Texan C1 peeps: putting in a two weeks notice to have last day as March 8 during a coaching plan… too risky? Potential to just get fired? Does full PTO get paid out? Do you get to keep health insurance through the remainder of the month (March)? I... — read more
Quitting while on a coaching plan
Is it like normal where you would submit your two weeks? Or could they just fire you on the spot?
C1 severance agreements cannot ask for employees to waive their labor rights and freedom of speech in EXCHANGE FOR RECEIVING SEVERANCE AGREEMENT
This is the National Labor Relations Board announcement for federal enforcement in stopping companies from offering severance benefits, in exchange for employees to waive their labor rights and their freedom of speech to talk negatively of the... — read more
Rotational Program ( recent college grad class of 2023)
In the rotational program for HR and it is he-l over here. I thought that this would be a wonderful I could grow into, but coming this June I will be leaving once my first rotation ends. The company does not care about fostering young talent... — read more
CP = unbearable micromanagement
I’m on day 1 of my coaching plan and my PL is already micromanaging me and criticizing every single thing that I do and I can’t take this anymore. I genuinely feel like I’m going to explode from the stress. I know they’re trying to get me to quit... — read more
Coaching plan vs PIP
What’s the difference between the two? Is there anyway to get a payout if given a coaching plan? I have no desire to stay or work for this micromanager and you can probably imagine how painful a coaching plan would be with an annoying micromanager... — read more
FRP
I am in the finance rotational program (1st rotation) and honestly I am going to leave when my first rotation ends. This company is a total shitshow and the way they treat their employees is messed up. Total opposite of what I expected. I know... — read more
stack ranking conundrum
A group of managers were huddled in a meeting to discuss employee feedback and it was a sign of a showdown with the company. Employees described a lack of trust in leadership and poor morale due to random and unjustified firings due to stack... — read more
Salary rise and Bonus for 2024!
are any technology groups started announcing salary rise and bonus for 2024?
If you're thinking of leaving....
A little encouragement for those thinking of voluntarily leaving, before getting bad news. I left a year ago and it was the best decision I made. For anyone considering it, you can do it! Jump in feet first and go somewhere else. True, it takes... — read more
Capital One Logic
Hey there, we just laid off a good chunk of people in your department, here’s an insulting $25 gift card. LOL. Keep it and shove it up your @ss or put a couple 0’s behind it. Wanting praise like you’re doing anything. Comical and delusional, but... — read more
Layoffs in January / February
I was told that we might be having layoffs more towards February by someone close to the process. Crazy right? I swear mgmt literally is going to cull all innovative thinkers from this place bc who wants to stay in this chaos . Can't wait to leave
Can you get unemployment if laid off?
I’ve heard conflicting info about whether or not you can file for unemployment if you are laid off. Anyone know the real story? Can you only get it if it’s job elimination or if it’s “performance” related too and you’re on a CP or PIP? Also, is the... — read more
Quote from a successful billionaire
"great companies create environments that reduce unnecessary stress of their employees" I think we know that means Capital One is so far from great. I have never seen or heard such stressed, uncomfortable employees. One giant t@rd.
Worried about year end feedback
It’s the new year and time for leaders to give year-end feedback to their people. When does that take place exactly? Is it mid or late January? I wonder how many people will get put on coaching plans, PIPs or redeployed like at mid year. I was put on... — read more
Capital One Layoffs 2024
This is a master thread about Capital One layoffs? Any chatter, news or rumors?
Stock options
does anyone knows if Capital One includes associates unvested stocks as part of their severance package after pip or layoff? I’m hearing conflicting stories about this.
Short Term Disability/Severe Burnout
I am experiencing severe burnout and mental exhaustion from working here. Thankfully, these next two weeks are quiet, but I’m debating taking FMLA/STD in January or February. I am having a mental breakdown and this job is causing me to move away from... — read more
PIP Opt out
For those who opted out, and didn’t find a job within the 60 days. How are you explaining the “why are you looking to leave or why did you leave your last job” question in interviews? Are you calling it a layoff? I’m outside of the 60 days so I’m... — read more
PIPs and Firings in Full Swing
I found out today 3 people who were basically strangers had been put on coaching plans and PIPs. We shared information in an office and thats how i found out. I was also targeted and fought and screamed like a mad dog. We work for different... — read more
The Reality
The Reality (& encouragement for those being asked to leave the company or who are fearful of what is to come). If you are experiencing what feels like a bizarre layoff or an unjustifiable “below strong” / PIP, please recognize that this is actually... — read more
You know what I realized?
I'm no longer as worried about layoffs as I once was. Part of me is now low-key excited about the prospect of being let go. While I like my work, CapOne has done everything in its power to make it unnecessarily harder and less appealing. What does it... — read more
Scared of YE results
Really scared of what kind of message I’d get in January and what that might mean…prepping my resume and preparing for interviews but can’t shed this deep sense of dread that’s eating away at me everyday…
most important thing is your humanity?
https://www.gsb.stanford.edu/insights/richard-fairbank-nobody-wants-work-phony The fake crying went way back. * Richard Fairbank: "Nobody Wants to Work for a Phony" The Capital One Financial Corp. founder says it's not what's in... — read more
DOCUMENT EVERYTHING
Same story — after all VS / Exceptional Ratings and promotions, I was given the heads up from my manager that I was going to receive a BS / PIP at MY. I immediately produced comprehensive documentation (compiled dated and timestamped events... — read more
love thelayoff.com ❤️
I love thelayoff.com it has all the juicy insider tidbits I can't find anyplace else. This company should do an IPO.
Specialty Funding!!!
Hi fourth quarter layoffs!!!!! After being with COAF for 12 years I got laid off a week after my anniversary. We were busy, OT was being offered, they were even training new hires… Little did we know those five back to back training classes were... — read more
More layoffs by way of PIP coming along
Going to be another painful year with performance review being harsher than mid-year. Anyone below strong will automatically be placed either on a coaching or PIP plan.
absurd and incompetent
When the Agile Delivery Leads which had over a 1,000 people get fired in January of 2023. The product managers and engineering leads were supposed to take over. NOW THEY ARE ASKING EXECUTIVE ASSISTANTS TO MONITOR JIRA BOARDS TO MAKE SURE THEY'RE UP... — read more
Layoffs in Commercial
Heard murmurings about layoffs in commercial this week. Any info on number/job families affected?
BAs who left COF - where did you end up going?
Want to get a sense where people transition career to after leaving COF Business Analyst job family roles. Can we pool wisdom of the crowd here?
Discouraging movement
I was recently informed theres been a change in Workday where now if you apply to a new team or role within C1, it automatically notifies your direct manager. Ive discussed this with friends and they agree a built in policy of retaliation like this... — read more
C1 sued by savers
Capital One Financial is being sued by savers who say they were tricked into thinking that they were earning the highest rate available from the company's online banking... — read more
Capital One Firing Firing and Firing
After 19 consecutive of very strong, exceptional reviews, i was put on a pip. The platforms i’ve created have enabled many people to get promoted including members of my management. This is shocking but it’s all good. God is in control. Good Luck... — read more
Recent Glassdoor 1 star reviews
https://www.glassdoor.com/Reviews/Employee-Review-Capital-One-RVW81499113.htm 0 Nov 2, 2023 Jobs shipped offshore Funding Analyst Former Employee, more than 10 years Plano, TX Recommend CEO Approval Business Outlook Pros Great Benefits and great... — read more
Get ready campers….for layoffs this week
This week will kick off yet another round of layoffs. You know it was coming so don’t act surprised. This company loves to layoff during the holidays…When it is easy to find a new job….NOT.
CBT on harassment at c1
They required us to take a CBT on workplace harrassment this quarter and told we should go to HR if we are harrassed. But the stack rankings and false reviews leading to PIPs are harassment and initiated by HR. How us this even possible???!!! I went... — read more
Remote hirings being told to come in
So, the open job reqs throughout the time of covid were marked clearly as Remote, but now those same people are being told they are required to come in. How are you going to hire, likely 500+ people, as Remote and then turn around and say you're... — read more
Capital One Auto office closure
https://www.autofinancenews.net/allposts/risk-management/capital-one-auto-finance-shutters-western-regional-buying-center/ Normal timing for Capital One Auto, would be surprised of there are not more layoffs in sales and originations over the next... — read more
Big banks are quietly cutting thousands of employees, and more layoffs are coming
https://www.cnbc.com/2023/10/19/big-banks-cut-thousands-of-jobs-more-layoffs-coming.html