Topics regarding layoffs at Capital Group

Topics regarding layoffs at Capital Group

Layoffs starting

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.


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Post ID: @OP+1ktahmknh

March 2023 Layoffs

Stay positive folks. Rumors are just that - rumors. I have heard of nothing certain as of today.

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.

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Post ID: @OP+TGztTJl

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 

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| 3930 views | | 1 reply (February 11, 2015)
Post ID: @OP+A03mfBg

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 

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| 3650 views | | 5 replies (last July 13, 2016)
Post ID: @OP+A0MBvUh

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