once worked here. I'm interested in what's the severance... — read more 

Atleast 1,100 full time associate have been laid of by CapitalOne. With no clear reason as to the cause of the layoffs.

Today Capital One eliminated every agile role within technology, and thousands of people have been impacted.

Looks like 10-15% of the company just got axes, all ADL and agile adjacent roles are gone as of February 1st.

I'd like to add it to a layoffs trackers list

I am sorry to hear that ADL people got laid off (if it's true) but I would most like to be laid off too. I never thought that one day I would want to be cut, but now I do because it has become unbearably stressful and hard to work here. I'm sure... — read more 

I heard that all Agile Delivery Leads are laid off, could be around 1100 total. Can anyone else confirm?

How do you do?

Happy New Year! NOT looking forward to starting work in 2023...wondering if I'll suddenly be in the "new" bottom 15% after this next wave.

A very interesting take on the state of Capital One Gold Seek: Capital One: Danger, Will Robinson, Danger!. https://goldseek.com/article/capital-one-danger-will-robinson-danger

Today in Culture Cloud the application that allows employees to send SNAP awards to others for good work done. I saw someone send an award to my boss for all the hard work I've done when he didn't do any of the work. That person didn't bother to... — read more 

Most of Capital One contractors have been laid off this past week. Some of them posted about it on social media and some kept quiet. They were laid off despite the fact it’s a dead season on the job market before the holidays. Contractors at Capital... — read more 

This is a generic discussion thread to capture comments about potential Capital One layoffs? Any chatter, news or rumors?

That would save money on severance pay and I still think that is the main focus now: to create enormous pressure and make as many people as possible leave voluntarily. Many will certainly do it, but there are many of us who would not want to miss... — read more 

Are more layoffs coming? It's hard to feel comfortable in my role and keep my mind on work because I keep thinking that more layoffs are inevitable. How much slower can it get? And then in February I'm sure we'll hear all about our record profits... — read more 

I just started on the banking side, wondering if I will be layed off

Even if I survive these cuts, my priority will be to get out of here. The lack of job security is the primary source of stress for me and working hard to increase your chances of survival is almost meaningless when it comes to cuts here.

I think I looked more shell shocked than some people who were affected. The reason is that these people who were cut were some of the best employees. Is it possible that this company no longer needs talented and capable people? All in all, very... — read more 

I heard that this is just the beginning and only the first round.

Yesterday 11/9 they called us into a zoom meeting and let us know we were cut. Most of our team was decimated. Recently the apps were slowing down,so perhaps looking back the writing was on the wall. From my experience capOne was full of suck ups who... — read more 

Today they laid off 5 managers and 4 managers from yesterday. Two associates from another department. Multiple specialty and core funders. They released people based off PIP, below strong and favoritism.

I hope it stops here but the recession is upon us.

Yesterday management in auto finance with capital one got laid off. About 5-6 total. Today additional zoom invites have been sent out for funding coordinators and specialty (more of funding) as well as sales teams in auto. They’re told in two... — read more 

Layoffs are coming in Auto. Specific cuts are not yet decided, but tech and Directors are being talked about. Impact is big. Timing is not known.

It's year end calibration and everyone is asking those they know to give them good reviews so to stay alive during forced ranking for end of year reviews. Many executives in IT and Cyber and Risk are completely unqualified and never had the... — read more 

"In August, card issuers delinquency and charge-off rates continued to slowly increase. Wall Street analysts have warned that the first signs of danger are likely to come from Bread Financial (NYSE:BFH) (formerly Alliance Data Systems) and Capital... — read more 

All the major banks have had significant layoffs in the last several months. I'm thinking we might be the next on the list. And no, for those who want to claim we're a technology company, we're still a bank first and foremost. And banks are currently... — read more 

I'm about to leave this place just out of pure frustration. I feel like I'm just wasting my time, because no matter how hard I try, I can't get a promotion. The manager only makes empty promises. How many people here managed to progress with... — read more 

As a potential employee reading through these posts one has to wonder if this site just attracts the disgruntled. Could a big company like Capital One really be so dysfunctional? Are the surveys all wrong that this company is one of the best places... — read more 

Their is a documented rule if you are new you can't be promoted unless you've been there for 2 years. Also, you can't do skip level promotions, ie, skip a level even if you're justified. So the corrupted SOBs got around that by promoting their... — read more 

Apparently there’s some archaic HR rule that you can’t switch into a higher level position until you’re promoted to that position. Even if you are qualified. While HR and the managers from both teams argue it out, the person has already left for a... — read more