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

2.0
10 Feb 2018
Recommend
CEO approval
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
6 May 2026
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Pros

Good company culture Competitive Pay Technically advanced

Cons

Too much politics sometimes High pressure Harder to get promoted

1.0
1 Jun 2026
Recommend
CEO approval
Business outlook

Pros

Pay can be decent compared to GovCon. Some people are a pleasure to work with. Other non-pay related incentives.

Cons

Never heard more nonsensical topics during meetings; people sharing their sexual preferences, flaunting overly dramatic personal lifestyle decisions, diversity to the point of failure, etc. Hearing the term "white guilt" in a professional setting was, well, pretty unprofessional. Stack ranking for performance reviews is a mess. Someone has to have an "F" regardless of their performance because that is what their line of business is allotted. Be prepared to be held responsible for actions any Sr Leadership would just sweep under the rug under their own circumstances. If a manager doesn't like you, regardless of your productivity, you're toast unless you're able to find another LoB to support. HR / AR are just a check in the box and will most likely point you from one to the other and back again without resolving any issues. You'll find yourself curious as to what leadership does as they continue to scrape managerial responsibilities from their plate, to yours. Last but certainly not least; you may find yourself working hard on a project; nights and weekends, just in case that work life balance is feeling a little too perfect. Fret not, someone will surely assist in taking credit for the hard work you've put in. I'm sure none of these things will happen to you, though. Best of luck!

5
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