Company with no vision for the Capital One Bank - Anonymous employee Capital One Employee Review

1.0
15 Feb 2014
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Great Medical, Dental and Vision benefits

Cons

Layoff is the order of the day. There is a regular massive layoff due to what the senior leadership describe as 'restructuring'. Capital One is so convinced they will lay people off regularly that they have a Career Development Center office in their Richmond location and works with a company called LHH to help their laid off employees transition out of the company. Additionally, the annual employee performance review is not based necessarily on how well you have performed over the past year but how you compare to others in the same level but who may not be doing anything related or close to what you are doing. Your annual bonus depends on how well your manager can represent you in the presence of other managers and/or how well or badly everybody in your level did over the previous year.

Explore other reviews about Capital One

5.0
22 Jun 2026
Recommend
CEO approval
Business outlook

Pros

Very friendly and helpful co-workers

Cons

Worked with only one department instead of working with multiple departments

3.0
19 Jun 2026
Recommend
CEO approval
Business outlook

Pros

Some of the smartest individuals in their fields. The focus is always “forward” and the company is willing to adopt new tech to stay ahead for the purposes of the company’s (key word there) benefit. Great PTO and benefits.

Cons

The company’s drive to keep itself moving forward has caused it to regress in other aspects. As a leading tech company first, and leading bank second, it’s embarrassing what their stance is on hybrid and remote work. The company can easily accommodate remote options for their employees not near main offices, but chooses not to. I am relocating to a major city with no major CapOne presence and their response was “too bad, either fly up weekly or you’ll be terminated for not meeting the hybrid requirements”. It’s embarrassing because most of my week is remote anyways. I wonder how many current and past employees have been impacted, and I’m worried about how much talent they’ll be pushing away in the coming years.

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