Thread regarding Capital One layoffs

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 others don't. The issue is to tell those who go into office to work from home!! Not to ask those who work from home to go into the office!!

I believe this working in the office is to get people to quit.

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| 2681 views | | 18 replies (last June 18, 2023) | Reply
Post ID: @OP+1lTBYqrD

18 replies (most recent on top)

Know this is not an assumption, they are checking card readers and doing audits to make sure all non remote worker designations are indeed checking into an office at least twice a week.

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Post ID: @1itjq+1lTBYqrD

Silly hill billies are out of their league. Lessons learned never work for a southern company they're Hill billies.

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Post ID: @3oay+1lTBYqrD

It's stupid for non virginia offices to be open as they'd save many million of dollars a year on real estate by sutting them down.

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Post ID: @3ikk+1lTBYqrD

No big deal. With less flexible work arrangements you be less proactive and work less. Its their train.

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Post ID: @2crv+1lTBYqrD

We were told if not in office at least 6 days a month on average we’d have to have a “difficult conversation “

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Post ID: @2mae+1lTBYqrD

Their goal is to make everyone go hybrid in the office 2 to 3 days a week. Many people who work in states or cities with no offices either have to relocate or apply for a remote job as requests to work remote are treated as if the requestor is a new job applicant. Which means they will force people to quit.

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Post ID: @2xrg+1lTBYqrD

This is as ridiculous as their other policies, I wonder nobody thinks through, they cannot punish employees living within 50 miles radius to show up in office, the rule should be applicable to all. There should not be any remote option available to anyone. This is so unfair that you have to do zoom meetings from office as your team members are not within the range. If they want to make it Hybrid it should be for everyone, with no exception, or give the remote option to everyone. You cannot eat your cake and have it as well. These policies are designed by people who themselves are not in the range therefore can happily work remotely.

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Post ID: @2wly+1lTBYqrD

Hmm, this is all over glassdoor

http://www.glassdoor.com/Reviews/Employee-Review-Capital-One-RVW75078553.htm

  1. 0

★★★★★
Current Employee
Return to office the final nail in the coffin
Mar 31, 2023 - Principal Associate Software Engineer
Recommend
CEO Approval
Business Outlook
Pros

Work/life balance at the lower levels is decent

Cons

We were promised that there would be no mandate to return to office. Then when they decided not enough folks were going into the office, they betrayed their promise. They said no one can request a remote exception if they're within 50 miles of a people center. I live in a busy metro center. I may live "close" as the crow flies, but it will take me about an hour on a GOOD day to get to the office. With in-office required 2-3 times per week, they're now taking 6 hours from my life, not to actually do any work, but just to go in the office. There's a lot of reasons one might speculate for the return to office: - They want to force resignations without actually firing (see: Apple) - Managers/higher-ups prefer in office for personal reasons and are forcing everyone to kowtow to their preferences - They think that somehow 'hallway' conversations will result in improved performance, which is delusional None of these reasons matter to me. I know I perform better remote, myself and others will likely leave the company looking for better opportunities, and even if that was their intention, they're not going to be getting rid of underperforming engineers - rather, it will be a random sample. For me, I'm the senior engineer on my team and the one leading a huge design effort currently. I've spoken to other engineers whom I respect and who are, in my estimation, the best engineers on their respective teams and many of them are also looking elsewhere, whereas junior engineers are going to suck it up. This is a massive failure and will worsen CapOne's already miserable ability to attract top engineers. My advice is stay away

Advice to Management

If you want to fire folks, fire them. Forcing back to office just to make people resign won't have the results you think. And if it's really that you value those 'casual conversations,' you're incredibly foolish. Anecdotes about helpful watercooler conversations are far overshadowed by the many studies published on the effects of WFH vs in-person on business decisions (see Spencer Stewart Consulting's research on the same topic). You're pushing good engineers out at a time when you have little top talent and weak talent pipelines

1 person found this review helpful

Helpful

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Post ID: @2lzn+1lTBYqrD

Watch once they think they got enough people to leave they'll announce that they'll be closing non virginia offices.

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Post ID: @1eqv+1lTBYqrD

Shut this piece of $|-|it down now!!

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Post ID: @1ykt+1lTBYqrD

What about the ex Amazon and west coast jokers that Cap 1 has hired, they all are Director level and above will they be firing them, these people only work remotely and are not available till afternoon for meetings.

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Post ID: @1dps+1lTBYqrD

capone is desperate to cut costs first ADLs, stack rankings, and now mandatory in-office 2 to 3 times a week to collaborate with others in slack, zoom, and email

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Post ID: @1uga+1lTBYqrD

Told by a hr person in a meeting that anyone working over 50 miles who wants to apply for remote will be treated as a new hire. So they're using this to fire people.

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Post ID: @edb+1lTBYqrD

One thing that is dreadful is going unto offices and have to smell the pppp of coworkers in the bathrooms. Disgusting.

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Post ID: @lyp+1lTBYqrD

Baby boo was right

https://www.thelayoff.com/t/1lwv6G91

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!

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Post ID: @czp+1lTBYqrD

Who wants to look at the execs ugly faces. Go away.

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Post ID: @hkv+1lTBYqrD

It's stupid. Covid ain't going away. My local office had a cobid outbreak in January / February why would I put myself in harms way.

They should close unnecessary offices to save many millions yearly. Capone could be shutdown by the regulators next month. What is this?

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Post ID: @vua+1lTBYqrD

F# that. Who wants to go look at those people in person.

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Post ID: @qha+1lTBYqrD

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