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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Capital one?[/quote]

yep[/quote]

Capital One hired a bunch of Amazon execs and instituted a ranking program forcing managers to rate their employees - they had to rate at least 2 below standard. Those people were then given a choice - go on an improvement program with impossible standards and at the end, get axed with nothing if you don’t improve, or leave now with severance, etc, and in order to get that, sign a “I won’t sue” disclosure. And if you speak up as a manager in defense of your staff? You’re next on the chopping block. Capital One didn’t want the stink of layoffs on them like Amazon had, so they are forcing employees into a Hunger Games situation. I know someone who left on his/her own due to this because morally, they could not cope with these disgusting practices.

It hurts to be laid off but my suspicion is you will be not only better off, but a better person as a result.
[/quote]

I thought the dead end PIP vs voluntary severance was pretty standard.

Is it done piecemeal to not seem like layoffs?[/quote]

Re-read what I wrote. This is not standard. Managers were forced to rate an employee(s) as low standard even when the manager thought that wasn’t the case. If you have five employees under you and they are all above standard, you could not state that.[/quote]

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