Sweat Shop with Yearly Layoffs - Senior Systems Engineer Capital One Employee Review

2.0
Feb 10, 2018
Recommend
Business Outlook

Pros

Atmosphere is great for kids straight out of college. Focus on healthy living (onsite gym, ride bikes between buildings), lots of restaurants on campuses, great health benefits, onsite pharmacy, visually pleasing campuses, relaxed dress, flex start time. Genuinely great coworkers. Capital One University Training courses available for workers to further themselves online. Always learning bleeding edge new technologies and developing market first technologies. Small consistent raises and yearly bonuses paid for employees that manage to avoid the layoffs that occur each year. Flexible work locations. After hours employee gatherings / parties (when you travel to an alternate location), and semi annual team outings.

Cons

Using agile project methodologies, you are constantly having to document what was completed yesterday, what you plan to complete today, and what you plan to complete tomorrow in daily standup . Tell the employees what you want done, when you want it done by, and empower them to make the right decisions to get it done by the deadline you specified. Quit focusing on delivering the next shiny new bell, demoing a new application at the next south by southwest convention, and focus instead on delivering applications that change banking for good like credit cards for customers that have an lcd with a dynamiclly generated secure account number, and the ability to dynamically do everything i can do in a physical bank on my mobile phone. The performance management cycle is the absolute worst thing about this company, hands down. They hire 10 to 15 new employees in each area monthly and then turn around at the end of year and eliminate 10 to 15% of their workforce in each department based on a performance based measurement system that puts everyone on a bell curve. It creates an environment where folks are constantly playing dodge the whack a mole by moving between departments. Employees are often working 11 hours a day every day (55 hours a week) to deliver on projects related to a race to be on the bleeding edge of tech (migrating all applications to the cloud, consolidating banking applications related to ing bank purchas and purchase of hsbc credit card company. Because the high volume of work never ends, employees are beginning to feel like they work in a sweat shop and that they are in a lottery where its just a matter of time before they become part of the 10 to 15% workforce cuts that occur yearly.

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5.0
Jun 20, 2026
Anonymous employee
Recommend
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Pros

Work life balance is a plus here

Cons

Up to you to find opportunities to push yourself

3.0
Jun 19, 2026
Recommend
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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