Been here for 5 years in Data Analysis and things don't look too good. Any bets on which Job Family is going to get nuked next?

I don't like what's happening here at all. Cutting institutional knowledge and keeping the greatest mediocrity is completely irrational. I hope that the leadership is not too confident that the best people will be easy to replace or that their jobs... —  read more 

Their forced ranking system has been the subject of class action lawsuit since at least 2003. C One stated they would stop doing forced ranking in 2003 but never did and it's 2023. See article... —  read more 

CAP1 has been hiring incompetent people in their top positions, they prefer people who look good and talk well and not talent. Card tech will be headed by a joker from Macy, if you look further in his resume he was also in Staples so after bringing... —  read more 

I feel a humane way of downsizing would have been, to eliminate the Agile job family as that is what they wanted but giving an option to employees impacted to move either to Product Owner, Technical Project Manager(TPM), or just Project Manager... —  read more 

I don't have much optimism that there won't be another round, but that's just my opinion.

They fail to understand that the problem is not agile but bad requirements, the Product Owners are new, do not understand the business have no long term view and would not write user stories. All the Product work is being done by engineers. Also... —  read more 

My boss that I trained and in which I took the entire initiative for several major projects in 2022, that I completed without any assistance from him or anyone else, and done correctly, got promoted and not me. He took credit for my work and... —  read more 

I think that C1 does not really embrace the internal movement of the workforce. In fact, it seems that most people think that redeployment is just a farce and nothing more?

From my experience the ADLs didn't own the business or technology so didn't add much value. They also used to track metrics that didn't translate to any business meaning.

This was just the opening salvo. Look around you. Both industries we fit in are in crisis. This will not end anytime soon and by the time it does, many more of us will be jobless. My advice is to start looking for a new job right now, even if you're... —  read more 

Replacing agile project and program mgrs by product and engineering teams... many problems could arise from this, right?

Nothing new at C1. I survived this round. More coming? Always in a few months and during next performance round.

I was a member of the C1 family for over 18 years. The last 2 years were a nightmare. Our department grew from 85 to over 500. They brought in these "JOKE" leaders who instead of focusing on solving fun challenges and problems had us attend DEI... —  read more 

I understand that losing your job is very stressful, especially when the economy is bad. However, it is possible to find a better job, I speak from experience. I recently left and I'm sorry I didn't go sooner. Losing your job doesn't mean you weren't... —  read more 

From what I can understand - and I've asked around quite a bit - no engineers were part of the 1,100 laid of employees. Does this mean we're safe? I'm worried that since none were impacted in this round it's not that we're safe but that our turn is... —  read more 

I was quite surprised by these layoffs.

I am very sorry for everyone who was impacted and I wish you all the best of luck with your new job search. These are very difficult times in general. I am an outsider, but I had a friend who once worked here. I'm interested in what's the severance... —  read more 

Atleast 1,100 full time associate have been laid of by CapitalOne. With no clear reason as to the cause of the layoffs.

Today Capital One eliminated every agile role within technology, and thousands of people have been impacted.

Looks like 10-15% of the company just got axes, all ADL and agile adjacent roles are gone as of February 1st.

I'd like to add it to a layoffs trackers list

I am sorry to hear that ADL people got laid off (if it's true) but I would most like to be laid off too. I never thought that one day I would want to be cut, but now I do because it has become unbearably stressful and hard to work here. I'm sure... —  read more 

I heard that all Agile Delivery Leads are laid off, could be around 1100 total. Can anyone else confirm?

How do you do?

Happy New Year! NOT looking forward to starting work in 2023...wondering if I'll suddenly be in the "new" bottom 15% after this next wave.

A very interesting take on the state of Capital One Gold Seek: Capital One: Danger, Will Robinson, Danger!. https://goldseek.com/article/capital-one-danger-will-robinson-danger

Today in Culture Cloud the application that allows employees to send SNAP awards to others for good work done. I saw someone send an award to my boss for all the hard work I've done when he didn't do any of the work. That person didn't bother to... —  read more 

Most of Capital One contractors have been laid off this past week. Some of them posted about it on social media and some kept quiet. They were laid off despite the fact it’s a dead season on the job market before the holidays. Contractors at Capital... —  read more 

This is a generic discussion thread to capture comments about potential Capital One layoffs? Any chatter, news or rumors?

That would save money on severance pay and I still think that is the main focus now: to create enormous pressure and make as many people as possible leave voluntarily. Many will certainly do it, but there are many of us who would not want to miss... —  read more 

Are more layoffs coming? It's hard to feel comfortable in my role and keep my mind on work because I keep thinking that more layoffs are inevitable. How much slower can it get? And then in February I'm sure we'll hear all about our record profits... —  read more 

I just started on the banking side, wondering if I will be layed off

Even if I survive these cuts, my priority will be to get out of here. The lack of job security is the primary source of stress for me and working hard to increase your chances of survival is almost meaningless when it comes to cuts here.

I think I looked more shell shocked than some people who were affected. The reason is that these people who were cut were some of the best employees. Is it possible that this company no longer needs talented and capable people? All in all, very... —  read more 

I heard that this is just the beginning and only the first round.

Yesterday 11/9 they called us into a zoom meeting and let us know we were cut. Most of our team was decimated. Recently the apps were slowing down,so perhaps looking back the writing was on the wall. From my experience capOne was full of suck ups who... —  read more 

Today they laid off 5 managers and 4 managers from yesterday. Two associates from another department. Multiple specialty and core funders. They released people based off PIP, below strong and favoritism.

I hope it stops here but the recession is upon us.