How common was the below strong rating in the mid year performance review cycle? Someone quoted 20%..

My Sunday is ruined because of what's coming this week and rest of August. A lot of you knows that mid year reviews were pushed into August, so management can decide who they plan to fire. I will always ask any company I interview with about their... — read more 

Manager, supervisor, and I were all surprised about this recent termination. It was done through a big meeting but not sure how many were affected. Manager found out during an overlapping meeting happening at the same time. I'm glad I don't have to... — read more 

Expect more cuts tomorrow.

Good luck everyone... It'll be rough and some good people will leave. I've seen the best of the best cut over the last few years, it'll be repeated. The market is good and it's OK to move on. Remember this has nothing to do with you and they are... — read more 

I'd trade being PIPed for a layoff with severance without thinking.

promotions and stack rank firings happening at the same time what a nightmare

When the management continues to solve issues exclusively through layoffs it becomes clear how incompetent and desperate they are. True leadership would find sustainable ways of improving results instead of continuing to cut costs that shouldn't be... — read more 

Individuals in tech are being laid off. Not just low level but senior director levels too. No one is safe.

Curious with the increase in below strong rankings if anyone has heard their feedback yet and felt like they were trying to be PIP’d?

Last year auto was on hiring freeze at this time and layoffs came in November. This year hiring freeze and no backfill and clearly underperforming in multiple area's. Do layoffs typically come in Q4 or is it random?

Our company has so many layers of executives who do nothing! Layoff at least two to three layers and leave the front line managers in their roles. Why do we need so many MVP, SVP’s, senior Directors, directions, etc. what the he-l do these people... — read more 

On linkedin a product owner got laid off or stacked ranked from Capone and reaching to his network for job assistance. God bless him. After the ADL job family was removed it was assumed product owners would fill their void. But they haven't been. And... — read more 

Any chance these deep cuts are getting ready to sell the company? Just wondering if it is finally the time to be swallowed up and the company is slashing and burning to make the books right for the sale. M&A is picking up.

Why would we? I wasn't affected but I've already spruced up my resume and I'm planning to leave as soon as I can. I don't want to stay at a place that disrespects its employees in this way. Having layoffs and keeping everybody in the dark about it is... — read more 

Hi all - I'm sorry to hear that many of you have been affected by layoffs at Capital One. From browsing here, it sounds like a potentially significant number of people have been impacted by cuts. I'm an RTD reporter looking to talk to employees or... — read more 

Based on speaking with internal teams directly in person about major layoffs and looking at this website. Why isn't this in the news? There are no WARN (Worker Adjustment and Retraining Notification) notices because that is for employees who are... — read more 

The guest list has been hidden stating number of guest too large. Entitled People Leader Forum. No other information given and my Team Lead has no info. Should this be concerning considering how the latest round of layoffs were handled? Or maybe... — read more 

You know the calibration system is dysfunctional, but you stay around as long as it isn't you getting shoved out You blame whites / browns depending on whether you are brown/ white. There are equal proportions of eedeeots of both kinds. Some of... — read more 

I know mid-years are approaching fast and saw talk of potentially more layoff’s to come after Juneteenth. Will this affect any TSC front line/customer facing workers? Management told us not to worry but some of these layoffs hit close, a few members... — read more 

There's no reason to let your health suffer because of everything that's going on here. Although I hope it won't be like that, chances are that it will become more and more chaotic here so update your resume. Maybe they like it when employees are... — read more 

Layoffs happen because those on top can't manage a budget. It's 100% their fault. So why is it that we get punished instead of them?

Can somebody please tell me what the he-l's going on since we're certainly not getting any news from the management?

Been at capone for 4 years now. Everything under Rob A. the CIO is a disaster this SofaB should have been fired years ago he is an incompetent country bumpkin. I had trained my older white male boss who was hired by nepotism. Apparently his friend... — read more 

Where’s the Fox business news on this? Why the secrecy? This is going to blow up in the face of Capital One overall. It’s not going to get swept under the rug. What are these people thinking? LOL. Someone go down to your local news station and... — read more 

It's time to look for a new job because this place is a mess… It's hard not to take some things personally, but always having an excellent performance and then being put on PIP shouldn't be seen as a personal failure, but as a downward spiral... — read more 

The situation in our group is an absolute nightmare of epic proportions. We are already slowed down, trying to work through complete chaos and then they hit us with more cuts. We found ourselves with more people gone at a time when we are begging to... — read more 

https://news.bloomberglaw.com/daily-labor-report/white-ex-capital-one-employee-settles-discrimination-suit Capital One NA and a White ex-employee have agreed to settle a suit over racial discrimination and harassment claims. Sherry Papa had... — read more 

Shannon Liss-Riordan is one of the famous employment attorneys focusing on class actions. Likely a majority of people terminated were female, older, minorities, disabilities, and other protected groups. Feel free to contact her the firm represents... — read more 

Capital One would love for all these layoffs to be swept under the rug and kept quiet. Do some digging and find who’s written about Capital One layoffs in the past and reach out to them. Business journalists would love to publish articles that show... — read more 

Anyone have a list/idea of departments already affected?

The lack of transparency once again indicates how much we are neither respected nor valued here. Fake PIPs and layoffs which they try to keep behind smoke and mirrors raise nerves and certainly reduce productivity. They don't seem to be aware of... — read more 

For an individual. Need to be sure that they do not represent nor have have no conflict of interests with Capital One, subsidiaries, etcetera. Virginia-based.

This is just the beginning. There are going to be so many more firings and layoffs as all the groups get to the staffing levels set for next years budget. This is what everybody should take into consideration. There will be no "safe" here for... — read more 

Dear colleagues, I write this post with a heavy heart and a sense of disappointment. Having dedicated over a decade of my life to our organization, C1, I am deeply disheartened by the recent policy changes that seem aimed at coercing employees into... — read more