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Home/Companies/Fintech/Capital One
C
United States
Fintech

Capital One layoffs, tracked in full.

Capital One has cut 1,807 jobs across 4 tracked rounds since 2020. The most recent round was announced Aug 12, 2026, affecting 431 employees.

Last verified Aug 12, 2026|See methodology
At a glance
1,807
people laid off since 2020
Rounds
4
tracked
Industry share
2.1%
of Fintech cuts
Largest round
1,100
Jan 19, 2023
Most recent
Aug 12, 2026
431 cut
Total since 2020
All time
1,807
Across 4 rounds
Most recent round
Aug 12, 2026
431
Capital One cuts 431 jobs from Discover operations
Layoff rounds
Tracked
4
Jan 19, 2023 — Aug 12, 2026
Industry share
Cumulative
2.1%
of all Fintech cuts
Complete timeline · 4 verified rounds

Every Capital One layoff, documented.

Date
Event
Headcount
Location
Severity
Source
Aug 122026
Capital One cuts 431 jobs from Discover operations
Capital One has announced a new round of layoffs affecting 431 employees within its Discover operations. This reduction brings the total number of job cuts to 2,453 since the acquisition of Discover closed in May 2025.
431
—
Moderate
chicagobusiness.com ↗
Jun 22026
Capital One to lay off 276 workers in Illinois
Capital One announced plans to lay off 276 workers associated with its Riverwoods, Illinois site as part of its integration with Discover. The layoffs include 141 on-site employees and 135 remote workers reporting to the facility.
276
—
Moderate
pjstar.com ↗
May 212026
Ex-manager sues Capital One over 'forced ranking' layoff selection
A former cybersecurity manager is suing Capital One, alleging that a 'forced ranking' system was used to unfairly select him for termination during a layoff. The lawsuit claims the process was a cover for discrimination based on age and race.
—
—
Low
hcamag.com ↗
Jan 192023
Capital One Layoffs — 2023-01-19
1,100
Washington D.C.
US
High
reuters.com ↗
By geography

Where the cuts landed, city by city.

  1. #01
    Washington D.C.
    1 ROUND · US
    1,100
Country breakdown
100% of cuts in United States
United States
1,100
Frequently asked

Questions about Capital One layoffs.

How many people has Capital One laid off since 2020?+
Our dataset tracks 1,807 job cuts across 4 layoff rounds at Capital One since January 2020. All rounds are cross-referenced against WARN Act filings, SEC disclosures, and verified news reports.
When were Capital One's most recent layoffs?+
Capital One's most recent tracked layoffs were announced on August 12, 2026. Scroll up to the timeline for the full round-by-round history.
What percentage of Capital One's workforce has been laid off?+
An exact workforce percentage isn't available for Capital One — we don't have a confirmed peak headcount figure. The total cut figure above reflects all verified rounds in our dataset.
Which teams were affected by Capital One layoffs?+
Based on tracked WARN filings and disclosures, Discover operations appears most frequently across Capital One's layoff rounds. Scroll up to the divisions breakdown for the full picture.
Where does Capital One layoff data come from?+
Our data combines WARN Act government filings (mandatory for US employers cutting 50+ workers with 60-day notice), SEC 8-K corporate disclosures, and verified news reports. Each event is assigned a verification tier. See our methodology for full standards.
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