Capone isa criminal enterprise that can't be made larger. https://thehill.com/business/4489345-democrats-urge-biden-administration-to-block-capital-one-discover-merger/amp/ Several Democrats urged the Biden administration Sunday to block a... — read more
"10 Companies Who Laid Off All or Part of its DEI Team" LINK // Caged Bird HR: https://www.instagram.com/p/C3vHh2pL_zh/?utm_source=ig_web_copy_link&igsh=MzRlODBiNWFlZA== My thoughts: (1) I don't understand how C1 keeps ranking in top diverse... — read more
Don’t ever quit. Remember these losers don’t don’t about this site, so they might not realize we know not to quit. You can’t get unemployment if you do. Let them give you a cp or pip. Let them fire you. These cowards refuse to lay us off to... — read more
what happens if you challenge a pip? does it extend the 60 days while investigation is ongoing ?
https://www.glassdoor.com/Reviews/Employee-Review-Discover-RVW6746330.htm 0 May 30, 2015 Worked like a dog Anonymous Employee Former Employee, more than 10 years Chicago, IL Recommend CEO Approval Business Outlook Pros Annual Bonus used to be... — read more
Does anyone know what software/solution Capone uses to track our activities on our machines? Came over from JPM and they used an internal system (WADU) - any dips in productivity or idle time (cause you know, I gotta eat and use the bathroom) were... — read more
If the acquisition of Discover goes through, this place will be unbearable. It already is a stressful place to work at. Can you imagine the chaos, waves of layoffs, extra pressure, more workload, new levels of the terrible treatment of employees for... — read more
What a nightmare more chaos. Both companies treat their employees like $h^t. https://www.cnbc.com/amp/2024/02/19/capital-one-acquiring-discover-financial-services-report-says.html Capital One Financial is set to acquire Discover Financial... — read more
can you get unemployment if you get piped out ?
Is there an inconsistent rating for year end or just below strong? I’ve been out of the office and haven’t had my official year end review yet. Does an inconsistent or below strong get a bonus? Doesn’t an inconsistent or below get PIPed with... — read more
Texan C1 peeps: putting in a two weeks notice to have last day as March 8 during a coaching plan… too risky? Potential to just get fired? Does full PTO get paid out? Do you get to keep health insurance through the remainder of the month (March)? I... — read more
Is it like normal where you would submit your two weeks? Or could they just fire you on the spot?
This is the National Labor Relations Board announcement for federal enforcement in stopping companies from offering severance benefits, in exchange for employees to waive their labor rights and their freedom of speech to talk negatively of the... — read more
In the rotational program for HR and it is he-l over here. I thought that this would be a wonderful I could grow into, but coming this June I will be leaving once my first rotation ends. The company does not care about fostering young talent... — read more
I’m on day 1 of my coaching plan and my PL is already micromanaging me and criticizing every single thing that I do and I can’t take this anymore. I genuinely feel like I’m going to explode from the stress. I know they’re trying to get me to quit... — read more
What’s the difference between the two? Is there anyway to get a payout if given a coaching plan? I have no desire to stay or work for this micromanager and you can probably imagine how painful a coaching plan would be with an annoying micromanager... — read more
I am in the finance rotational program (1st rotation) and honestly I am going to leave when my first rotation ends. This company is a total shitshow and the way they treat their employees is messed up. Total opposite of what I expected. I know... — read more
A group of managers were huddled in a meeting to discuss employee feedback and it was a sign of a showdown with the company. Employees described a lack of trust in leadership and poor morale due to random and unjustified firings due to stack... — read more
are any technology groups started announcing salary rise and bonus for 2024?
A little encouragement for those thinking of voluntarily leaving, before getting bad news. I left a year ago and it was the best decision I made. For anyone considering it, you can do it! Jump in feet first and go somewhere else. True, it takes... — read more
Hey there, we just laid off a good chunk of people in your department, here’s an insulting $25 gift card. LOL. Keep it and shove it up your @ss or put a couple 0’s behind it. Wanting praise like you’re doing anything. Comical and delusional, but... — read more
I was told that we might be having layoffs more towards February by someone close to the process. Crazy right? I swear mgmt literally is going to cull all innovative thinkers from this place bc who wants to stay in this chaos . Can't wait to leave
I’ve heard conflicting info about whether or not you can file for unemployment if you are laid off. Anyone know the real story? Can you only get it if it’s job elimination or if it’s “performance” related too and you’re on a CP or PIP? Also, is the... — read more
"great companies create environments that reduce unnecessary stress of their employees" I think we know that means Capital One is so far from great. I have never seen or heard such stressed, uncomfortable employees. One giant t@rd.
It’s the new year and time for leaders to give year-end feedback to their people. When does that take place exactly? Is it mid or late January? I wonder how many people will get put on coaching plans, PIPs or redeployed like at mid year. I was put on... — read more
This is a master thread about Capital One layoffs? Any chatter, news or rumors?
does anyone knows if Capital One includes associates unvested stocks as part of their severance package after pip or layoff? I’m hearing conflicting stories about this.
I am experiencing severe burnout and mental exhaustion from working here. Thankfully, these next two weeks are quiet, but I’m debating taking FMLA/STD in January or February. I am having a mental breakdown and this job is causing me to move away from... — read more
For those who opted out, and didn’t find a job within the 60 days. How are you explaining the “why are you looking to leave or why did you leave your last job” question in interviews? Are you calling it a layoff? I’m outside of the 60 days so I’m... — read more
I found out today 3 people who were basically strangers had been put on coaching plans and PIPs. We shared information in an office and thats how i found out. I was also targeted and fought and screamed like a mad dog. We work for different... — read more
The Reality (& encouragement for those being asked to leave the company or who are fearful of what is to come). If you are experiencing what feels like a bizarre layoff or an unjustifiable “below strong” / PIP, please recognize that this is actually... — read more
I'm no longer as worried about layoffs as I once was. Part of me is now low-key excited about the prospect of being let go. While I like my work, CapOne has done everything in its power to make it unnecessarily harder and less appealing. What does it... — read more
Really scared of what kind of message I’d get in January and what that might mean…prepping my resume and preparing for interviews but can’t shed this deep sense of dread that’s eating away at me everyday…
https://www.gsb.stanford.edu/insights/richard-fairbank-nobody-wants-work-phony The fake crying went way back. * Richard Fairbank: "Nobody Wants to Work for a Phony" The Capital One Financial Corp. founder says it's not what's in... — read more
Same story — after all VS / Exceptional Ratings and promotions, I was given the heads up from my manager that I was going to receive a BS / PIP at MY. I immediately produced comprehensive documentation (compiled dated and timestamped events... — read more
I love thelayoff.com it has all the juicy insider tidbits I can't find anyplace else. This company should do an IPO.
Hi fourth quarter layoffs!!!!! After being with COAF for 12 years I got laid off a week after my anniversary. We were busy, OT was being offered, they were even training new hires… Little did we know those five back to back training classes were... — read more
Going to be another painful year with performance review being harsher than mid-year. Anyone below strong will automatically be placed either on a coaching or PIP plan.
When the Agile Delivery Leads which had over a 1,000 people get fired in January of 2023. The product managers and engineering leads were supposed to take over. NOW THEY ARE ASKING EXECUTIVE ASSISTANTS TO MONITOR JIRA BOARDS TO MAKE SURE THEY'RE UP... — read more
Heard murmurings about layoffs in commercial this week. Any info on number/job families affected?