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?
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
COF stock is up 9% today
Thanks to all those that were let go, easy sacrifice for those executives with stock options
told that they are monitoring badge swipes
Have to show up to office 3 days a week
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
Since we're discussing Layoffs...
Is anyone aware of any potential impacts to take place in SBB Lending by year end? No panic here, just curious
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?
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
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
WFH status updates?
Has anyone heard if remote workers will have to go back into the office?
I’m on leave and my password expired so I don’t have email access. What’s this email about a Town Hall?
I’ve seen a few people post about this Town Hall in Plano. Is this for just a specific LOB or literally ALL employees, no matter the department? What if you physically can not make it there? I appreciate any additional information anyone can give me... — read more
Is the in person Town-hall just to tell us we will be working back at the office or Hybrid
Managers are saying it is mandatory that we go in. But email is saying strongly encouraged? I wonder if this meeting is just to tell us we will either have to go back to the office or go hybrid?
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
I swear recent 5 star Glassdoor Reviews have to be manipulated
There’s absolutely no way that the recent 5 star reviews aren’t planted by the company to give the appearance that the culture isn’t the most toxic, bullying, harassing environment ever. How can you say “no cons I can think of” without being planted... — read more
Any insight into End of Year?
Does anyone have insight into End of Year this year?
Can someone explain how Capital One is able to deny unemployment if they place someone on a PIP?
I just want clarification on how this works.
Layoffs coming to Card next.
Remote workers will be the hardest impacted.
It’s sad to see the trend of the dramatic change in culture. I also left after a 20+ year career at Cap One
https://www.glassdoor.com/Reviews/Employee-Review-Capital-One-RVW80258829.htm All good things must come to an end I Was A Senior Manager With Over 20+ Years Former Employee, more than 10 years Recommend CEO Approval Business Outlook Pros 100% -... — read more
Ever wondered who are the co-conspirators for Capone for performance management?
I was asked to get in touch with a "career coach" at Capone through a company called Lee Hecht Harrison (LHH) which is owned by Adecco Group. Adecco is one of the largest and "most prestigious" HR advisory consulting firms out there that advises... — read more
Has vacation been paid off in the severance packages?
Looking like I'm getting cut soon and curious if I should use the rest of my vacation up
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
Now that it's been a while after layoffs
How many jobs have you been expected to do since it happened?
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
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
end of year 2023 stack rankings had begun
Was told by management yesterday that they've already started the stack ranking for year end 2023.
How are current below strong people holding up?
I know most who received a BS rating ended up with a pip immediately unless they were given an exception (TDPs, etc). Has your coaching plan ended yet? Mine ends mid October
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
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.
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