Rumor is the entire technology training team was laid off. What a coincidence AI makes documentation super easily. Don't believe a word from leadership. Collect the paycheck and get out as soon as you have another offer.
Results layoff
laying people off IO, two so far
Anyone hear about future office closures?
Hearing HRO will close in 2028 and the LAO offices will be merged (not sure when). Has anyone heard anything similar?
Cuts are coming in June, you can bet on it
Watch the execs...
March 2023 Layoffs
Stay positive folks. Rumors are just that - rumors. I have heard of nothing certain as of today.
Is Capital Group headed for layoffs in 2023?
With Morgan Stanley and Goldman Sachs laying off and the huge dip in the market, will CG see layoffs in 2023?
2018 Capital Group Layoffs - Approximately 40 employees
Capital Group layoffs occurred today. Approximately 40 IT associates were laid off for not meeting the new blended role profile. Teams are stretched as it was, off shore team are expected to fill their roles. Perfect condition to failure.
Supervisor and Manager Layoffs
Word of mouth is that supervisor and manager layoffs are occurring today.
Things are looking much better right now
And I hope we'll continue to grow and expand.
What is a typical severance pay at Capital Group?
I joined recently but I am concerned that we may have layoffs soon. My old employer (a competitor) had 10 weeks baseline pay plus two weeks for every year of service (has to be a full year) you had with the company. Also, there was a lump sum payment... — read more
Capital Group Layoffs 2015
I’ve heard many rumors about 2015 reorg and layoffs at Capital Group – I cannot confirm anything but a few folks have fairly good sources pretty high up (SVP on the IT side). Anyhow, it looks like they will be shifting things around again and there... — read more