Topics regarding layoffs at Capital One

Topics regarding layoffs at Capital One

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 

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| 2520 views | | 6 replies (last December 24, 2023)
Post ID: @OP+1pTGohm1

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 

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| 2201 views | | 6 replies (last December 1, 2023)
Post ID: @OP+1pPj2rIm

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…

by
| 1730 views | | 5 replies (last December 5, 2023)
Post ID: @OP+1pOOhPth

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 

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| 2160 views | | 4 replies (last December 5, 2023)
Post ID: @OP+1pLgWScO

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 

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| 2730 views | | 7 replies (last December 2, 2023)
Post ID: @OP+1pKQNuBS

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.

by
| 1150 views | | 2 replies (last November 22, 2023)
Post ID: @OP+1pHFEloo

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 

by
| 2180 views | | 5 replies (last December 30, 2023)
Post ID: @OP+1pHiTelH

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.

by
| 2290 views | | 8 replies (last November 29, 2023)
Post ID: @OP+1pGw5Pcv

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 

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| 2170 views | | 8 replies (last November 25, 2023)
Post ID: @OP+1pFcFWSR

Layoffs in Commercial

Heard murmurings about layoffs in commercial this week. Any info on number/job families affected?

by
| 1920 views | | 3 replies (last November 17, 2023)
Post ID: @OP+1pDQrn2I

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 

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| 1730 views | | 5 replies (last November 13, 2023)
Post ID: @OP+1pwePkh5

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 

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| 1600 views | | 3 replies (last November 7, 2023)
Post ID: @OP+1ptc4Brt

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.

by
| 2570 views | | 6 replies (last November 9, 2023)
Post ID: @OP+1ptcbfa5

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 

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| 1490 views | | 3 replies (last November 8, 2023)
Post ID: @OP+1pt3BVR3

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 

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| 2730 views | | 8 replies (last November 21, 2023)
Post ID: @OP+1poD74pQ

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 

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| 1930 views | | 2 replies (last November 2, 2023)
Post ID: @OP+1po9S0FM

role eliminated what are my options

I have been mulling over the weekend what to do. Got informed last week that my role is eliminated. I have strong reason to suspect that my manager has targeted me. Is associate relations any help at all?

by
| 3140 views | | 16 replies (last November 3, 2023)
Post ID: @OP+1plTmKXh

Lastest 1 Star Glassdoor Review - Sounds Right

https://www.glassdoor.com/Reviews/Employee-Review-Capital-One-RVW80901645.htm 0 Oct 12, 2023 Avoid like the plague Product Manager Current Employee Recommend CEO Approval Business Outlook Pros Benefits aren’t bad. Some friendly people if... — read more 

by
| 1710 views | | 2 replies (last October 28, 2023)
Post ID: @OP+1pj15fhp

COF stock is up 9% today

Thanks to all those that were let go, easy sacrifice for those executives with stock options

by
| 1030 views | | 1 reply (October 27, 2023)
Post ID: @OP+1pis3Fmr

Capital One has always been like this

You were drinking the Ko-Aid if you thought otherwise. https://www.ksbw.com/amp/article/capital-one-throws-welcome-party-day-before-salinas-layoffs-announced-2/1275329

by
| 2180 views | | 6 replies (last October 26, 2023)
Post ID: @OP+1pg5ALOM

out of control

Was told by tech management the year end performance calibration templates for self reviews which is on a spreadsheet needs to be completed and submitted to management before by end of October. And if possible submit year end self reviews in Workday... — read more 

Shrink baby shrink

https://finance.yahoo.com/news/the-new-strategy-for-us-banks-shrink-130002506.html When is CapOne going to drop em manager layers?

by
| 1840 views | | 5 replies (last October 26, 2023)
Post ID: @OP+1pclNCpm

How is anyone dealing with the pressure right now?!!

Worries about YE has been ki-ling me on the inside, and work is constantly stressful. But everyone seems to have their sh-t together. How is anyone dealing with this rn?! How can I be excited, capable and energetic like some of my other colleagues?! — read more 

by
| 2020 views | | 7 replies (last November 3, 2023)
Post ID: @OP+1pb2mgGc

thieving b#####d boss

So this b# boss has been stealing my work accomplishments as his own. At the same time trying to stack rank me even though he steals credit for my work. Many b#s like this at Capone. Too stupid and lazy to come up with anything of their own and... — read more 

by
| 1660 views | | 9 replies (last October 20, 2023)
Post ID: @OP+1p91FRrc

WFH status updates?

Has anyone heard if remote workers will have to go back into the office?

by
| 2250 views | | 8 replies (last October 31, 2023)
Post ID: @OP+1p9zcJR0

And so it continues...

C1 is hiring temporary HR coordinators through recruiting firms for approx 4 months to handle creation and processing of severance documentation for organizational restructuring events.

All are being summoned to Sanjiv’s TH

All employees, remote & in person are being summoned to Sanjiv’s town hall on November 14. We went from no budget for team events to now everyone must travel to Plano for this town hall, no matter where you live. Do you think layoffs will be... — read more 

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