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. An over whelming portion of the latest group has seen longer term workers over 40+ being listed as "inconsistent" -- first step for a performance review out the door.
Anybody knows if there is any truth to this? Haven't heard anything yet, but I'd like to be prepared if it's true.