Thread regarding Capital One layoffs

DFS employees, run for your life!

DFS employees, run for your life! Capital One is famous for hiring and firing and also merging with other companies and then laying off/firing all the workers from the company they merged with a year or so later. Do some research on the HSBC merger a few years back. All their employees were welcomed with open arms and then let go once the dust settled! Capital One is a horrible company and have ruined many lives and careers for their own employees and those they've merged with.

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| 1641 views | | 4 replies (last December 26) | Reply
Post ID: @OP+1k0ynm7c8

4 replies (most recent on top)

Yeah capital one is definitely not discover in any way ! No more good employers left ! Cap one is basically just a tech company tracking they will never find the good employees again like Discover employees! Discover was really a great place to work

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Post ID: @p0d+1k0ynm7c8

Cr-p It All Run!

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Post ID: @a5x+1k0ynm7c8

Current DFS employee (well, CAPONE now). DFS does not do Pips anything like they do. In fact it's pretty hard to put someone on a PIP without going through a very human process of engagement and working with the person directly and with HR's guidance. DFS has always been humans first. There is an incredible culture shock happening right now and CAPONE feels like a dark cloud approaching. We are not on their performance regimine until next year but we can already see form the CAPONE staff that they know how this game is played. They are cut-throat, leaders inject themselves everywhere to make sure they are able to show value. Prob has worked for CAPONE for decades but not everyone thrives like that. DFS teams are calling CAPONE integration "Hunger Games". I know at least a dozen Sr people looking for jobs right now, not for fear of a PIP but because the culture is looking toxic.

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Post ID: @56z+1k0ynm7c8

Capital one is continuing with their PIPs and i read that Discover also does PIPs. If the combined total of fulltime employees is 75,000 then at least 20% of total enployees will be fired which is 15,000.

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Post ID: @ae+1k0ynm7c8

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