Capital One Layoffs

Comment! It's anonymous! Post information you know, rumors you heard, your experiences, or contribute to the discussion by answering or asking about layoffs at Capital One. The comment form is located near the bottom of the page.

Topics regarding layoffs at Capital One

Branch Closing?????

I have heard rumors that they will be closing a bunch of branches. Does anyone know when it will be announced? I had heard Dec/Jan however now no 1 is talking about it. Any update would be appreciated
by | Post ID: @QuchsJJ
129 views | no replies

Auto Finance

Conference Call with Sanjiv tomorrow @11am with all people managers.

Las Vegas, Houston and Seattle

I really hope they stop here, Plano did get hammered but it could have been much worse. Las Vegas, Houston and Seattle may be the next target, but we'll see.
by | Post ID: @Qau96yv
254 views | no replies

Are Financial Advisors next?

Small business gone, lending gone, are the financial advisors next to get the chop. November 16 all hands on call will hopefully shed some light. Is it possible they are going to sell the retail branches?

Watch out for auto...

Not just mortgage and home equity laid off. Also some retail bank call center. Auto is almost certainly next. Probably similar scale.

Bye bye jackass

Capital one was by far the worst mortgage company I have ever worked for. Ran poorly from the top. Middle management was the definition of favoritism and who was in with the crowd. Definitely not a merit based company. I”m happy to see that Sanjiv... read more
by | Post ID: @Q9weSjH
912 views | no replies

What else is left to exit?

Seriously, what else is Capital One planning to exit? Plano Mortgage and Servicing, Small Business, hearing Auto, oh, what else is on the chopping block. Happy holidays...

So, whats in your wallet? A "Pink Slip", right?

So whats in your wallet, "Pink Slip"... This layoff is confirmed... Heard Auto is not doing to well, either... My guess is Cap One will go away, its a shame had a lot of BOX buildings, even one with a slide, in Plano...

Small business exiting San francisco

The small business group has laid off everybody in the main SF office. 120 folks, and possibly more from the other teams. Business decision is the party line, which seems plausible. Concerns about C1 exiting SF altogether are being expressed in the... read more

Capital one is a sh-- hole

Capital One use to be a great place to work. The fact is they do not have any respect for their employees. They are guilty of age discrimination but cover their own asses with NDA AGREEMENTS when they dangle a package in front of your face. Don't... read more

Capital One Layoffs 2018

I never knew that executives can be so sneaky, to tell you one thing and then to hit you with something else - the mood is pretty bad here in McLean.

Capital One pulling out of Chicago

Rumors are flying that Capital One is pulling out of Chicago. The US CARD layoffs announced 2 weeks ago so far have only impacted the business side. Tech is waiting for their turn. Meanwhile the annual performance" manage them out" phase is starting... read more

Absolutely no job security

In other companies people worry about layoffs, at Capital One we worry about layoffs AND redeployment. Every year or two the company decides to shift employees around, demoting a bunch of folks and cutting a bunch more. It isn't performance based... read more

A view from Wilmington

Captial One is very competitive, very political and has the ultimate cutthroat environment. Currently, we are in a massive "redeployment" mode – you should replace the word “Redeployment” with the word “Layoff” as it’s synonymous. Not sure if it... read more

Laid off in 2013

After 28 years with the company (multiple mergers) I was laid off! The package deal was not fair as it goes by salary and not years with the company. They were fair in a lot of the package but it was horrible being laid off. It felt like a breakup... read more

Meltdown - sub-prime credit card market

Capital One is the key player in the sub-prime credit card market. I wonder if Capital One regards its employees the same way Capital One regards those who have one (or more) of its sub-prime credit cards.
by | Post ID: @IGW2K71
592 views | no replies

Job Cuts in 2016 and Severance Payment

Do you know the terms of the severance payments for the employees that were laid off in 2016. It seems that not all people were treated equally? Are there cases of discrimination?

About to be hired

Offered an IT manager position, currently employed. Reading all the stories about forced ranking and layoffs, feeling insecure. Have a family to support. Can anybody share a severance package that Cap1 offers? Is it negotiable? Please respond ASAP!

Capital One Layoffs 2016

What is the likelihood of Capital One layoffs in McLean in 2016? Please let me know if you have any information.

Start a new thread - post a news comment, question or message:

: