was in the office today and was told by someone in small business banking that there were mass layoffs. i left office and checked here and it's all true. do not go into office this week if possible. if you get laid off you want them to do it... — read more 

Does anyone know the full extent of the layoffs this week or if any additional departments will be impacted such as originations in Auto Navigator or Refinance? There were some big ones a few months ago... not very good!

I’ve been around for a while and seen multiple different layoff and reorg type situations firsthand, but never one that has been so closely guarded and vague. How many folks? What teams? What is the business impact here? Several meetings throughout... — read more 

Lay off. Called into a meeting and let go so our jobs could be sent offshore. It was billed as an important meeting to discuss confidential business information. No clue I was losing my job. We support customer facing associates and they were left... — read more 

Multiple cuts today in the Small Business Org (originations, project management, L&D, and more). The entire project and process team was eliminated. The entire L&D team was eliminated and more than half of the originations team. This is just the... — read more 

Has Capital One always been this toxic and cutthroat? Everyone I spoke to told me about what an incredible experience it has been for them, but I’ve joined recently and experienced the most hostility, backstabbing, and overarching toxic culture I... — read more 

It's going to get very ugly here soon, hope for the best, expect the worst!

I deleted the invite for Rich's strategy session. But my team in slack talked about how Rich was emotional and crying AGAIN like past sessions. This cult leader was telling his devotees that Capone is a humane company delivering a mission based... — read more 

I think we can consolidate all of Capital One's technical projects into one project - One AWS. That we we won't have teams running around building OneService1, OneService2, ... OneServiceN. This will be very efficient too - just ask AWS to create an... — read more 

It's become very depressing here. For those who are not brown nosers, times are more difficult than ever. I used to really love my job and give my best, but instead of being rewarded for it, I was squeezed. There are more and more people who... — read more 

I am curious what is Rich is going to talk about in his strategy session, it is so much waste of time, holding more than 20,000 employees hostage for 20 hours, waste of 400,000 person hours, if on an average cost is $100 per person hour, $40,000,000 ... — read more 

https://www.thelayoff.com/t/1mEWrVV1 TheLayoff.com Last Performance Review Do you trust that your manager’s manager or other people in your management team didn’t make your manager lower your last year-end rating to fill the quota? Who has... — read more 

With all the layoffs and back to office cr-p it has created so much low morale that associates are doing quiet quitting working enough to keep their jobs, there are no new ideas being discussed, it has become a really bad place to work.

After laying off Agile Deliver Leads now C1 is silently laying off Project Managers and having Product Owners take over that role, this is crazy, the Capital One soon going to go down. If you are a Project Manager in C1 please be cautioned you may... — read more 

They set a poor example for everyone else. What's wrong with long commutes and having a wrench thrown into work life balance? Having to zoom, slack, and using Google docs, sheets, and slides to collaborate with those in different time zones is... — read more 

Morale is so low that they did not have the courage to share the results of the all associate survey, employees are seeing one bad news after another, layoffs, profitability declining, share price crashing and now hybrid bad news from all side, only... — read more 

Top Companies 2023: The 50 best workplaces to grow your career in the U.S. https://www.linkedin.com/pulse/top-companies-2023-50-best-workplaces-grow-your-career-us Love it!!!!!

I know they said severance can take up to 60 days for the lump sum. Anyone know what is a more realistic time frame?

It has been nearly three months the teams have been operating without ADLs, just want to understand how the journey has been, has the morale and productivity improved, are teams delivering more work and the teams feel empowered and happy. Do the... — read more 

In a meeting about return to office for 3 days. A VP living in Virginia complained he moved further away from an office during the pandemic. She was saying the commute fixing to be difficult. As long as everybody goes unto the office it should be no... — read more 

Last week C1 posted a job opening for Associate ADL, is this a joke first C1 eliminates the agile job family lays off all the ADLs and in two months start posting jobs again, have they gone crazy what happened to TPMs

In my LinkedIn feed saw a person who just got hired as Senior Manager TPM, he is an internal hire, and what surprised me was he is more of a delivery person with lots of agile certification, I felt sad that many ADLs could have transitioned to this... — read more 

I would have nothing against coming to the office if the reason for it was justified. Do our bosses even care about how it affects our productivity? Since returning to the office many of my colleagues are doing the bare minimum only and if I were... — read more 

Beware of Cap1's Performance management system. The company states that they want to be a great place to work, but then they have an outdated performance management system that is highly subjective and where your rating is based on your relationship... — read more 

Some people have a 2 to 3 hour commute into the office each way even using public transportation. These groups primarily work with virginia people. They're definitely trying to get people to quit by forcing them into 5 hour round trip commutes to... — read more 

I'm trying to remember the last time some good news came out of here. Unfortunately, this is becoming a less and less tolerable workplace for employees. The problems just keep piling up. What do those at the top think they will achieve by... — read more 

Woke much? Not a single mention of Easter by senior management, no half day, nothing!

Why can't the government shut down capone and get it over with? Better than a death by a thousand cuts.

Walmart sues to end partnership contract. Capital one decided to end overdraft costing the company 200 millions, banks are struggling with high interest rates, now Walmart is ending their partnership with Capital One. Capital One seems to be in... — read more 

Capital One had problems long before we started having these layoffs. The biggest one is probably the lack of opportunities for career advancement within the company. Unless you're near the very top, there's a noticeable absence of inward mobility... — read more 

I think the frustrating thing is that Cap One has publicly and internally said they will “help redeployed folks find roles internally” and have even said there are enough internal open roles for folks who want to stay. That messaging combined with... — read more 

I see lot of job postings for TPMs Director and above, please do not hire these people to layoff others, it is better that you give these positions to internal resources. There are lot of technical Leads not utilized fully, better to give these roles... — read more 

They layoff employees regularly but still do not have process sorted out, do not know if I have to ship only the laptop or the peripherals as well, how to access workday, how to return the phone etc. They have hired jokers as people manager who know... — read more 

Maybe those who have been here longer have seen worse times than these? I definitely don't remember morale ever being as low as it is now.

Capital One is silently laying off people, they are doing smaller number like couple of teams every day so that they do not have to make announcements, couple of Cyber teams got laid off couple of days back. This is pathetic so petty, do it once for... — read more 

Today was the last day of ADLs in Cap1, attended couple of farewell meetings, teams are really struggling, they are still trying to make sense of the decision. I feel this decision brought the morale down as ADLs were the only people working for the... — read more 

C1 lacks stability, there is so much Organizational change that happens, it is difficult for employees to keep track. So much organizational change is not good for the motivation of the employees, they just do something to keep themselves busy and... — read more 

Beginning May 2, associates it is expected associates go into office 2 to 3 times a week to be in hybrid mode. Basically tuesday, wednesday, thursday are the days asked to be at work. They're saying its pointless for those to go into the office when... — read more 

https://seekingalpha.com/article/4589433-watch-out-below-capital-one Summary Capital One's Credit Default Swaps are surging in price, indicating a significant decrease in investor confidence. Capital One has more available for sale securities than... — read more 

In one week’s time the laid off ADLs will be terminated, applied to nearly 20 plus positions internally but was rejected, tried to set up meetings with the internal hiring manager and the recruiters nobody responded, never thought that the company... — read more