Capital One Cuts 1,139 Jobs in Discover Merger Phase
SOURCENews reportView the filing ↗
What we know
Based on news reporting.
Summary
Capital One Financial Corporation has laid off 1,139 employees as part of the second phase of its merger with Discover. This significant workforce reduction reflects the ongoing integration efforts following the merger, aimed at streamlining operations and reducing costs. The layoffs are part of a broader strategy to enhance efficiency within the company. The specific departments affected and the locations of these layoffs have not been disclosed. This move underscores the challenges faced by Capital One in aligning its workforce with the new operational structure post-merger.
Capital One Financial Corporation cut 1,139 jobs as of January 1, 2026.
That is roughly 2.2% of the 52,500 people Capital One Financial Corporation employs.
LayoffTalk has tracked 15 layoff events at Capital One Financial Corporation since January 2023, including 264 jobs documented in official WARN filings, with 13 additional events known from news reporting.
Comments (0)
Anonymous by default. Be kind — people reading this may be going through it right now.
No comments yet. Be the first to share your thoughts.
Affected by this?
Share your story anonymously — it helps others reading this feel less alone.
Share your story →More layoffs at Capital One Financial Corporation
Recent tracked events at this company.