I just want clarification on how this works.

Remote workers will be the hardest impacted.

https://www.glassdoor.com/Reviews/Employee-Review-Capital-One-RVW80258829.htm All good things must come to an end I Was A Senior Manager With Over 20+ Years Former Employee, more than 10 years Recommend CEO Approval Business Outlook Pros 100% -... — read more 

I was asked to get in touch with a "career coach" at Capone through a company called Lee Hecht Harrison (LHH) which is owned by Adecco Group. Adecco is one of the largest and "most prestigious" HR advisory consulting firms out there that advises... — read more 

Looking like I'm getting cut soon and curious if I should use the rest of my vacation up

Anti caste discrimination laws are in place in California, following Seattle. https://www.axios.com/local/seattle/2023/03/27/seattles-caste-discrimination-law This is a very important step in countering a massive inequality that the Indian diaspora... — read more 

How many jobs have you been expected to do since it happened?

200+ people put on coaching plans in AML after the mid year criteria ‘magically’ changed. People being fired left and right - investigators and supervisors. This is the companies way of weaseling out of paying out severance packages. Rich puts on 4... — read more 

This is to those too stupid to realize going way above and beyond gets your absolutely no where: Nobody like you. You’re not impressing anyone going way above the metrics needed to pass goal. Keep making the stats higher each month for not only your... — read more 

Was told by management yesterday that they've already started the stack ranking for year end 2023.

I know most who received a BS rating ended up with a pip immediately unless they were given an exception (TDPs, etc). Has your coaching plan ended yet? Mine ends mid October

For anyone wondering, remote workers are not next. Discussed this with VP+. Take a look in workday at the total number of remote employees and you’ll see it’s very small. They will also give remote workers the option to go hybrid without laying... — read more 

I’m positive we are the next ones to go, it doesn’t matter if you are a high performer, we are going to be next. What have you heard?

https://www.glassdoor.com/Reviews/Employee-Review-Capital-One-RVW79589845.htm 0 Aug 29, 2023 Toxic Culture Director of Technology Former Employee, more than 5 years McLean, VA Recommend CEO Approval Business Outlook Pros Tech stack is great... — read more 

Heard rumors of layoffs today for recruiters. Anyone have insights?

Has anyone been able to negotiate their severence when laid off for restructuring reasons (not performance related)? Are certain terms more flexible than others?

after 7 years of consistent performance, handed a pip after my first MY review. It's gonna be a tough rest of the year looking for jobs.

Those of you who are confused by the layoffs have to understood it’s happening via several methods & stages that Capital One disguises as non-layoffs. Redeployment (Q1 2023) Redeployment (Q2 2023) Mid Year (PIP, Coaching Plan, Redeployment)... — read more 

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 

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 

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 

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 

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 

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 

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

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.

How common was the below strong rating in the mid year performance review cycle? Someone quoted 20%..

My Sunday is ruined because of what's coming this week and rest of August. A lot of you knows that mid year reviews were pushed into August, so management can decide who they plan to fire. I will always ask any company I interview with about their... — read more 

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 

Expect more cuts tomorrow.

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 

I'd trade being PIPed for a layoff with severance without thinking.

promotions and stack rank firings happening at the same time what a nightmare

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 

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

Curious with the increase in below strong rankings if anyone has heard their feedback yet and felt like they were trying to be PIP’d?

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?