Thread regarding Capital One layoffs

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 your job, it was just a numbers game and you did not make the cut. You are not a bad employee, but you were evaluated as not being as good as the others. Of course, we have the rather biased review process that determines who is going to be sacrificed.

Cost cutting and outsourcing are not new. These are trying times for our economy. Most companies are doing things similar to what is going on here. Hoping the best for everybody as the company and the country adjust to these trying times.

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| 1081 views | | 2 replies (last February 17, 2023) | Reply
Post ID: @OP+1leYIIaJ

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Capital One only follows the trends of true IT firms. They are a wannabe with a cultish hero worship of their CEO.

Their long-term planning consists of running around like a headless chicken. Their solution to any inadequacy exposed is massive layoffs.

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Post ID: @xzg+1leYIIaJ

Yes. Meta is doing stacked rankings or forced rankings just like at capital one. Goal is to drive large amounts of people out of the organization and try to get out of paying severance and unemployment benefits. But a lot of companies are doing that too including Google.

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Post ID: @mnr+1leYIIaJ

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