Capital One Layoffs

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Topics regarding layoffs at Capital One

Capital One keeps acquiring companies while laying off employees

Why do we keep acquiring other companies while at the same time laying off our own good people? How badly do we need to own Confyrm? And how many good people lost their livelihoods to make that acquisition possible? It would be really nice to see... read more
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160 views | no replies

More Capital One layoffs in St. Cloud

Capital One is laying off once again in St. Cloud. This seems to be one of the smaller rounds, maybe up to thirty people altogether, although I'm sure those losing their livelihood will not be comforted by that fact. At least they can apply to other... read more
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248 views | 1 reply ()

Downtown Chicago office? Partner cards?

Is it true they're selling off the partner cards business, or closing a huge part of the downtown Chicago office? This is just something I've heard from a guy who heard it from a guy in McLean.
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759 views | 5 replies (last )

Capital one worst company to work BS

Capital one is the worst place to work .Managments are very vindictive. They threatened employee to take away their severance and also small bonus. When u write email to the CEO and the Hr no one helps you for unfair treatment from your District... read more
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947 views | 3 replies (last )

Coi management bullying

This is not right and I’ve reported to HR on the bullying tactics from management. Has anyone else been threatened from there manager that they will take away there severance if they don’t follow all there BS rules?
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987 views | 4 replies (last )

Incoming layoffs

Letting go people in cities. Heard they are keeping top 30 advisors and their books as a package and selling. We have heard Whitney Bank as well as AIG Advisory. Sad deal for all involved. That program went from top notch (especially in South... read more
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946 views | 1 reply ()

CApital One Investing

Rumor. Is COI gone Friday?? Is someone trying to recruit advisors to Woodbury Financial?? Let's check back after a Thursday meeting
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1534 views | 10 replies (last )

This downward spiral started 7 years ago

Let’s be honest, this downward spiral started 7 years ago with Fat Boy Apello and not Tom. Hard to hold Tom accountable for a line of business he didn’t have full control over. Fat Boy gave Galante, a totally clueless individual, more stroke than... read more
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716 views | 2 replies (last )

Situation in the technology division of Capital One

I have a job offer with Capital One to work in their technology group at McLean campus in Virginia. But Capital One seems to be laying off people almost every week. How is the situation in the technology group?
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1244 views | 5 replies (last )

Capital One layoffs February 2018

So now that we all know E-Trade acquired a part of our retail brokerage business, we can all start updating our resumes. I know the company said there will be "some" layoffs, but I am willing to bet that "some" is going to be most of Wilmington... read more
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2291 views | 7 replies (last )

I hope Investing is sold!

What a great job by those at the top of Investing! Really turned around what was a profitable, well run, fun place to work! Now a division losing money, poorly run by those with no prior experience running a bank BD, shrunken product offerings for... read more
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1208 views | 3 replies (last )

Investing Acquisition

Capital One Investing will likely be acquired within the next 2 months.
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1712 views | 7 replies (last )

Good Job

I was employed at Capital One for a few years. Every day there I wondered why Capital One was in the mortgage business. The company overall is great; however, mortgage was the most poorly ill-conceived segment. The lack of mortgage programs available... read more
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869 views | 1 reply ()

Branch Closing?????

I have heard rumors that they will be closing a bunch of branches. Does anyone know when it will be announced? I had heard Dec/Jan however now no 1 is talking about it. Any update would be appreciated
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472 views | no replies

Originations Operating Unit (Long Island - 26 Laid off)

NY STATE WARN NOTICE - Layoffs Announced Originations Operating Unit (Long Island - 26 Laid off) Date of Notice: 11/8/2017 Event Number: 2017-0135 Rapid Response Specialist: Frederick Danks Reason Stated for Filing: Plant Unit Closing Company:... read more
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833 views | 1 reply ()

Auto Finance

Conference Call with Sanjiv tomorrow with all people managers.
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1446 views | 4 replies (last )

Nola office

Any word on the Nola corporate offices?
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826 views | 2 replies (last )

Las Vegas, Houston and Seattle

I really hope they stop here, Plano did get hammered but it could have been much worse. Las Vegas, Houston and Seattle may be the next target, but we'll see.
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622 views | no replies

Are Financial Advisors next?

Small business gone, lending gone, are the financial advisors next to get the chop. November 16 all hands on call will hopefully shed some light. Is it possible they are going to sell the retail branches?
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1324 views | 3 replies (last )

Watch out for auto...

Not just mortgage and home equity laid off. Also some retail bank call center. Auto is almost certainly next. Probably similar scale.
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834 views | 2 replies (last )

Bye bye jackass

Capital one was by far the worst mortgage company I have ever worked for. Ran poorly from the top. Middle management was the definition of favoritism and who was in with the crowd. Definitely not a merit based company. I”m happy to see that Sanjiv... read more
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1463 views | no replies

What else is left to exit?

Seriously, what else is Capital One planning to exit? Plano Mortgage and Servicing, Small Business, hearing Auto, oh, what else is on the chopping block. Happy holidays...
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1012 views | 3 replies (last )

So, whats in your wallet? A "Pink Slip", right?

So whats in your wallet, "Pink Slip"... This layoff is confirmed... Heard Auto is not doing to well, either... My guess is Cap One will go away, its a shame had a lot of BOX buildings, even one with a slide, in Plano...
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1514 views | 7 replies (last )

Small business exiting San francisco

The small business group has laid off everybody in the main SF office. 120 folks, and possibly more from the other teams. Business decision is the party line, which seems plausible. Concerns about C1 exiting SF altogether are being expressed in the... read more
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1458 views | 3 replies (last )

Capital one is a sh-- hole

Capital One use to be a great place to work. The fact is they do not have any respect for their employees. They are guilty of age discrimination but cover their own asses with NDA AGREEMENTS when they dangle a package in front of your face. Don't... read more
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1712 views | 1 reply ()

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