I just got below strong on my midyear and am under the impression I will be put on a coaching plan, but it is unclear. After reading posts hear it seems like I most likely will be given a PIP instead. Does anyone have a good idea on timeframes for... — read more
Coaching plan to laid off
Put on a coaching plan this year, NGL there are worst performers on my team! I was meeting the plan reqs and just got let go. My manager assured me I’d make it and I was on track. They laid me off anyway!!! I worked so hard too! I could’ve used the... — read more
Social Security Administration comment
I just got off the phone with SS regarding a claim for disability. I have serious physical issues that are well documented and am applying for disability just 8 month before I would be eligible without any disability for my benefits, but I know I... — read more
Glassdoor Review - STAY AWAY - STACK RANKING
https://www.glassdoor.com/Reviews/Employee-Review-Capital-One-RVW78989694.htm 0 Aug 9, 2023 STAY AWAY Senior Associate Accounting Current Employee, more than 1 year Richmond, VA Pros There are none. It's an evil corporation. Cons Stack... — read more
Flex off issues
I’ve noticed lately for us in “Flex off” positions that now everyday between 8am-830am there’s “insufficient staffing” when that was never the case. Please don’t tell me these re--rd loser upper management people are trying to fist it’s employees... — read more
product owners not stepping up
After working with multiple product owners/managers in tech I realized most are unqualified for their roles. They lack technical skills and can't understand business or technical requirements and translate them into actionable product features. When... — read more
Wow, this sounds so much like Capital One
Aside from the skeevy culture, this stuff really works here! https://www.cnbc.com/2023/08/09/forget-quiet-quitting-loud-laborers-are-ki-ling-workplace-morale.html
Remote associates are next
Leadership isn’t satisfied with the return to office numbers. The next step will be to request remote associates to relocate near a people center. This will be an in effort to drive voluntary resignations over layoffs and severances.
Below Strong in Mid Year Review?
How common was the below strong rating in the mid year performance review cycle? Someone quoted 20%..
Jittery Sundays in anticipation of Monday and Coming Layoffs
My Sunday is ruined because of what's coming this week and rest of August. A lot of you knows that mid year reviews were pushed into August, so management can decide who they plan to fire. I will always ask any company I interview with about their... — read more
Surprised layoff in tech
Manager, supervisor, and I were all surprised about this recent termination. It was done through a big meeting but not sure how many were affected. Manager found out during an overlapping meeting happening at the same time. I'm glad I don't have to... — read more
I'm convinced it's not over
Expect more cuts tomorrow.
It's Starting!
Good luck everyone... It'll be rough and some good people will leave. I've seen the best of the best cut over the last few years, it'll be repeated. The market is good and it's OK to move on. Remember this has nothing to do with you and they are... — read more
Looks like those laid off were the lucky ones
I'd trade being PIPed for a layoff with severance without thinking.
mid year promotions and firings
promotions and stack rank firings happening at the same time what a nightmare
There is no future at Capital One
When the management continues to solve issues exclusively through layoffs it becomes clear how incompetent and desperate they are. True leadership would find sustainable ways of improving results instead of continuing to cut costs that shouldn't be... — read more
tech layoffs
Individuals in tech are being laid off. Not just low level but senior director levels too. No one is safe.
Anyone heard their mid-year feedback yet?
Curious with the increase in below strong rankings if anyone has heard their feedback yet and felt like they were trying to be PIP’d?
Auto Finance layoffs
Last year auto was on hiring freeze at this time and layoffs came in November. This year hiring freeze and no backfill and clearly underperforming in multiple area's. Do layoffs typically come in Q4 or is it random?
Why do we need so many layers of execs?
Our company has so many layers of executives who do nothing! Layoff at least two to three layers and leave the front line managers in their roles. Why do we need so many MVP, SVP’s, senior Directors, directions, etc. what the he-l do these people... — read more
product owners getting fired
On linkedin a product owner got laid off or stacked ranked from Capone and reaching to his network for job assistance. God bless him. After the ADL job family was removed it was assumed product owners would fill their void. But they haven't been. And... — read more
Is the company trying to get ready for sale?
Any chance these deep cuts are getting ready to sell the company? Just wondering if it is finally the time to be swallowed up and the company is slashing and burning to make the books right for the sale. M&A is picking up.
No high performers are going to stick around Capital One after this
Why would we? I wasn't affected but I've already spruced up my resume and I'm planning to leave as soon as I can. I don't want to stay at a place that disrespects its employees in this way. Having layoffs and keeping everybody in the dark about it is... — read more
Richmond area employees - news
Hi all - I'm sorry to hear that many of you have been affected by layoffs at Capital One. From browsing here, it sounds like a potentially significant number of people have been impacted by cuts. I'm an RTD reporter looking to talk to employees or... — read more
pure evil - no unemployment WARN (Worker Adjustment and Retraining Notification) notices cuz - STACK RANKINGS!!!
Based on speaking with internal teams directly in person about major layoffs and looking at this website. Why isn't this in the news? There are no WARN (Worker Adjustment and Retraining Notification) notices because that is for employees who are... — read more
Received A Mysterious Invite Entitled, People Leader Forum from a Managing Vice President
The guest list has been hidden stating number of guest too large. Entitled People Leader Forum. No other information given and my Team Lead has no info. Should this be concerning considering how the latest round of layoffs were handled? Or maybe... — read more
Stop blaming everyone but yourselves
You know the calibration system is dysfunctional, but you stay around as long as it isn't you getting shoved out You blame whites / browns depending on whether you are brown/ white. There are equal proportions of eedeeots of both kinds. Some of... — read more
Next 6 months
I know mid-years are approaching fast and saw talk of potentially more layoff’s to come after Juneteenth. Will this affect any TSC front line/customer facing workers? Management told us not to worry but some of these layoffs hit close, a few members... — read more
Update your resume and be ready
There's no reason to let your health suffer because of everything that's going on here. Although I hope it won't be like that, chances are that it will become more and more chaotic here so update your resume. Maybe they like it when employees are... — read more
This is not on us
Layoffs happen because those on top can't manage a budget. It's 100% their fault. So why is it that we get punished instead of them?
What's happening?
Can somebody please tell me what the he-l's going on since we're certainly not getting any news from the management?
cheap necklace
Been at capone for 4 years now. Everything under Rob A. the CIO is a disaster this SofaB should have been fired years ago he is an incompetent country bumpkin. I had trained my older white male boss who was hired by nepotism. Apparently his friend... — read more
Still no news on this? Shady!
Where’s the Fox business news on this? Why the secrecy? This is going to blow up in the face of Capital One overall. It’s not going to get swept under the rug. What are these people thinking? LOL. Someone go down to your local news station and... — read more
Don't take things personally
It's time to look for a new job because this place is a mess… It's hard not to take some things personally, but always having an excellent performance and then being put on PIP shouldn't be seen as a personal failure, but as a downward spiral... — read more
Layoffs came at the worst possible moment
The situation in our group is an absolute nightmare of epic proportions. We are already slowed down, trying to work through complete chaos and then they hit us with more cuts. We found ourselves with more people gone at a time when we are begging to... — read more
White Ex-Capital One Employee Settles Discrimination Suit
https://news.bloomberglaw.com/daily-labor-report/white-ex-capital-one-employee-settles-discrimination-suit Capital One NA and a White ex-employee have agreed to settle a suit over racial discrimination and harassment claims. Sherry Papa had... — read more
employment class action attorney
Shannon Liss-Riordan is one of the famous employment attorneys focusing on class actions. Likely a majority of people terminated were female, older, minorities, disabilities, and other protected groups. Feel free to contact her the firm represents... — read more