Topics regarding layoffs at Capital One

Topics regarding layoffs at Capital One

Sack of potatoes vs leaders

Hypothetical questions: If we replace this company's leaders with equivalent sacks of potatoes will it make any difference? Follow up question: Can't we save a ton of money by .... ?

Employment verification

Does Capital One verify employment dates or do they give eligibility for rehire verification as well?

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Post ID: @OP+19OgJuve

Closings

Branches closings and layoffs to follow

Toxic ?

What's the culture like in C1 ? I heard its really toxic. Leadership is really clueless and most of the time is spend in meetings and sniping at each others heels? Is there any truth to these rumors?

Capital One Layoffs 2021

Post any information about potential or actual Capital One Layoffs 2021? Any news or rumors?

Move

As to the question about card leaving SF, this was because card only had a couple dozen people in SF. It is a huge pain in the a– dealing with incremental locations and we just weren't getting the necessary value out of SF given the cost of an extra... — read more 

Capital One almost went insolvent in a week

I guess betting on oil futures during a global pandemic wasn't such a smart idea. Don't worry. Rich will still get paid. https://www.zerohedge.com/markets/cftc-quietly-bails-out-capital-one

Capital One Layoffs 2020

Make a prediction and tell us what you think about Capital One Layoffs 2020? Any news or rumors?

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Post ID: @OP+125UTTCi

Risk management reductions

The expected Q4 layoffs begun. First round was notified individuals in risk management across the company. The one area they need more of, they cut.

Recruiter Layoff - What a Joke

Just let go of all contractor resources that they curned and burned for 6-7 months selling a contract to hire dream. Didn't budget right at the beginning of the year and so people lost their jobs over this mess.

Layoffs in McLean, VA started yesterday

The first wave of layoffs have occurred in MCL and Richmond VA. Top heavy management wants to be sneaky in delivering the news to select people but the word is out around the office now. So it looks like we're paying for the idiocracy of their screw... — read more 

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Post ID: @OP+10EGyDD4

layoffs and hacking

The recent hacking of 106 million accounts costing the company $160 million will lead to more layoffs.

Plano campus layoffs?

Rumor mill going around again about big changes coming to plano campus...anyone know which area is having layoffs ?

160 being laid off in Seattle

https://www.geekwire.com/2019/capital-one-leaving-seattle-impacting-160-engineering-product-jobs-closes-tech-hub/

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Post ID: @OP+Zc7Gqn4

More Capital One layoffs

I know this leaked over a week ago, but since nobody here is talking about, I thought I'll just remind everybody that Capital One layoffs are ongoing and that the latest hit is Lincoln. From what I've heard, about a third of people there has been... — read more 

Q3 results- how bad can it get?

I generally don’t like reading these predictions from analysts, but this article caught my eye. In light of the announcement of Q3 earnings and financial results ( October 18th, in case somebody didn’t know), the author of the article claims that... — read more 

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Post ID: @OP+Vr1DwdP

Midlothian and Houston Layoffs...

NOTICE_DATE JOB_SITE_NAME COUNTY_NAME WDA_NAME TOTAL_LAYOFF_NUMBER LayOff_Date WFDD_RECEIVED_DATE CITY_NAME 18-Apr-18 Capital One Bank - Plano Harris Heart of Texas WDA 8 21-Jun-18 20-Apr-18 Houston 16-Apr-18 Capital One Bank - Plano Harris Gulf... — read more 

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Post ID: @OP+UTm0rGa

Plano October Layoffs

News says another 246 employees to be laid off in Plano by October 1st... wow what a surprise(not). Any word of which branches will be closing?

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Post ID: @OP+Uv3XFVN

Capital One layoffs August-October 2018

Plano folks can't seem to catch a break. Nearly 300 people are slated for layoffs in Plano as a continuation of Capital One's exiting mortgage and home equity business. I'm not sure if the people who are being laid off have been notified yet... — read more 

Plano Layoffs

I heard there will be more layoffs at the Plano campus around the end of the year / beginning and they are going to rent out some of the buildings. Anyone have any additional details?

Layoffs

Has anyone heard any layoffs coming to Las Vegas?

Plano

Just last week, the home loan division of New York-based Genpact said it is laying off 124 mortgage service employees in its Richardson office. Late last year, Capital One pulled the plug on almost 950 jobs at its Plano operation as the company... — read more 

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Post ID: @OP+TFOxs1I

Second wave of layoffs

Has anybody heard about a second wave of people being layed off. Keep hearing it will happen before year ends.

What happened?

What happened on the all retail call this morning? What announcements were made?

More. Trimming.

More layoffs are occurring and projected, more Branch closings to,continue. Future acquisition of/by\

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