Thread regarding Capital One layoffs

commercial layoffs are happening

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| 2581 views | | 6 replies (last February 10, 2023) | Reply
Post ID: @OP+1kZYhKgv

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How many were impacted?

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Post ID: @8ems+1kZYhKgv

I was part of the layoffs yesterday . unsure of how many but the forced distribution this year was brutal....they are truly taking care of everyone though. If I had to guess the restructured and people were eliminated on eoy rating. The "calibration" sessions were depressingly brutal... So at minimum I'd guess around 300 ppl.

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Post ID: @1zna+1kZYhKgv

any more details on job families and number of employees?

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Post ID: @mil+1kZYhKgv

Yes, lay-offs are happening in Commercial bank. “Restructuring” not performance related.

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Post ID: @cvc+1kZYhKgv

So these people are not in the agile job family? So they're accelerating their stack ranking performance appraisals ahead of schedule I see.

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Post ID: @mnr+1kZYhKgv

Yep. Saw today. I wonder how many?

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Post ID: @hhr+1kZYhKgv

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