Thread regarding Capital One layoffs

How long does it take to get a PIP this time around?

I just got below strong on my midyear and am under the impression I will be put on a coaching plan, but it is unclear. After reading posts hear it seems like I most likely will be given a PIP instead.

Does anyone have a good idea on timeframes for this?

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| 2191 views | | 10 replies (last October 17, 2023) | Reply
Post ID: @OP+1ofBJhmL

10 replies (most recent on top)

I received a below strong at MY and was put on a CP. I was told if my “performance” didn’t improve within 30 days, I’d be put on a PIP. The CP was so extensive it’s seemed unattainable and I felt I was destined to fail. I caused a little bit of stink about my MY and coaching plan and, somehow made it off my coaching plan without going on a PIP. For now, that is. I already know (from a reliable source) I’m on the “list” and they’ll get rid of me by year end.

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Post ID: @Tbjo+1ofBJhmL

start looking for roles externally, start date of february

wait it out at capital one for the severance,

take the money and have the new job lined up (win win)

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Post ID: @2qtz+1ofBJhmL

I’m the same exact way, OP. I’m swapping teams right now and I don’t really feel any motivation to onboard knowing I could get cut any moment.

At this point I just want severance

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Post ID: @1zsc+1ofBJhmL

I'm looking. I just don't want to go to standup anymore. I know it's coming.

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Post ID: @1cad+1ofBJhmL

Your best bet is to start looking for opportunities outside C1 and when they let you go (they will make up different terms vs. calling layoff), take a package and leave. This company is not worth your talent and hard work.

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Post ID: @1owd+1ofBJhmL

Coaching Plan vs PIP was different, this year it's a guaranteed layoff. If they don't get you at Mid Year, they'll get you at End of Year. C1 is looking for any excuse to cut heads. Good luck!

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Post ID: @1jcm+1ofBJhmL

Look for other opportunities outside of Capital One. This is pretty much a clear message you’re being let go. They’re aggressively laying off people, during 2023 - 2024 pretty much cutting heads despite your performance. It’s not your fault. Just have to keep moving forward.

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Post ID: @1kvf+1ofBJhmL

Whatever reason they documented on your review if it's lies or exaggerations you respond at a high level why you disagree with your review in Workday. If you are an older man working with 30 year olds; a woman working with mostly men; have a disability; or any protected class. You respond on your review that you are a protected class and accuse them of bias. You're likely to get let go so you have nothing to lose and you're letting them know you expect severance period. Go for broke.

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Post ID: @omb+1ofBJhmL

they are making the pip almost impossible to complete , they will use the above benchmarks of your level to add to your pip and avoid specific tasks so they can get rid off you. just take the money and run if you are out on pip.

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Post ID: @sjo+1ofBJhmL

From my understanding, senior leadership has been dragging its feet on approving coaching plans for different LOBs. I was also told I’d be given a coaching plan and my manager has indicated as much but we’ll see. I have heard we will get guidance real soon

I wish if they were going to go with PIPs or layoffs they would hurry up with it

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Post ID: @jxg+1ofBJhmL

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