Has anyone ever come out of a pip successfully? What’s the longest anyone has ever been on a CP before they were put on PIP?
Illinois WARN notice - Discover Layoff
Notice date was 8/15/25. 193 employees to be let go in October 2025. 22 more to be let go in May 2026. https://www.illinoisworknet.com/DownloadPrint/Aug%202025%20Monthly%20WARN%20Report.xlsx
Discover employee layoffs occurring via pre-recorded video from Dan
You would think if you were getting a $20+ million dollar compensation package to eventually fire most of Discover, that you’d have the courage to do it in person. Classy move Dan. Doesn’t seem like the culture at Capone would be worthwhile to stay... — read more
Capital One plans hundreds more layoffs tied to Discover acquisition
The layoffs will take place in phases over the next eight months, though most of the positions will be eliminated by mid-November. https://www.bizjournals.com/washington/news/2025/09/23/capital-one-discover-layoffs-illinois.html
Any thoughts on how the $100K H1-B visa fee will change the company?
This has to really impact the company with all the H1-B folks who work here. I wonder if suddenly the PIPs slow down and the company starts to value their local workforce a little more since I would expect the cost of using H1-B went way, way up.
Exit + Layoffs
Company: Capital One Financial Date: October 17, 2025 (193 workers), and May 1, 2026 (22 workers) Laid off: 215 These layoffs are tied to a decision by Capital One to exit Discover’s home equity and refinance loan business, which had been part of... — read more
Super massive layoffs coming
Super massive layoffs are coming to card, in the form of pips after the discover merger!
Pay bonus back?
Anyone has any idea if you leave within a year of joining, will they make you pay back the bonus? What if you get piped within a year? Background, joined recently and I’m shocked. Engineering talent is mediocre, and the politics is too much. I knew... — read more
Massive layoffs in Card
Cap 1 let go of a ton of Card workers today. Can’t say I'm surprised especially with this discover merger. But I am surprised how insensitive they were about the entire thing.
2025: More Cap One UK Layoffs
Are you a UK-based employee who has been laid off? Are you in the +40 age category? Were you blind-sided by this or did you see it coming? Please share your story.
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... — read more
Capone CEO is going to be replaced by discover CEO
Capone CEO is going to be replaced by discover CEO
Why does COF have thousands of open positions but refuse to let Discover employees apply?
There used to be hundreds of job openings for internal DFS employees to review and apply for. There are now about 50, with maybe 11 remote. Sr leadership has advised DFS employees will not be considered for any open positions - WHY - are they just... — read more
CP Cancelled, no idea how to predict what’s next
I’ve been at COF for five years. I was on maternity leave from late Nov. til mid May. Found out mid-leave I got an inconsistent at EOY. Came back to a CP, but then was told I’m not going to be on a CP after all. I also wasn’t rated at mid year... — read more
Capital One accused of stealing commissions
https://finance.yahoo.com/news/capital-one-must-face-social-161021714.html Why am I not surprised 😯
Discover Tech Leadership?
An ex-DFS employee here! Curious where the Discover Tech Leadership landed in the CapitalOne. Did Jason and his LT find a place yet?
I dare Capone to layoff a single discover employee
I dare Capone to layoff a single discover employee
This is a historic day, as Discover joins Capital One.
https://www.capitalonediscover.com/
Capital One bank of cheating depositors with its flagship "high interest" savings accounts out of millions of dollars in interest
https://finance.yahoo.com/news/york-sues-capital-one-cheating-165814177.html NEW YORK (Reuters) -Capital One (COF) was sued on Wednesday by New York Attorney General Letitia James, who accused the bank of cheating depositors with its flagship... — read more
Key approvals for merger - will this lead to massive layoffs?
https://finance.yahoo.com/news/capital-one-discover-merger-gets-key-approvals-paving-way-for-a-new-biggest-us-credit-card-company-161905897.html
Plagiarism is real
Found out a coworker and manager copied and presented another associates work while the person was out on maternity leave as their own which led to a huge spot award bonus being provided to them and nothing for the associate that actually did the... — read more
Stock is dropping, are layoffs coming?
The stock is taking a hit, any layoff news?
Remote
I see a lot of WFH remote analyst positions…what is the environment like? Is it worth it?
MERGER OFFICIALLY DEAD. CRIMINAL CHAGES TO COME.
https://www.pymnts.com/acquisitions/2025/report-justice-department-finds-capital-one-acquisition-of-discover-would-harm-competition/ PYMNTS Logo Report: Justice Department Finds Capital One Acquisition of Discover Would Harm Competition By... — read more
merger Dead even trump is suing capone
https://finance.yahoo.com/news/the-new-trump-era-just-got-more-complicated-for-capital-one-080011072.html Get personalized news & alerts On the free Yahoo Finance App Open Yahoo Finance Yahoo Finance Sign in Search query Search for news or... — read more
Failing CP
Are there any key considerations or watch-outs in this situation? Ideally, I would like to fail CP and receive a two-month grace period (PIP), followed by three months of severance. This would give me time to work on my own company while job... — read more
I dare cap one to lay off a single discover employee Cap one is useless
I dare cap one to lay off a single discover employee Cap one is useless
Hybrid to Remote
Hi all, I joined the company three months ago, but I am going through a severe mental health crisis. I want to push past it, but my anxiety has gotten so bad that medication or any treatment is not working. I want to take a break from work because of... — read more
PIPs out in full force
When will it ever end? A lot of people got caught up in this one! To those of you that worked hard, but were still unfortunately impacted, take care and you'll find something soon!
Merger Dead on Arrival
The proposed Capital One-Discover merger has significantly less than a 5% chance of approval. The sheer volume and severity of accumulated legal, regulatory, ethical, and operational issues at both institutions make it highly improbable that... — read more
MERGER IS DEAD !!!
The Capital One-Discover merger has significantly less than a 5% chance of being approved. My reasoning aligns with the extensive list of issues listed, and here's a more structured explanation of why I share this low confidence: The Weight of... — read more
Any pip candidates this end of year ?
Is Capital one done being a pip factory ? Any pips going ?
End Game.
https://www.consumerfinance.gov/about-us/newsroom/cfpb-sues-capital-one-for-cheating-consumers-out-of-more-than-2-billion-in-interest-payments-on-savings-accounts/ Skip to main content An official website of the United States government Consumer... — read more
Discover has sc--wed capital one. Message from capital one just after merger began
Starting Jan. 15, 2025, Capital One began experiencing a disruption impacting the processing of some deposits, payments and transfers, which is due to a technical issue with one of our service providers. Specifically, this has delayed processing of... — read more
Capital One cheated customers out of $2 billion in interest
https://www.cbsnews.com/news/capital-one-cfpb-lawsuit-savings-account-rates/ Capital One was sued by the Consumer Financial Protection Bureau for allegedly misleading consumers about its offerings for high-interest savings accounts. As a result... — read more
Discover is the best got it?
Discover is the best got it? We have Coolidge too.. Discover will take over capital one . Remote work is new futureZzz
Cheap Necklace: Coaching Plans, PIPs, and Firings
I had completed an extremely challenging technology project at the enterprise level that revolutionized the company’s software deployment—a groundbreaking achievement. I led the entire project from inception to completion. One day, I returned home... — read more
Is it still a good time to apply at C1?
Looks like they are still looking for folks or is it it a sham given the disco / C1 fiasco?