They layoff employees regularly but still do not have process sorted out, do not know if I have to ship only the laptop or the peripherals as well, how to access workday, how to return the phone etc. They have hired jokers as people manager who know... — read more
I don't remember morale being lower
Maybe those who have been here longer have seen worse times than these? I definitely don't remember morale ever being as low as it is now.
Silent Layoffs in Capital One
Capital One is silently laying off people, they are doing smaller number like couple of teams every day so that they do not have to make announcements, couple of Cyber teams got laid off couple of days back. This is pathetic so petty, do it once for... — read more
ADLs last day in Cap1
Today was the last day of ADLs in Cap1, attended couple of farewell meetings, teams are really struggling, they are still trying to make sense of the decision. I feel this decision brought the morale down as ADLs were the only people working for the... — read more
Too many organizational changes
C1 lacks stability, there is so much Organizational change that happens, it is difficult for employees to keep track. So much organizational change is not good for the motivation of the employees, they just do something to keep themselves busy and... — read more
In office hybrid work is now expected
Beginning May 2, associates it is expected associates go into office 2 to 3 times a week to be in hybrid mode. Basically tuesday, wednesday, thursday are the days asked to be at work. They're saying its pointless for those to go into the office when... — read more
capone is next credit suisse
https://seekingalpha.com/article/4589433-watch-out-below-capital-one Summary Capital One's Credit Default Swaps are surging in price, indicating a significant decrease in investor confidence. Capital One has more available for sale securities than... — read more
Redeployment Joke
In one week’s time the laid off ADLs will be terminated, applied to nearly 20 plus positions internally but was rejected, tried to set up meetings with the internal hiring manager and the recruiters nobody responded, never thought that the company... — read more
diversity inclusion belonging
Today it was announced that the c1 the head of diversity, inclusion, and belonging (DIB) who is a black lady was leaving the company. Her replacement at C1 is another black lady. This is after we learned that C1 had been laying off members of the DIB... — read more
Layoffs in Big tech and C1
We all know that big tech is laying off in 1000s, but did anybody ask why did they over hire in the first place? a billionaire commented that the engineers who got fired were doing fake work. One of the reason this happened because they got rid of... — read more
If they do not make these changes Capital 1 will go down very soon
Yes, capital one will be one day go down like SVB because of the following reasons: people waste too much time in meetings, it is a norm to invite everyone to stupid meetings, it is normal to 20 attendees in any meetings too much emphasis... — read more
It is a total mess
Someone wrote the other day that when you hire top management who doesn't understand the ground realities you should expect a total mess like this, and that they are doing a poor job cleaning it. It was on a thread about TPMs, but I think the same... — read more
Open letter by Google employees to their CEO, it is applicable to C1 as well
Nowhere have workers' voices adequately been considered, and we know that as workers we are stronger together than alone.We are thus coming together across the world to be heard. Specifically we are asking for the following public commitments from... — read more
upsetting
I had a newly hired product manager contact me to ask questions about developing a product strategy for an application. I have no involvement in product managment. He told new this is his first product job and wanted me to identify customer... — read more
Being Prepared
Something I learned over my career. In a capitalistic society companies will do what is best for their investors. They will hire more people when there is money to be made and they will layoff people when there is a downturn. I think we the employees... — read more
Is Capital One the next Silicon Valley Bank?
https://seekingalpha.com/article/4564777-capital-one-danger-will-robinson-danger
Everyone tracking these “smaller” and quieter layoffs?
Let’s assume for a second the posts for the past ~90 days here and on other forums are all accurate. Without concrete confirmation on any of these (outside of the ADL job family elimination) people are reporting redeployments in the Business Risk... — read more
C1 Announced Recruiter Layoffs
Announced today: layoffs in the recruitment space. Those impacted were informed today
Back to the office is coming!
Get ready for the announcement, executive management will require associates and contractors back in the office 2 days a week, this will be their way of getting people to quit. You heard it here first, good luck!
Feb 2014 - This person's Glassdoor review summarizes their performance management
https://www.glassdoor.com/Reviews/Employee-Review-Capital-One-RVW3658774.htm 0 ★★★★★ Former Employee, more than 1 year Be Warned - If You Don't Play the Game, You Will Get Booted Out! Feb 7, 2014 - Senior Process Manager in Richmond... — read more
This week and layoffs
Do we know if there'll be more layoffs this week?
BRO?
How many people got laid off in the BRO today?
Non existent long term strategy
The teams after the ADLs layoffs have been struggling, management came out with a strategy today, looks like they are trying to figure things out. The leadership in C1 is clueless but they want to imitate big tech, change management is tough. Some... — read more
This post from october 2017 is oddly familiar - chilling
https://www.thelayoff.com/t/PFv77BE TheLayoff.com Thread regarding Capital One layoffs Capital One system is anything but fair or equitable Anyone that believes the Capital One system is fair or equitable is not living in reality. The... — read more
Redeployment scam
I am in redeployment and there are no opportunities within C1, getting rejected even when I am the perfect match, where as who have friends with Senior Director or higher are getting redeployment appotunities when they even do not meet the... — read more
very suspicious
There is no internal contact indormation for HR business partners listed for groups inside the company. So if you want to speak with one you have to ask your manager or skip level manager for the name of the person. I know why. They intentionally... — read more
It seems like there are a lot of victims posting here
If you do not get the promotion or the review you expect, it is not your fault, blame the company, your boss, your ethnicity, gender or se-ual orientation. This is exactly what is ruining our country. Everybody is a victim in these really sad... — read more
it is now illegal for companies to give severance in exchange for you to keep quiet
https://www.reuters.com/legal/us-labor-board-limits-gag-clauses-severance-agreements-2023-02-22/ Learn more about Reuters home My View Following Saved 2 minute readFebruary 22, 20231:22 PM PSTLast Updated 20 hours ago U.S. labor board limits... — read more
Capital One mentioned here
Target, Capital One, Amazon, Applebee's, and Wells Fargo saw biggest DEI cuts https://www.dailymail.co.uk/news/article-11724079/amp/Goodbye-anti-bias-training-DEI-teams-axed-diversity-RECKONING.html
C1 Technical Program Manager
C1 has opened multiple TPM roles at Director and Senior Director level looking at the job description, I think the next wave of lay offs will be the engineering leads and the Product Managers, looks like TPMs will do the functions of Engineering... — read more
#capitalone Twitter feed
When I see the twitter feed of #capitalone, it is filled with the bad experience C1 customer have, and the tweets are so unfavorable, when I worked at C1 nobody bothered about customer experience, they cared more about promotions and getting ahead. ... — read more
True cost of cheaper workforce?
The leadership obviously thinks that a cheaper workforce will solve a lot of problems here. I think that a cheaper workforce will bring more harm than good. The time will show.
stack ranking doesn't work
https://www.business.com/articles/the-end-of-rank-and-yank-management-practices-revisited/ business.com receives compensation from some of the companies listed on this page. Advertising Disclosure b Home> Human Resources> Managing The End of... — read more
never do all associate surveys or lie
You will be asked and pressured to do associate surveys. They are never anonymous as you're identify and system is always tracked. So if you are pressured then lie and give semi positive results and don't add additional comments. Surveys are used to... — read more
Credit card late fees
C1 is laying off because they want to cut cost, they are scared about the credit card late fees bill that Biden is proposing, if that happens the late fees will be capped and there will be revenue loss. But sadly there are other ways to cut cost... — read more
It's one thing to be laid off
It's another thing to be laid off after you've spent weeks training your cheaper replacement in another country not knowing you were training your replacement. That adds another layer to the whole thing that is completely despicable. I truly feel for... — read more
The bad reviews are not just Capital One
I am seeing this morning that Meta had given bad reviews to thousands recently. This is just business. If you need to get rid of people, you cull the lower performers. Just because you may have been one of the folks who got a bad review and lost... — read more
More Layoffs
Huge layoff in Navigator Platform as they continue to replace us with offshore. Capital One contines to exploit cheap labor while benefiting from Americam Consumers and being bailed out with Americam Tax dollars.
How are laid off ADLs holding off
It has been 25 days since we got laid off, how are you holding up, I am still struggling and not able to come to terms with it. This is a challenging situation and I trust and believe that everyone will come out as a winner on the other side of... — read more
groups of employees most targeted for layoffs and termination
older employees because companies have pay insurance premiums 3x that of a 21 year old women employees because of pregnancy and maternity leave and burden of caring for children makes them less able to commit more of their time disabled... — read more