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Constant Change, Zero Progress

Software Engineer
Current Employee
Has worked at Capital One for 4 years
March 19, 2018
Vienna, Virginia
1.0
Doesn't RecommendNegative OutlookDoesn't Approve of CEO
Pros

Literally none different compared to other software companies in the current market.

Cons

If change happens too frequently, progress is negative. This was too logical to even be a leadership principle. To save his job and past failures, the CTO has gone crazy implementing things without looking at all terms of risks.

Layoffs happen every day and hiring happens every day since last 3 years. Like a kid, show anything fancy to Capital One and they will adopt it without a thought.

Advice to Management

You want to "Change Banking for Good," and you lay off someone every day! Which customer can trust you? Definitely not millennials. I know some layoffs can happen once every two years, and that's acceptable. Even performance-based layoffs that impact 12% of associates are acceptable. But stop laying off people just for poor past decisions because the morale of employees currently isn't to accomplish your goals but is to make money from you. The myth that college graduates solve all problems isn't true because even they mature into responsible employees and citizens in two years.

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