Thread regarding Capital One layoffs

Recruiter layoffs

Heard rumors of layoffs today for recruiters. Anyone have insights?

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| 3561 views | | 11 replies (last September 2, 2023) | Reply
Post ID: @OP+1olQ3nhf

11 replies (most recent on top)

HR is definitely the problem....they are the keepers of the system that causes Rich so much turnover and wasted money. I didn't see it until I left this year. The college football coaches and other famous guest speakers they spend money on, events and BRGs are all a ruse. HR is watching you every step of the way, collecting information to use against you during MY/EOYs and feeding everything to PLs, even making suggestions as to who should be cut and when.

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Post ID: @4arr+1olQ3nhf

Can you please tell us what this new performance improvement thing looks like? thanks

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Post ID: @3ajp+1olQ3nhf

Step 1. Fire all ICs
Step 2. Keep all the sh---y middle managers who failed to lead
Step 3. ???
Step 4. HR DID A PERFORMANCE IMPROVEMENT!!!

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Post ID: @2jpy+1olQ3nhf

No one is firing HR. We are leading the whole performance improvement thing. They need us.

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Post ID: @2uyr+1olQ3nhf

Can confirm. 100+ and not performance related. Impacted all lines of business.

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Post ID: @2zct+1olQ3nhf

They haven’t shared a number with us but it was a very large number across the entire org - even directors were impacted..

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Post ID: @2hzp+1olQ3nhf

Can someone please confirm the number? TA was hit hard across all levels on Monday.

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Post ID: @2wiv+1olQ3nhf

Yes when companies start firing recruiters are the first to go. Now they should fire other HR staff as well to make it equitable especially the HR Business Partners.

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Post ID: @ttr+1olQ3nhf

Big time .probably 50% of the team was let go .

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Post ID: @nzv+1olQ3nhf

I’ve seen recruiters in my LinkedIn network post about it

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Post ID: @dre+1olQ3nhf

Can confirm

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Post ID: @bbt+1olQ3nhf

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