And dfs employees are being thrown under the bus and calibrating to below strong.
This is to fill up the pip quota in order to save Cof employees.
Managers in dfs are new to this process so they can’t adequately defend their employees.
Anyone else having a different experience?
@21x Capone had 50,000 full time employees and discover had about 25,000 full time emoloyees. That makes it 75k total of full time employees. And capone has had at least 25,000 to 30,000 contactors LOL. Those contractors will just lose their contracts.
75000 full time employees? Last time i heard, it was around 21000.
Wow that is so messed up. Legacy discover employees are thrown to the wolves.
This week, my manager followed up will all team members saying that Solid on Discover corresponds to 'Not Strong' on the Capital One side. This is after we submitted all the review stuff and the calibration stuff started.
Exactly. Yes. That's when the performance meetings will be held after July 4th and PIPs be doled out.
@1at Looking at the pattern so far, should be early next month. May be right after the 4th of July! :(
@x8 : thanks for the info . Would you know when is the next layoff planned for DFS employees ?
Discover employees beware the company has 75,000 full time employees combined. A 15% layoff is 12,250 people and a 20% layoff is 15,000 people. Capone is truly desperate and will do anything to cut costs.
@a7 Sensible replies are downvoted go figure.
Yup the integration is now over a full year. All legacy Discover staff hsve been migrated to Capone's Worday instance. The stack rankings are to cut 15% of all employees. There are a combined 75,000 full time employees. Therefore, 11, 250 people are to be placed on PIPs to be fired.
Can confirm that DFS legacy employees are getting the low end of the ratings. COF is looking at their own results to drive calibration which is automatically throwing legacy people to the bottom.
Dfs is under core which were asked to submit their result and feedback to their managers 1 week early before deadline. They have been cross calibrating last week
That sort of thing wouldn’t surprise me if true but what insight do you have? Calibration discussions only just started this Monday and are scheduled to basically go a month. Seems a little premature to get that sort of sense on how it’s being handled.