Topics regarding layoffs at Capital One

Topics regarding layoffs at Capital One

MERGER IS DEAD !!!

The Capital One-Discover merger has significantly less than a 5% chance of being approved. My reasoning aligns with the extensive list of issues listed, and here's a more structured explanation of why I share this low confidence: The Weight of... — read more 

End Game.

https://www.consumerfinance.gov/about-us/newsroom/cfpb-sues-capital-one-for-cheating-consumers-out-of-more-than-2-billion-in-interest-payments-on-savings-accounts/ Skip to main content An official website of the United States government Consumer... — read more 

Discover is the best got it?

Discover is the best got it? We have Coolidge too.. Discover will take over capital one . Remote work is new futureZzz

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Post ID: @OP+1jh85dy3x

Cheap Necklace: Coaching Plans, PIPs, and Firings

I had completed an extremely challenging technology project at the enterprise level that revolutionized the company’s software deployment—a groundbreaking achievement. I led the entire project from inception to completion. One day, I returned home... — read more 

Capital One is the Best!!!

There is no better company on Earth to be employed by, it’s all opportunity and performance based promotions. I love this company!

Last day

Yesterday was my last day at Discover, and it’s hard to put into words how happy it feels to not be associated with discover. Reflecting on my bad time here, I’m deeply ungrateful for the challenges, growth, and connections that have not shaped me... — read more 

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hybrid now mandatory 3 days in office

Email sent out that hybrid expectations is a full 3 days in an office. Prior it was 2 to 3 days or half a week in an office. The merger with DFS has fallen apart and won't happen and now they're using a new metric to fire staff.

Commercial Bank Re-Org

Heard there was a large Commercial Reorg. Lot's going offshore. Seems like all areas of Commercial were impacted.

doing performance calibrations meetings in public

In the office i hear someone on a zoom call talking to someone else about performance calibrations for an employee. And heaing this person say bad things about the employee to stack ranking this employee. Very unprofessional to do this in an open... — read more 

DFS acquisition off?

Hearing DFS/Discover acquisition is off? How can this be possible? Will be a shame for C1.

C1 & DFS Merger

I read all these C1 comments on this page and it really makes me concerned about DFS employees future. DFS is about 5 times smaller than C1. DFS doesn't try to be the market leader but instead focuses on steady profit, excellent customer service... — read more 

disgusting

So a VP held a meeting to talk about year end reviews and said in front of hundreds of people that capone "pays for performance". It was said to desensitize employees and make them feel it's normal and if you're performing then it must be you. HR... — read more 

What Happened to the CRO?

Anyone know why Trip Hall, the Chief Risk Officer is now a “Senior advisor.” He grew up in C1 and was a protege of Rich…

So happy I left C1

I have to say I am glad I left Capital One. Folks, I know they make you believe it is the best company out there. Don’t fall for it. It has a really bad culture where only those who play the game/politics win. Also if you want to practice your tech... — read more 

Finished Coaching Plan

I just finished a coaching plan with my manager based on a below strong rating at mid year. My manager has been giving positive feedback during the entire process. Today was my last day of the coaching session, but he did not say either way if I... — read more 

Cap1 Plano culture and PIP

Thinking of joining a role in Cap1 plano site. Wondering if it will be a good fit- how the culture is, toxic ppl monitoring what time youre in or out? Are everyones teams based out of Plano? Do y’all go in the morning and stay until end of day or the... — read more 

Can I get unemployment pay?

I live in FL and requested a severance package instead of accepting a PIP in March. My last day of employment was May 16, 2024. I did not try to apply for unemployment then because I was hoping to find a job sooner than later. It's been 4 months and... — read more 

Hopeful for layoffs

Things have worsened so much that I have no intention of staying here past the end of the year. I admit, while I'm job hunting, I'm hoping for another round of layoffs. It would feel amazing to leave this place while hitting them where it hurts... — read more 

2 week Notice

A co-worker said that cap1 will let u go immediately upon submitting a 2 week notice. Is this true?

CP automatic PIP?

My manager blindsided me with a below strong so that he could meet stack ranking numbers for mid year. Is that an automatic PIP at the end of the year or is there any way of digging out of a coaching plan and getting at least a strong? My manager... — read more 

Has anyone gotten a 3rd letter...

Has anyone gotten a third letter about "overpaid" severance money being "returned"? Still shaking my head about that whole thing. This company never ceases to amaze me (and not in a good way)! Just wondered if they gave up or there is more harassment... — read more 

MY PIP Discussion Post

Howdy, I've been at C1 for just under half a year now and I recently got hit with a PIP during my midyears. My manager had been telling me I was doing great and hadn't given me any warnings about performance prior. The reasoning for my Below Strong... — read more 

PTO when acquired by Capital One

What has C1 done in previous mergers where acquired company employees have tons of PTO each year. DFS maxes out at 35 days of PTO annually (25 years at company) and starting to wonder what is gonna happen.

Mid Year PIPs

I start noticing that people start disappearing left and right. For the past 2 weeks, I almost heard one story everyday about someone is leaving C1. It can't be a coincidence that every one got a job during summer and they all leaving on the 1st... — read more 

New tech worker discouraged after CP/PIP

Hey everyone, I was laid off earlier this year and haven't started looking for a job yet since I have some savings and took time off to travel. I've thought a lot about my time at Capital One and especially those last 4 months and it was so stressful... — read more 

Slapped with a CP

Well good ole C1 hit me with a below strong during mid year. I’ve been with the company for 13 years and always gotten strong or very strong and occasionally an exceptional. New manager came in and said that I was not pulling my weight despite praise... — read more 

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