Capital One is laying off once again in St. Cloud. This seems to be one of the smaller rounds, maybe up to thirty people altogether, although I'm sure those losing their livelihood will not be comforted by that fact. At least they can apply to other... — read more
Downtown Chicago office? Partner cards?
Is it true they're selling off the partner cards business, or closing a huge part of the downtown Chicago office? This is just something I've heard from a guy who heard it from a guy in McLean.
Capital one worst company to work BS
Capital one is the worst place to work .Managments are very vindictive. They threatened employee to take away their severance and also small bonus. When u write email to the CEO and the Hr no one helps you for unfair treatment from your District... — read more
Coi management bullying
This is not right and I’ve reported to HR on the bullying tactics from management. Has anyone else been threatened from there manager that they will take away there severance if they don’t follow all there BS rules?
COF-Market Exit
7 months severance
Incoming layoffs
Letting go people in cities. Heard they are keeping top 30 advisors and their books as a package and selling. We have heard Whitney Bank as well as AIG Advisory. Sad deal for all involved. That program went from top notch (especially in South... — read more
CApital One Investing
Rumor. Is COI gone Friday?? Is someone trying to recruit advisors to Woodbury Financial?? Let's check back after a Thursday meeting
Anyone know what the deal is with the VA and city meetings?
So I’m thinking the people invited to the city this Thursday are being let go. Any idea what these meetings are going to be about? Why are there 2 separate meetings?
This downward spiral started 7 years ago
Let’s be honest, this downward spiral started 7 years ago with Fat Boy Apello and not Tom. Hard to hold Tom accountable for a line of business he didn’t have full control over. Fat Boy gave Galante, a totally clueless individual, more stroke than... — read more
Discontinued: Private Banking home loans for high net worth clients
Just announced. Private Banking home loans will no longer be made available to our high net worth clients. This because the idiots at the top didn’t have a backup plan for servicing, when deciding to exit the retail mortgage/Home equity arena... — read more
It’s the final countdown!!!
Final countdown is upon us!! Good luck to everyone! And FU Silly and brown sugar!
Any news on investment side?
Are they being sold, drpped entirely? Any word on when a decision will be announced?
Situation in the technology division of Capital One
I have a job offer with Capital One to work in their technology group at McLean campus in Virginia. But Capital One seems to be laying off people almost every week. How is the situation in the technology group?
Brokerage Layoffs News Coverage
https://www.delawareonline.com/story/money/business/2018/01/25/layoffs-looming-capital-one-after-sale-brokerage-business/1067309001/
Capital One layoffs February 2018
So now that we all know E-Trade acquired a part of our retail brokerage business, we can all start updating our resumes. I know the company said there will be "some" layoffs, but I am willing to bet that "some" is going to be most of Wilmington... — read more
I hope Investing is sold!
What a great job by those at the top of Investing! Really turned around what was a profitable, well run, fun place to work! Now a division losing money, poorly run by those with no prior experience running a bank BD, shrunken product offerings for... — read more
Investing Acquisition
Capital One Investing will likely be acquired within the next 2 months.
More lay offs for 2018 for Capitalone Employees
Sometime by August or September 2018 more layoffs to come.
Good Job
I was employed at Capital One for a few years. Every day there I wondered why Capital One was in the mortgage business. The company overall is great; however, mortgage was the most poorly ill-conceived segment. The lack of mortgage programs available... — read more
Branch Closing?????
I have heard rumors that they will be closing a bunch of branches. Does anyone know when it will be announced? I had heard Dec/Jan however now no 1 is talking about it. Any update would be appreciated
Originations Operating Unit (Long Island - 26 Laid off)
NY STATE WARN NOTICE - Layoffs Announced Originations Operating Unit (Long Island - 26 Laid off) Date of Notice: 11/8/2017 Event Number: 2017-0135 Rapid Response Specialist: Frederick Danks Reason Stated for Filing: Plant Unit Closing Company:... — read more
Auto Finance
Conference Call with Sanjiv tomorrow @11am with all people managers.
Nola office
Any word on the Nola corporate offices?
Investing for sale
Latest update: Investing business is up for sale.
Las Vegas, Houston and Seattle
I really hope they stop here, Plano did get hammered but it could have been much worse. Las Vegas, Houston and Seattle may be the next target, but we'll see.
Are Financial Advisors next?
Small business gone, lending gone, are the financial advisors next to get the chop. November 16 all hands on call will hopefully shed some light. Is it possible they are going to sell the retail branches?
3000+ H1B Visa Holders Employed by Capital One
http://h1bdata.info/index.php?em=Capital+one&job=&city=&year=All
There were 20 experienced IT associates in my batch of pink slips!
There were many of these kind of meetings today , they can hire 2 H1 contractors for one of employee salary . Binge hiring was there for some time , bad technology spending, bad technology management in the name of innovation!!! How can they employ... — read more
Watch out for auto...
Not just mortgage and home equity laid off. Also some retail bank call center. Auto is almost certainly next. Probably similar scale.
Bye bye jackass
Capital one was by far the worst mortgage company I have ever worked for. Ran poorly from the top. Middle management was the definition of favoritism and who was in with the crowd. Definitely not a merit based company. I”m happy to see that Sanjiv... — read more
What else is left to exit?
Seriously, what else is Capital One planning to exit? Plano Mortgage and Servicing, Small Business, hearing Auto, oh, what else is on the chopping block. Happy holidays...
https://twitter.com/TheLayoff/status/928020531353477120
https://twitter.com/TheLayoff/status/928020531353477120
Media Coverage of Capital One Layoffs as of now (Nov 7 2017 4 PM CST) - 1000 Jobs Lost
Media coverage as of now: Capital One to cut 950 jobs in Plano with closing of home loan division, call center https://www.dallasnews.com/business/economy/2017/11/07/capital-one-shutter-home-loan-division-call-center-plano -Capital One to cut 950... — read more
So, whats in your wallet? A "Pink Slip", right?
So whats in your wallet, "Pink Slip"... This layoff is confirmed... Heard Auto is not doing to well, either... My guess is Cap One will go away, its a shame had a lot of BOX buildings, even one with a slide, in Plano...
CapitalOne mortgage is laying off
CapitalOne has sold its mortgage operations and is having a second round of layoffs. Loan origination was today.
Plano Mortgage and Servicing
Do you have any updates on possible layoffs here in Plano?
Small business exiting San francisco
The small business group has laid off everybody in the main SF office. 120 folks, and possibly more from the other teams. Business decision is the party line, which seems plausible. Concerns about C1 exiting SF altogether are being expressed in the... — read more
Capital one is a sh-- hole
Capital One use to be a great place to work. The fact is they do not have any respect for their employees. They are guilty of age discrimination but cover their own asses with NDA AGREEMENTS when they dangle a package in front of your face. Don't... — read more
So I have received a job offer to join the McLean office in the technology group? What is the layoff situation?
Can anyone tell me what is the layoff situation at McLean VA
Capital One Layoffs 2018
I never knew that executives can be so sneaky, to tell you one thing and then to hit you with something else - the mood is pretty bad here in McLean.