Topics regarding layoffs at Capital One

Topics regarding layoffs at Capital One

Tech Risk Management

Problematic leadership from the top down. Lethargic leaders who camp out for years on end without fresh blood. Enabled to push woke agendas, especially in “strategy sessions.” Complete slobberfest between Z and Devo. Big time echo chamber. No wonder... — read more 

High attrition

It’s everywhere. Started right before COVID and took a nosedive over the last two years. Raises didn’t keep up with inflation. You literally LOST money if you had less than an 8/9% raise. Capital One is an incubator company: come in for a few years... — read more 

incompetent management and engineering staff

Thy reason why there is so much attrition and particularly in the technology side is because staff at management and individual contributor levels are grossly incompetent. I'm surprise the OCC regulators haven't given them more fines besides the... — read more 

Fraud Layoffs

Notified today there are layoffs coming in the fraud department. Find out more tomorrow.

The Richmond Mafia has gotten rid of another good one

C1 is famous for its performance evaluation system that it borrowed from GE and look how it affected GE :) The other part that no one talks about here are the extreme cliques that pile up on talented people till they leave the company on their own... — read more 

Job Offer

Received a job offer but wasn't told the COVID 19 protocol, I guess because people are still working from home for now. Is it vaccine requirement? Masking still in the office? Testing weekly?

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| 1282 views | | no replies yet
Post ID: @OP+1fKYzdUl

Capital One Layoffs 2022

Share any updates you may have about Capital One layoffs? Any chatter, news or rumors?

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| 7720 views | | 6 replies (last November 15, 2022)
Post ID: @OP+1dLfbovf

I call it Panem

This place is like working in Panem, you're going to be in a Hunger Games contest with your co-workers. It's easily the most backstabbing shithole I've ever worked at.

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| 2560 views | | 2 replies (last October 31, 2021)
Post ID: @OP+1dy1fAdn

Layoffs

How come I keep hearing about people who were laid off a week ago, a month ago, two months ago, and so on but from what I can tell, there were no major layoffs since June? Is this about different last dates or are there smaller layoffs happening all... — read more 

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| 2700 views | | 2 replies (last October 31, 2021)
Post ID: @OP+1dcg3dxt

Smart people are leaving Capital One

Don't be one of those people who wait to be laid off before looking for work. You'll never have a better chance to find something new than when you're already employed. There is no urgency to accept something that might be below your standards like... — read more 

Severance Pay

I was told by someone that the severance pay would be Sept 21-24th. Can anyone confirm this on this page? I haven't gotten anything and wanted to confirm with others

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| 1260 views | | no replies yet
Post ID: @OP+1d9uv7KN

Super Toxic

I always wondered how much truth is there in the "Toxic?" thread Post from TheLayoff.com Have experienced it first hand I would say it is definitely not toxic, it is super toxic. The whole system is gamified. Performance management is a joke... — read more 

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| 2910 views | | 4 replies (last November 16, 2022)
Post ID: @OP+1d5cU43h

Layoffs continuing at Capital One

Capital One laying off 174 remote workers managed from West Creek Capital One, the Richmond region’s largest employer, is slashing dozens of jobs that are a managed out of its massive West Creek campus in Goochland... — read more 

Layoff notifications began today in Louisiana

More consolidation using covid as the excuse. The good old “do more with less” philosophy is back as they prepare for the unknown future. Wall Street will gut people like a pig to increase the dividends and stock prices. The # of employees has not... — read more 

Sack of potatoes vs leaders

Hypothetical questions: If we replace this company's leaders with equivalent sacks of potatoes will it make any difference? Follow up question: Can't we save a ton of money by .... ?

Employment verification

Does Capital One verify employment dates or do they give eligibility for rehire verification as well?

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| 1320 views | | no replies yet
Post ID: @OP+19OgJuve

Closings

Branches closings and layoffs to follow

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| 2040 views | | 2 replies (last February 19, 2021)
Post ID: @OP+18SFxIMZ

Toxic ?

What's the culture like in C1 ? I heard its really toxic. Leadership is really clueless and most of the time is spend in meetings and sniping at each others heels? Is there any truth to these rumors?

Capital One Layoffs 2021

Post any information about potential or actual Capital One Layoffs 2021? Any news or rumors?

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| 3160 views | | 3 replies (last December 17, 2020)
Post ID: @OP+1846FBHj

Move

As to the question about card leaving SF, this was because card only had a couple dozen people in SF. It is a huge pain in the a– dealing with incremental locations and we just weren't getting the necessary value out of SF given the cost of an extra... — read more 

Capital One almost went insolvent in a week

I guess betting on oil futures during a global pandemic wasn't such a smart idea. Don't worry. Rich will still get paid. https://www.zerohedge.com/markets/cftc-quietly-bails-out-capital-one

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| 3110 views | | 1 reply (April 19, 2020)
Post ID: @OP+14wYDbcs

hiring freeze, layoffs, and recruiter ghosting

So I spoke with a recruiter at Capital One for a cybersecurity and risk management role who ghosted me afterwards. I realize now that security and risk jobs are being downsized. Lol.

Capital One Layoffs 2020

Make a prediction and tell us what you think about Capital One Layoffs 2020? Any news or rumors?

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| 3762 views | | 1 reply (November 23, 2019)
Post ID: @OP+125UTTCi

Risk management reductions

The expected Q4 layoffs begun. First round was notified individuals in risk management across the company. The one area they need more of, they cut.

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| 2740 views | | 2 replies (last February 19, 2020)
Post ID: @OP+11sPzy6V

Recruiter Layoff - What a Joke

Just let go of all contractor resources that they curned and burned for 6-7 months selling a contract to hire dream. Didn't budget right at the beginning of the year and so people lost their jobs over this mess.

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| 2094 views | | 1 reply (November 23, 2019)
Post ID: @OP+10LHsv68

Layoffs in McLean, VA started yesterday

The first wave of layoffs have occurred in MCL and Richmond VA. Top heavy management wants to be sneaky in delivering the news to select people but the word is out around the office now. So it looks like we're paying for the idiocracy of their screw... — read more 

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| 4084 views | | no replies yet
Post ID: @OP+10EGyDD4

layoffs and hacking

The recent hacking of 106 million accounts costing the company $160 million will lead to more layoffs.

Plano campus layoffs?

Rumor mill going around again about big changes coming to plano campus...anyone know which area is having layoffs ?

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| 3500 views | | 5 replies (last November 1, 2019)
Post ID: @OP+ZYVkfrr

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