Topics regarding layoffs at Capital One

Topics regarding layoffs at Capital One

role eliminated what are my options

I have been mulling over the weekend what to do. Got informed last week that my role is eliminated. I have strong reason to suspect that my manager has targeted me. Is associate relations any help at all?

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| 3101 views | | 16 replies (last November 3, 2023)
Post ID: @OP+1plTmKXh

Lastest 1 Star Glassdoor Review - Sounds Right

https://www.glassdoor.com/Reviews/Employee-Review-Capital-One-RVW80901645.htm 0 Oct 12, 2023 Avoid like the plague Product Manager Current Employee Recommend CEO Approval Business Outlook Pros Benefits aren’t bad. Some friendly people if... — read more 

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| 1711 views | | 2 replies (last October 28, 2023)
Post ID: @OP+1pj15fhp

COF stock is up 9% today

Thanks to all those that were let go, easy sacrifice for those executives with stock options

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| 1031 views | | 1 reply (October 27, 2023)
Post ID: @OP+1pis3Fmr

Capital One has always been like this

You were drinking the Ko-Aid if you thought otherwise. https://www.ksbw.com/amp/article/capital-one-throws-welcome-party-day-before-salinas-layoffs-announced-2/1275329

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| 2184 views | | 6 replies (last October 26, 2023)
Post ID: @OP+1pg5ALOM

out of control

Was told by tech management the year end performance calibration templates for self reviews which is on a spreadsheet needs to be completed and submitted to management before by end of October. And if possible submit year end self reviews in Workday... — read more 

Shrink baby shrink

https://finance.yahoo.com/news/the-new-strategy-for-us-banks-shrink-130002506.html When is CapOne going to drop em manager layers?

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| 1840 views | | 5 replies (last October 26, 2023)
Post ID: @OP+1pclNCpm

How is anyone dealing with the pressure right now?!!

Worries about YE has been ki-ling me on the inside, and work is constantly stressful. But everyone seems to have their sh-t together. How is anyone dealing with this rn?! How can I be excited, capable and energetic like some of my other colleagues?! — read more 

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| 2011 views | | 7 replies (last November 3, 2023)
Post ID: @OP+1pb2mgGc

thieving b#####d boss

So this b# boss has been stealing my work accomplishments as his own. At the same time trying to stack rank me even though he steals credit for my work. Many b#s like this at Capone. Too stupid and lazy to come up with anything of their own and... — read more 

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| 1641 views | | 9 replies (last October 20, 2023)
Post ID: @OP+1p91FRrc

WFH status updates?

Has anyone heard if remote workers will have to go back into the office?

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| 2221 views | | 8 replies (last October 31, 2023)
Post ID: @OP+1p9zcJR0

And so it continues...

C1 is hiring temporary HR coordinators through recruiting firms for approx 4 months to handle creation and processing of severance documentation for organizational restructuring events.

All are being summoned to Sanjiv’s TH

All employees, remote & in person are being summoned to Sanjiv’s town hall on November 14. We went from no budget for team events to now everyone must travel to Plano for this town hall, no matter where you live. Do you think layoffs will be... — read more 

When will anti-caste discrimination laws come to VA ?

Anti caste discrimination laws are in place in California, following Seattle. https://www.axios.com/local/seattle/2023/03/27/seattles-caste-discrimination-law This is a very important step in countering a massive inequality that the Indian diaspora... — read more 

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| 2660 views | | 17 replies (last September 18, 2023)
Post ID: @OP+1ox7q2Qu

AML Coaching Plans

200+ people put on coaching plans in AML after the mid year criteria ‘magically’ changed. People being fired left and right - investigators and supervisors. This is the companies way of weaseling out of paying out severance packages. Rich puts on 4... — read more 

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| 5452 views | | 16 replies (last September 20, 2023)
Post ID: @OP+1ov7dBXt

To Stack Ranking Try Hards

This is to those too stupid to realize going way above and beyond gets your absolutely no where: Nobody like you. You’re not impressing anyone going way above the metrics needed to pass goal. Keep making the stats higher each month for not only your... — read more 

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| 1930 views | | 4 replies (last September 22, 2023)
Post ID: @OP+1ouV3ddo

Remote workers are not next

For anyone wondering, remote workers are not next. Discussed this with VP+. Take a look in workday at the total number of remote employees and you’ll see it’s very small. They will also give remote workers the option to go hybrid without laying... — read more 

Remote workers - we are next

I’m positive we are the next ones to go, it doesn’t matter if you are a high performer, we are going to be next. What have you heard?

Another Lovely Glassdoor Review - STACK RANKINGS

https://www.glassdoor.com/Reviews/Employee-Review-Capital-One-RVW79589845.htm 0 Aug 29, 2023 Toxic Culture Director of Technology Former Employee, more than 5 years McLean, VA Recommend CEO Approval Business Outlook Pros Tech stack is great... — read more 

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| 1971 views | | 4 replies (last September 4, 2023)
Post ID: @OP+1onM9Syg

Recruiter layoffs

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

Negotiating severence

Has anyone been able to negotiate their severence when laid off for restructuring reasons (not performance related)? Are certain terms more flexible than others?

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)
Post ID: @OP+1ohD0znt

Capital One Layoff Strategy

Those of you who are confused by the layoffs have to understood it’s happening via several methods & stages that Capital One disguises as non-layoffs. Redeployment (Q1 2023) Redeployment (Q2 2023) Mid Year (PIP, Coaching Plan, Redeployment)... — read more 

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