Thread regarding Capital One layoffs

@1jmn Hi, for new hire, if you get pip, do we need to repay the sign on bonus and relocation packages?

@14v7 How long did it take you to get a PIP decision it’s been three weeks since my PIP ended and I still haven’t heard if I passed or failed

Hi there. I know this is a late reply but I hope ur doing better. I too is in the same position. My manager have PIPed 4 ppl since I joined and I am a new hire out of college. I have been told I am doing good but suddenly I was served a CP during my first evaluations. Despite meeting the requirement I was told I will be PIPed. I have asked many ppl in capitalone and they have told me my devision/manager is pretty well known for this kinda stuff. I have given up and am looking forward to the severance. I have other friends who work 20 hours a week and gets promoted as well. I guess i got unlucky.

Why does it sound like me? I even went through PIP, met all the goals and in the end I was told, it made no difference, the decision remains the same! Why I was subjected to so much of humiliation, why not give the package and not give the PIP option only to be subjected to the humiliation! C1 has the worst management, it is the most unethical company and unethical Human Resources!

@OP+1u3idK85 Did you get all the severance? Or did they decide to "randomly" terminate your employment because of being "at will" before the 6 month window? You said you were just under 6 months, which is what you need to get the severance....wondering how badly they sc--wed you.

I was on Short Term Disability this Summer. My manager was let go a month before that and my new manager told me she didn't see a spot for me on her team. She gave me some projects to have 'Something' to review at mid year and encouraged me to find another role.

I had to take short term disability prior to mid year and received a Below Strong rating while I was out. Was not offered a PIP and told I had two months to find a new job before being let go. Blindsided by the fact that the consider it a termination. I

I'm still telling folks I was laid off as I was offered Cobra, two month window and 6 months severance. It was still really heartless the way they did it.

Anyone care to share their experience taing FMLA (on PIP or without PIP). If you were given coaching plan and then took FMLA, does that mean once I come back I will be put on PIP the day I come back to office? I will appreciate if someone can share their experience.

Too bad we do not have a UNION. Just saying.

If you haven't already tell them you won't sign the PIP and that you want them to terminate you with severance. If it gets ugly you them them you feel discriminated against cause of your gender, race, caste, nationality, ethnicity, seual orientation, looks, disability, religion, age, and put them in edge. Have them pay you to be fired and negotiate your severance.

This has been going on for decades. The review process is essentially a kangaroo court. They can do as they please. The expectations and direction can change in the middle of the current, never ending performance review process.

This company has a culture that promotes a utopian corporate world, but under the covers it is a cult. Sooner or later, you will be cast from the cult and you will realize you were bamboozled.

Moral of the story. Use them as long as you can because you will eventually fall out of favor. Take every benefit you can, do NOT sacrifice your life outside of work for them, understand you need to use them more than they are going to try to use you. Set boundaries.

@agch+1u3idK85. You nailed it 100%. This place is making employees as snake oil sellers. Tired of these small wins/branding/tell your story cr-pola. Also if you noticed all the managers saying the same words like programmed robots. Nudge is the word I hate most this year

“You need to sell yourself or you need better branding” is the cop-out BS the managers throw at you when they have nothing else in their arsenal but nonetheless chose you as the sacrificial lamb during calibrations. It’s a popularity contest there and nothing is based on skill or accomplishments. If it wasn’t for the severance and high attorney fees, everyone would be taking them to court.

@3egn+1u3idK85
When it comes to Capital One, everything seems to be constantly changing. My manager was placed on a PIP during the 2023 Mid-Year review and was told that if she didn’t succeed, she wouldn’t receive anything. Unemployment, of course, is a different story since it happens outside of CapitalOne

3egn+1u3idK85, you are correct. I accepted the LIP and failed, and still received severance, as well as unemployment.
Also, you will get severance and unemployment if you don't accept the PIP.
You are correct.

For those spreading misinformation.....If you accept the PIP and fail, you STILL get your severance. If you accept the PIP and then decide you won't be able to successfully complete it, you can OPT OUT and you will STILL get your severance. Speak with HR and get the correct information

1gzj+1u3idK85, if you opt out of a PIP, you're let go and you cannot apply to Capital One again.
Personally, it's not worth it, because once you're put on a PIP, you're basically out the door.
I was on one and was doing my best and in the end, they smuggly said UT wasn't enough and I was being let go, and happily told me I couldn't apply to them again. My response was, "Why would I?" I won't do that again. Full of nitpicking and nothing constructive to help you so called, improve.

If you are only 6 months in your job and they are already harassing you, I would be looking for a new job now. They want you to go away. You can try to wait them out but the end is clear.

@1lvu+1u3idK85 notanewhirebut5yrs again. When I first joined 5 years ago, I had been in the job for almost 2.5 months when they calibrated my 1st mid-year review. They excluded me from the rating, saying I was too new to calibrate. It’s surprising how much things have changed in just 5 years.

@1lvu+1u3idK85 Yes, even those 30 days were unsettling. The team was re-organized right before I joined, and there were still remnants of old and new team norms, as well as people adjusting. During the first 30 days, in the meetings I attended and with the people I spoke to, it was clear that most were stayed with the old organization, and one person had even moved to a new role.. Despite this, they calibrated me as being on par with other engineers.

What adds to the confusion is that I was on a different job code in my previous team and went through a full Power Day as if I was an external candidate. I have no idea how they calibrated my performance—whether they considered my old job title or my new one.

@1gzj+1u3idK85 Wondering why you are thinking of reapplying and coming back here again?

@notanewhirebut5yrs - you mentioned you've only been in the new role for 30 days, but they still put you through the mid year evaluation?

If you opt out of a PIP, are you able to re-apply for roles after a certain amount of time?

I don't think anyone ever "passes" a PIP. Once you get that, the writing is on the wall, unfortunately. Opt out for the severance package, take the money and run. I hope Rich runs that company into the ground, goes bankrupt and gets the karma he deserves after f*cking with so many lives, families, livelihoods and careers. What an absolute monster!

Opt Out. Do NOT sign a PIP. Use the 2 months given for Opt Out for job search. It's paid. No one and you will not be the 1st survives a PIP. You will be fired for cause and not eligible for severance or unemployment if you Opt In and sign. Good Luck.

Your boss or HR should have given you the option to opt out and give you severance and you can fie for unemployment. Don't sign the PIP and ask to be fired and negotiate severance. You negotiate by telling them you've been discriminated against, it could br any number of reasons.

Fu-k Capone.

If nothing is quantifiable, then it is hard to demonstrate why you should pass. Even if you pass, you have to do it over and over again to survive future PM. Just opt out and take the money.

From what I’ve heard, PIPs aren’t even worth trying for because they come with an unbelievably long list of unachievable goals, and there’s no guarantee that your rating will be restored. Plus, if you don’t meet the requirements, they fire you immediately. If you choose to opt out, you get two months of pay and benefits without having to work. Your access to things like Git, AWS, etc., will be removed, but you’ll still have your laptop, phone, and access to basics like email, Slack, Udemy, tech college, and pulse su. After that, you’ll receive severance. That’s what I’ve seen happen to coworkers in the past, and I’ve read similar stories in PIP-related threads here. I’d say opting out might be the better choice.

I was blindsided with a long list of coaching plans after being rated "Below Strong." I've only been in this new role with a different line of business/team for 30 days, and they downplayed all the work I did in my previous team, saying my old manager thought it wasn’t significant.

It’s the same old reasons for the coaching plan: lack of "Influence," "Results Focus," and "Collaboration." Basically, they want us to become “snake oil salesman”, pushing our work across the entire company, but not every role, project, or team can be marketed enterprise-wide.

I feel like they just needed someone to hit their PIP/Coaching quota for mid-year/end-of-year cycles, and I got chosen to be thrown under the bus. At this point, nothing else matters.
Update your resume and find another job. That’s what I’m doing.

Hi there,

I started last fall 2023 (late fall - october/november) and basiaclly had to assume another person's role who was put on a PIP (forced out). I did not get a PIP this mid year but got a BELOW STRONG (no SIGNAL from MANAGER), even proactively asked her for feedback monthly and even created 30/60/90 day plan - what org are you in?