Thread regarding Capital One layoffs

HR mandated PIPs for all below strong

after 7 years of consistent performance, handed a pip after my first MY review. It's gonna be a tough rest of the year looking for jobs.

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| 2341 views | | 8 replies (last August 29, 2023) | Reply
Post ID: @OP+1ohD0znt

8 replies (most recent on top)

Understood, thank you. Hope everyone is able to land on their feet after this, sounds like a tough situation but maybe for the best, stack rankings are terrible and the culture (at least in my team) has been changing for the worst the past year.

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Post ID: @4xpu+1ohD0znt

As a poster in a thread mentioned all Below strong got placed on a pip unless an exception was raised by a director. If you are on good terms with your director or managers it could be the case they stuck their neck out for you to keep you around. Otherwise, there is a lot of pressure from HR to managers to PIP all below strongs. It depends how much your manager wants to stick your neck out for you.

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Post ID: @4olo+1ohD0znt

I don't think all Below Strongs got PIPed, I was placed on a CP instead which seems very attainable.

That said, it'll be tough to shake the rating and it definitely makes getting a promotion harder. I don't see a future at Capital One in the case that if I get another low rating I get cut immediately.

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Post ID: @4lwl+1ohD0znt

Post from TheLayoff.com

All CPs being converted to PIP

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Post ID: @4kli+1ohD0znt

I know plenty of below strong this MY who got a Coaching Plan and not PIP’d.

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Post ID: @3lak+1ohD0znt

CONTINUED:

AND YOU DEMAND A SEVERANCE RATHER THAN GOING THROUGH THE PIP. YOU SIGN PAPERS RELEASING THEM OF LIABILITY FROM YOUR ACCUSATIONS OF MISCONDUCT. NEGOTIATE A SEVERANCE AND ALWAYS ASK FOR MORE MONEY.

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Post ID: @2sqd+1ohD0znt

NEVER SIGN A PIP PERIOD.

YOU REPLY TO YOUR REVIEW IN WORKDAY THAT YOU STRONGLY DISAGREE WITH IT. AND YOU ACCUSE THEM OF BIAS AND HARASSMENT.

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Post ID: @2bhl+1ohD0znt

Same here, first below strong and immediately got a PIP. So d-mb

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Post ID: @1jrb+1ohD0znt

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