source: https://www.forbes.com/sites/brianbushard/2023/01/24/2023-layoffs-3m-slashes-2500-while-gemini-reportedly-cuts-10-of-its-staff/?sh=3d17ed4235f5
If Frank ever sees this, he's gonna get wood and suddenly want to make everyone do their own scrumming.
Before Agile there was something else. Just like before Six Sigma there was something else. Management by bestseller will eventually ki-l every company.
Looks like OP posted a link to the wrong article, but what they are saying is true. Here's a recent article from WSJ which discusses the recent "Agile" team layoffs at Capital One:
https://www.wsj.com/articles/capital-one-job-cuts-signal-trouble-for-it-labor-market-11674251823
An excerpt worth mentioning:
Capital One’s agile group focused on a software development methodology that uses more rapid and flexible processes. The McLean, Va.-based bank said in a statement Friday that instead of having “distinct roles focused on agile delivery,” its existing engineering teams and product managers will “share accountability for agile ceremonies, routines, and practices.”
So based on this quote, it doesn't sound like they're doing away with Agile or Scrum, but rather letting go of a lot of the bloat (e.g., dedicated Scrum masters and Agile "evangelists"), and instead letting the development teams themselves assume the responsibilities traditionally handled by those roles. Personally, I've always found dedicated Scrum masters and Agile coaches to be largely redundant and honestly somewhat pestering as a developer. The tech industry in general loves Scrum (which is not the only implementation of Agile, for what it's worth — though you wouldn't know it by looking at the way that corporations misapply "Agile" methodologies these days...) which has essentially become their ba----dized version of Agile. However, they're probably starting to realize that all of the added bloat synonymous with Agile/Scrum in big corporate environments isn't really necessary, and that it's pretty obvious fat to be trimmed in an economic climate such as today's.
That being said, I don't particularly like Scrum myself. I'm more of a Kanban fan (which is also an Agile methodology). However, these layoffs don't seem to suggest to me that Capital One is giving up on Scrum itself. Scrum won't go that easily, unfortunately.
That article doesn’t mention anything about Cap One and Agile