Thread regarding Capital One layoffs

Jittery Sundays in anticipation of Monday and Coming Layoffs

My Sunday is ruined because of what's coming this week and rest of August. A lot of you knows that mid year reviews were pushed into August, so management can decide who they plan to fire.

I will always ask any company I interview with about their performance management and bluntly ask them if they do stacked or ranked or distributed ranking or rank and yank. It is EVIL !!!

https://en.wikipedia.org/wiki/Vitality_curve?wprov=sfla1

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| 2731 views | | 6 replies (last July 31, 2023) | Reply
Post ID: @OP+1nR6kghx

6 replies (most recent on top)

Weird I already had my MY review.

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Post ID: @1dzn+1nR6kghx

The scope of their performance rankings haven't changed much it's as dastardly as ever. HR and Execs are just telling teams to throw people into below strong or inconsistent categories to fire them with less severance this year. But every year has been this ruthless chaos. Never bank with or get a credit card from Capone. EVER !!!

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Post ID: @1xhm+1nR6kghx

Can someone explain why this company changed their scope of how midyear and year end evaluations are done? It doesn’t even sound like HR is aware of these changes.

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Post ID: @1axs+1nR6kghx

Sicko company. Yes you have really 4 months between calibrations as the lead time between mid or year end is 2 months ahead. Disgusting.

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Post ID: @1afn+1nR6kghx

I always found it odd Capital One always has such late timing for their EOY and MY review delivery. You get your EOY from the previous year almost in March/April, and then MY in August?? You have less than 5 months as you will be calibrated by October/November. December numbers and metric/stats aren’t even factored into the calibration.

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Post ID: @1afp+1nR6kghx

Same feeling of dread. Dread is the key word.

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Post ID: @1ngc+1nR6kghx

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