Topics regarding layoffs at Capital One

Topics regarding layoffs at Capital One

How long does it take to get a PIP this time around?

I just got below strong on my midyear and am under the impression I will be put on a coaching plan, but it is unclear. After reading posts hear it seems like I most likely will be given a PIP instead. Does anyone have a good idea on timeframes for... — read more 

Coaching plan to laid off

Put on a coaching plan this year, NGL there are worst performers on my team! I was meeting the plan reqs and just got let go. My manager assured me I’d make it and I was on track. They laid me off anyway!!! I worked so hard too! I could’ve used the... — read more 

Social Security Administration comment

I just got off the phone with SS regarding a claim for disability. I have serious physical issues that are well documented and am applying for disability just 8 month before I would be eligible without any disability for my benefits, but I know I... — read more 

Glassdoor Review - STAY AWAY - STACK RANKING

https://www.glassdoor.com/Reviews/Employee-Review-Capital-One-RVW78989694.htm 0 Aug 9, 2023 STAY AWAY Senior Associate Accounting Current Employee, more than 1 year Richmond, VA Pros There are none. It's an evil corporation. Cons Stack... — read more 

Flex off issues

I’ve noticed lately for us in “Flex off” positions that now everyday between 8am-830am there’s “insufficient staffing” when that was never the case. Please don’t tell me these re--rd loser upper management people are trying to fist it’s employees... — read more 

product owners not stepping up

After working with multiple product owners/managers in tech I realized most are unqualified for their roles. They lack technical skills and can't understand business or technical requirements and translate them into actionable product features. When... — read more 

Wow, this sounds so much like Capital One

Aside from the skeevy culture, this stuff really works here! https://www.cnbc.com/2023/08/09/forget-quiet-quitting-loud-laborers-are-ki-ling-workplace-morale.html

Remote associates are next

Leadership isn’t satisfied with the return to office numbers. The next step will be to request remote associates to relocate near a people center. This will be an in effort to drive voluntary resignations over layoffs and severances.

Surprised layoff in tech

Manager, supervisor, and I were all surprised about this recent termination. It was done through a big meeting but not sure how many were affected. Manager found out during an overlapping meeting happening at the same time. I'm glad I don't have to... — read more 

It's Starting!

Good luck everyone... It'll be rough and some good people will leave. I've seen the best of the best cut over the last few years, it'll be repeated. The market is good and it's OK to move on. Remember this has nothing to do with you and they are... — read more 

There is no future at Capital One

When the management continues to solve issues exclusively through layoffs it becomes clear how incompetent and desperate they are. True leadership would find sustainable ways of improving results instead of continuing to cut costs that shouldn't be... — read more 

tech layoffs

Individuals in tech are being laid off. Not just low level but senior director levels too. No one is safe.

Auto Finance layoffs

Last year auto was on hiring freeze at this time and layoffs came in November. This year hiring freeze and no backfill and clearly underperforming in multiple area's. Do layoffs typically come in Q4 or is it random?

Why do we need so many layers of execs?

Our company has so many layers of executives who do nothing! Layoff at least two to three layers and leave the front line managers in their roles. Why do we need so many MVP, SVP’s, senior Directors, directions, etc. what the he-l do these people... — read more 

product owners getting fired

On linkedin a product owner got laid off or stacked ranked from Capone and reaching to his network for job assistance. God bless him. After the ADL job family was removed it was assumed product owners would fill their void. But they haven't been. And... — read more 

Is the company trying to get ready for sale?

Any chance these deep cuts are getting ready to sell the company? Just wondering if it is finally the time to be swallowed up and the company is slashing and burning to make the books right for the sale. M&A is picking up.

Richmond area employees - news

Hi all - I'm sorry to hear that many of you have been affected by layoffs at Capital One. From browsing here, it sounds like a potentially significant number of people have been impacted by cuts. I'm an RTD reporter looking to talk to employees or... — read more 

Stop blaming everyone but yourselves

You know the calibration system is dysfunctional, but you stay around as long as it isn't you getting shoved out You blame whites / browns depending on whether you are brown/ white. There are equal proportions of eedeeots of both kinds. Some of... — read more 

Next 6 months

I know mid-years are approaching fast and saw talk of potentially more layoff’s to come after Juneteenth. Will this affect any TSC front line/customer facing workers? Management told us not to worry but some of these layoffs hit close, a few members... — read more 

Update your resume and be ready

There's no reason to let your health suffer because of everything that's going on here. Although I hope it won't be like that, chances are that it will become more and more chaotic here so update your resume. Maybe they like it when employees are... — read more 

This is not on us

Layoffs happen because those on top can't manage a budget. It's 100% their fault. So why is it that we get punished instead of them?

What's happening?

Can somebody please tell me what the he-l's going on since we're certainly not getting any news from the management?

cheap necklace

Been at capone for 4 years now. Everything under Rob A. the CIO is a disaster this SofaB should have been fired years ago he is an incompetent country bumpkin. I had trained my older white male boss who was hired by nepotism. Apparently his friend... — read more 

Still no news on this? Shady!

Where’s the Fox business news on this? Why the secrecy? This is going to blow up in the face of Capital One overall. It’s not going to get swept under the rug. What are these people thinking? LOL. Someone go down to your local news station and... — read more 

by
| 2330 views | | 2 replies (last June 16, 2023)
Post ID: @OP+1n9wRz7Y

Don't take things personally

It's time to look for a new job because this place is a mess… It's hard not to take some things personally, but always having an excellent performance and then being put on PIP shouldn't be seen as a personal failure, but as a downward spiral... — read more 

Layoffs came at the worst possible moment

The situation in our group is an absolute nightmare of epic proportions. We are already slowed down, trying to work through complete chaos and then they hit us with more cuts. We found ourselves with more people gone at a time when we are begging to... — read more 

employment class action attorney

Shannon Liss-Riordan is one of the famous employment attorneys focusing on class actions. Likely a majority of people terminated were female, older, minorities, disabilities, and other protected groups. Feel free to contact her the firm represents... — read more 

Start a new thread - post a news comment, question or message:

: