Capital One dropped almost 50% from 2023 to 2024 on Glassdoor's Best Places to Work list. C1 has shaved off a ton of rank and file and mid level staff, but the toxicity described on the glassdoor reviews because of how layoffs and performance rankings have been done should have senior leadership on the rocks. Folks are too busy looking for new jobs and coping from poor environments to be productive and innovative, and C1 has no one but themselves to blame.
For comparison and context, I have a friend at Boston Consulting Group / BCG. They have been doing forced ranking like us, constant rolling layoffs, quiet layoffs veiled under "performance", poor communication... for the past year as well. They went from #7 in 2023 to #91 in 2024. So there's some similar experiences we share. He shared a link with me from reddit where BCG's experiences sound eerily like ours.
At this rate, C1 will be off the list in 2025.
Talented folks--don't come here.
Great job C-suite. ::claps::
Link to 2024 Rankings: https://www.glassdoor.com/Award/Best-Places-to-Work-LST_KQ0,19.htm
Link to 2023 Rankings: https://www.glassdoor.com/Award/Best-Places-to-Work-2023-LST_KQ0,24.htm
Link to BCG reddit: https://www.reddit.com/r/consulting/comments/1bwaws4/why_do_you_think_bcg_jumped_to_91_on_glassdoor/