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This post from october 2017 is oddly familiar - chilling

https://www.thelayoff.com/t/PFv77BE

TheLayoff.com
Thread regarding Capital One layoffs
Capital One system is anything but fair or equitable

Anyone that believes the Capital One system is fair or equitable is not living in reality. The biannual process is a popularity contest not based on any quantitative data or any tangible results and is based on how well your manager and his/her peers like you.

It is a chess game that includes sacrificing one of your associates to save another with no rhyme or reason other than likability. What a shame to continue to decimate a work force and the greater Richmond community as Capital One continues to eliminate jobs. The irony is that they continue to use the term role elimination although the job is still there and there is someone else doing it.

Capital One has found a way to terminate its experienced work force and backfill it with cheaper and less experienced workforce. Capital One uses its "what's in your wallet" marketing resources to spin the fact that it has terminated literally hundreds of loyal employees that put their heart and sole into making the company successful. #no-employee-loyalty

Hope you don't mind me bumping this into a thread, @4lfp+Py4bS3p. It's perfectly put.
Oct 9, 2017 by Anonymous
3 replies (last Mar 17, 2018)
2468 views | no reactions
Post ID: @OP+PFv77BE
3 replies (most recent on top)

They are moving Card out of Chicago, it's been internally announced. Not sure about all of Chicago. 12-18% of all Tech staff is going to hit the pavement soon too. Yes, annual performance is now being used as a weeding tool. I was a Strong and Very Strong performer and this last time I got a Development Plan and 98% of what was stated as a problem was made up. I had no idea who they were talking about. It will be really hard to get a strong now. They are doing a presentation now, from HR, where they are explaining how this works just so they can say, You see how HARD this is? Yeah, its the same process they have had for a decade or more but they are making it more stringent. I can only hope that my mgr, who turned 40 last year, will feel the brunt of this sooner than later just for complying with this nonsense.
Mar 17, 2018 by Anonymous
no reactions
Post ID: @2zhyc+PFv77BE

Amen! I'm glad that I'm not the only one that saw that. My stats went up but I got "inconsistent" every year.
Nov 16, 2017 by Anonymous
no reactions
Post ID: @Dzea+PFv77BE

Rumors are flying that Capital One is pulling out of Chicago. The US CARD layoffs announced 2 weeks ago so far have only impacted the business side. Tech is waiting for their turn. Meanwhile the annual performance" manage them out" phase is starting. An over whelming portion of the latest group has seen longer term workers over 40+ being listed as "inconsistent" -- first step for a performance review out the door.
Oct 9, 2017 by Anonymous
no reactions
Post ID: @fge+PFv77BE
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Mikey #no 2 probably say be grateful that you've got a job in the middle of this covid crisis.

I can sympathize about the cleanliness, the restrrooms in our field office are gross. Lights don't work, no TP, no paper towels, no hand soap half the time. I find myself driving 7 miles into town to use the gas station restroom. You want to know what can be done...... clean & stock the restrooms more frequently for starters it is ridiculous. But no, we are more worried about our mood elevators & what type of personality each of us have. You are better off giving a fist bump in the field vs. shaking hands #no handsoap

Capital One system is anything but fair or equitable

Anyone that believes the Capital One system is fair or equitable is not living in reality. The biannual process is a popularity contest not based on any quantitative data or any tangible results and is based on how well your manager and his/her peers like you.

It is a chess game that includes sacrificing one of your associates to save another with no rhyme or reason other than likability. What a shame to continue to decimate a work force and the greater Richmond community as Capital One continues to eliminate jobs. The irony is that they continue to use the term role elimination although the job is still there and there is someone else doing it.

Capital One has found a way to terminate its experienced work force and backfill it with cheaper and less experienced workforce. Capital One uses its "what's in your wallet" marketing resources to spin the fact that it has terminated literally hundreds of loyal employees that put their heart and sole into making the company successful. #no-employee-loyalty

Hope you don't mind me bumping this into a thread, @Py4bS3p-4lfp. It's perfectly put.

Anyone that believes the Capital One system is fair or equitable is not living in reality. The biannual process is a popularity contest not based on any quantitative data or any tangible results and is based on how well your manager and his/her peers like you.

It is a chess game that includes sacrificing one of your associates to save another with no rhyme or reason other than likability. What a shame to continue to decimate a work force and the greater Richmond community as Capital One continues to eliminate jobs. The irony is that they continue to use the term role elimination although the job is still there and there is someone else doing it.

Capital One has found a way to terminate its experienced work force and backfill it with cheaper and less experienced workforce. Capital One uses its "what's in your wallet" marketing resources to spin the fact that it has terminated literally hundreds of loyal employees that put their heart and sole into making the company successful. #no-employee-loyalty

@6hoi

Learn how to read?

You wrote:

4pso is say $1600 two weeks pay based salary with hourly rate

You jack a-- must be a Corp. Clown so far up the a-- in Corp. Greed.

Learn how to write!!!! "4pso is say"??? It's saying...not say!! And he never said $1600 2 weeks base pay. When you want to convey a thought or idea, you must write a clear sentence. Speak the Kings English!! How about throwing a few commas in there so that your sentences don't run together? #no Ebonics #6th grade education #dumbf@ck

#no bait. I think you missed the point of the other poster.

Unfortunately that type of sarcasm is exactly what we EMCers get when we try to work alongside our new peers. I'm betting you never worked for Mr. Egan

Stop the insults. Share the passion.