Thread regarding Capital One layoffs

Everyone ready for round 2?

It's going to get very ugly here soon, hope for the best, expect the worst!

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| 3751 views | | 11 replies (last June 28, 2023) | Reply
Post ID: @OP+1n11YetZ

11 replies (most recent on top)

Is this round over yet?

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Post ID: @kcom+1n11YetZ

There’s bunch of Dir+ population twiddling fingers at C1, does redundant work, put a new spin… revert back to old technologies, practices who need to be first ones to be fired to save a ton of money.

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Post ID: @6ddv+1n11YetZ

Were there layoffs today? Which LOB?

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Post ID: @5cgb+1n11YetZ

You called it! TODAY was crazy! They should have given us all the day off with all this madness...smh

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Post ID: @4hwb+1n11YetZ

Redheads make bad CEOs.

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Post ID: @2fax+1n11YetZ

I wished those exec beeootches were never born.

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Post ID: @2rnf+1n11YetZ

Capone is not doing very well financially, all the parameters are in red, their revenue went down by 18% and net income was down 60% year on year no wonder Rich was crying, instead of firing the IT people they should fire the top management as they have failed a big time!!

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Post ID: @1sju+1n11YetZ

I am not a people manager but this week spoke with one and was told his management in IT were having performance calibration meetings and a hard 15% are to be put as Below Strong for mid-year to set then up for a coaching plan then PIP or firing.

This isn't anything new they're been doing stack rankings for 3 decades.

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Post ID: @1gsq+1n11YetZ

How do you know? Was these some internal discussion?

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Post ID: @1zge+1n11YetZ

Sorry to hear about the upcoming 15% reduction.
I can't understand how they keep doing this and not get called out by their investors.
Note to investors - your cxx layer and their band of id--ts are destroying the company from within.
Time to stand up and fire them.

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Post ID: @1xln+1n11YetZ

Stack rankings 15% finna be fired.

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Post ID: @ixb+1n11YetZ

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