Is Capital One really that bad?
I’m looking to move from chase to capital one because of my horrible manager, long commute, and TC The reviews I see of capital one are split though. Some people says it’s a good culture with great wlb but then others say it’s terrible and a pip factory with no collaboration. Which is it? Is it real that bad where I shouldn’t even consider applying? TC 135k YoE 3.5 #tech #swe #capitalone #culture #jobs
If you can go to the office and don't care about stagnation, it's not bad
Out of 8 companies that I have worked so far which includes MsFT, Amex, Fidelity and Capone, Capone ranks at number 1
In terms of what
When did you leave CapOne ? It has declined significantly since 2019
We had a couple applicants and two hires from capital one at my org at Riot. In general, I think it’s one of the best places in banking industry for software engineers. But still there are issues if you compare them to other high tech. In general it seems a lot of their leaders are more focused on doing, telling what to do and delegating (vs empowering, bottom up management and growing others) All their managers failed our interviews. But there were some pretty strong engineers here and there with slight culture problems. Getting them to get used to extreme empowerment culture at Riot took some coaching but at the end they ended up great.
Is riot hiring?
Hiring definitely slowed down a lot last a couple of months. I remember 2 years ago a moment where we had 1000ish open positions. Now I see 78 on careers page: https://www.riotgames.com/en/work-with-us/jobs
It’s somewhere between bad and mid depending on department. But it’s probably not the worst company to work for. -t piped person
Did you survive pip or did you leave?
I took the generous opt out package and left
Would you recommend moving to chase? Apart from your manager and commute?
It seems pretty solid and definitely recession proof. Pay is okay. Wlb can be iffy at times. My old manager at chase was great. My new one, not so much
I'm actually trying to go to Chase from C1 loool It is boring but decent tech. It is an upgrade or a downgrade depending on your level. Just a heads up, C1 downlevels like crazy. You'll only get the SA role which will be the same money. There's also a risk of PIP. We have too many SAs right now, so they have it the worst in terms of promotion. If you just need a job for 2 years, it's okay. But don't expect it to be more than that.
I had offers from chase and c1 a few years ago, chose capital one as an SA because the pay was more and the tech seemed better (for example at JPM I would’ve had to buy my own laptop and remote in). Have things improved at JPMC)
It’s not worth it. There have been ongoing silent layoffs in the Amazon way (PIP), and leadership has only been getting more incompetent. With incompetence comes insecurity; and with insecurity, well… you can guess the rest.
Damn that sucks. Is pip rate really 15%?
for some LoBs, that was the percentage at midyear in 2023. some orgs are better than others, but cap1 is really going hard into hiring the fuck stain rejects from Amazon into management that destroy organizations from the inside out, so I don't see that percentage necessarily going down once they get to their target headcount.
There are silent layoffs. Overhiring with simultaneos roles elimination - I am one of the impacted.
Damn that sucks. Did they claim it was performance?
They tried to go through the performance route at mid year, but I pushed back. My role was eliminated 2 months ago, and I and the team were told the elimination has nothing to do with performance. Meaning, no PIP and good severance.
Yes please don't join. Probably join Amazon, at least they pay well
It's increasingly an H1B shop. A neighbor in NoVA was laid off when his team got a new H1B manager and basically pushed out the locals.
So they are favoring H1B over US workers? Does that mean job security is bad?
Yes